Filipino borrowers are prioritizing practical and family-oriented purchases, with sports utility vehicles (SUVs) and house-and-lot properties emerging as the leading loan choices, according to Metropolitan Bank & Trust Co.
Home loan applicants continue to favor house-and-lot developments over condominiums and townhouses despite the rise of vertical living.
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This reflects a long-standing aspiration among Filipino families to own land and secure more space for multigenerational living. The trend mirrors broader residential market patterns where property consultancy firms note sustained demand for horizontal housing in suburban areas offering larger living spaces and community-oriented neighborhoods.
Property ownership remains a primary long-term financial goal for Filipino households, tied closely to financial security and wealth building, according to Bangko Sentral ng Pilipinas studies.
In the automotive sector, SUVs have overtaken sedans as the most popular vehicle type for borrowers. Car owners are prioritizing larger seating capacity, versatility and durability for everyday travel. Commercial vehicles, including SUVs, pickups and vans now account for the majority of vehicle sales.
Filipino households typically evaluate these major financial decisions collectively. Families weigh large purchases against long-term priorities such as emergency savings, healthcare needs, and rising household expenses.
To support these goals, Metrobank said it brought back its Goals Made Real promotion through May 29, 2026.
Borrowers who apply for home or car loans during this period may receive low interest rates and waived fees of up to P60,000 to help cover additional expenses like appliances or vehicle accessories.
Car loan borrowers are also eligible for free 1-year AXA car insurance. To qualify for the promotion, applications should be approved and booked on or before July 31, 2026.
The bank said this aims to help more Filipinos turn aspirations into reality sooner. Interested borrowers can find more details at Metrobank branches or on the company website.
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