I would suggest putting your portion of the invest/savings ahead. Open an account sa bank na balak nyong mag-loan. Place the money on a time deposit, or a portion of it sa time deposit. Update your PAG-IBIG contributions. P100 lang naman per month. You can pay for the entire year at once.
---> we have the regular SA and CA sa bank but we do not invest in TDs since we invest our money where the investment is more profitable. Sobra liit sa TD kase. We are also not PAG-IBIG members. the rules have changed also that you have to be 2years member to avail of any loan/benefits, before pwede ka maybayad one time na good for 2years pero ngayon even if you pay, you are not allowed to take out a loan.
You would have to wait about 6-months siguro, to build your credential with the bank. Hindi na ba talaga kayo magwork? As in retired na? If not, then get a job. Something that would pay for the dailies at least.
- we plan on going solo (freelance, entrepreneurship, etc..)
Within 6-months, try to add in to your savings and do not pull out any money. Tell the bank manager that you're shopping for a home loan. Since the bank manager knows that you have capability to buy the house, I guess, he'll help you on that.
After, 6-months or when at least one of you has a regular job here in PH, then go and find that ideal house. Drop at least 30% of the TCP during your equity/DP. This is to impress both the developer and bank of your capability to pay.
The 6-months is a short time to spare, to build your financial credibility.
- we have been remitting regularly to our bank. But as I have said, just regular SA bec we invest elsewhere. We have no outstanding loans in the bank or in the PH. Pwede na ba siya na financial credibility?