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Real Estate Loan



Requirements:

DURING APPLICATION
  1. 1 pc 2x2 Photo of the Applicant
  2. Photocopy of Certificate of Title
  3. Original copy of Lot Plan with Vicinity Map
  4. 3 pcs colored pictures of improvements (Interior and Exterior) and 1 showing the road
  5. 2 photocopies of Government Issued ID’s
  6. Latest Tax Declaration and Updated Land Tax receipt
  7. Certification – No Land Tax Delinquency/ Full Payment
  8. Sugarcane Planters – Milling Reports of the last 2 cop-years
  9. Photocopy of TIN ID/ TIN No.
  10. Latest Income Tax Return
  11. For Corporate: Board Resolution, Certificate of Incorporation & By Laws, General Information Sheet (GIS)
AFTER APPROVAL & BEFORE AVAILMENT
  1. Owner’s Duplicate Copy of Certificate of Title
  2. Insurance Policy for Improvements (Company-accredited Insurance Company)
  3. Post-dated checks
  4. Incidental Expenses (Fees)

1.5% per month for REM

Add-on (+2% p.a rebatable)

2.5% per month for Balloon / Lump-sum Payment