Filipino borrowers continue to prioritize practical, family-focused purchases, with sports utility vehicles (SUVs) and house-and-lot properties leading loan preferences, according to Metrobank.
The bank said most home loan applicants still prefer house-and-lot developments over condominiums and townhouses. This reflects the common goal among Filipino families to own land and have more space, often for extended or multigenerational living. Demand remains strong for homes in suburban areas, where larger spaces and community-style neighborhoods are available.
Data from the Bangko Sentral ng Pilipinas also show that owning property is a key financial goal for many households, linked to long-term security and wealth.
In the auto market, SUVs are now the most popular vehicle type among borrowers, surpassing sedans. Their larger capacity and flexibility make them more suitable for family use. SUVs, along with pickups and vans, also dominate vehicle financing and sales as buyers look for durability and versatility.
Metrobank noted that major purchases like homes and vehicles are usually decided as a family, with careful planning around expenses, savings, and future needs.
To support borrowers, Metrobank has relaunched its “Goals Made Real” promo until May 29, 2026. The offer includes lower interest rates, waived fees of up to P60,000, and free one-year car insurance from AXA for approved car loans. Applications must be approved by July 31, 2026.
