I. Loanable amount is 50% to 60% of appraised value.
II. Interest rate is 16% to 12% per annum.
III. Term of loan is 5 years up to 10 years balloon payment.
- Certified true copy of title
- Certified true copy of tax declaration land and building
- Tax receipt and tax clearance for current year
- Location plan (Signed and sealed by Geodetic Engineer)
- Proof of income of the borrower
- 2 pcs. 2×2 picture
- 2 valid ID’s
- Birth certificate/marriage contract
- Proof of billing address