Housing Loan

A credit facility open individuals and real estate developers for the purpose of:
> Lot acquisition (Personal).
> House reconstruction, renovation, repairs, improvement and/or refinancing of existing house. A memorandum of agreement (MOA) duly signed by all parties for Real Estate developers on large-scale lot acquisition (e.g. subdivisions, villages, townhouses).

 

Loan Product Features

LOANABLE AMOUNT INTEREST RATE REPAYMENT METHOD TERMS
Php100,000 and up 18.2% diminishing per annum Monthly 12 - 24 Months

REGULAR LOANS – REM
Requirements:
1. Loan Application Form
2. Photocopy of any of the ff:
    a. Tax Identification Number (T.I.N)
    b. Driver License
    c. Passport
    d. SSS ID
    e. Postal ID
    f. GSIS
    g. HDMF (Pag-ibig ID)
3. 2 pcs. 1x1 ID pictures (Client & Co-borrower)
4. Income Tax Return (ITR)
5. Audited Financial Statements/In House FS
6. Proof of Income
7. Bank Statements for the last six (6) months
8. For Business:
    a. Photocopy of DTI Certificate of Registration
    b. Mayor's Permit
    c. NFA License/Contractor's License
9. Issuance of Post Dated Check (PDC's)
10. Photocopy of Certificate of Title certified by the Registry of Deeds
11. Vicinity Map signed by a Geodetic Engineer
12. Photocopy of Tax Declaration
13. Real Estate Tax Receipts and Tax Clearance
14. Fire Insurance (if with Improvements)
15. Court Clearance

REGULAR LOANS – CHATTEL
Requirements:
1. Loan Application Form
2. Photocopy of any of the ff:
    a. Tax Identification Number (T.I.N)
    b. Driver License
    c. Passport
    d. SSS ID
    e. Postal ID
    f. GSIS
    g. HDMF (Pag-ibig ID)
3. 2 pcs. 1x1 ID pictures (Clients & Co-borrower)
4. Income Tax Return (ITR)
5. Audited Financial Statements/In House FS
6. Bank Statements for the last six (6) months
7. For Business:
    a. Photocopy of DTI Certificate of Registration
    b. Mayor's Permit
    c. NFA License/Contractor's License
8. Issuance of Post Dated Check (PDC's)
9. Photocopy of LTO Certificate of Registration
10. Photocopy of LTO Official Receipt
11. 3 sets of Stencils of Engine and Chasis Number
12. Comprehensive Insurance
13. Court Clearance