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Payment scheme was also more convenient with BDO because they accept over-the-counter payment, or savings deduction. I chose the first option than issue them post-dated check or have them deduct my monthly dues to my savings account. This way I have full control of my own savings.
When it comes to interest rates, BDO gives lower rates. I should know, because like I said I have an existing loan from another bank the rates comparison is by far better with BDO. BDO Home Loan: How to Apply for a Loan Step-by-Step (2018) Working far away from your family is perhaps the hardest thing that you can do. However, it can also be rewarding because you will be able to help your family out of poverty. You may even be able to save enough money for different needs aside from the necessities.
You may also qualify for a BDO OFW Loan that you can use to provide a house for your family. A house and lot is probably one of the major goals hard money construction loans florida OFWs have.