I. Maximum loanable amount is 80% of appraised value.
II. Interest rate is 12% per annum.
III. Maximum term is 20 years.
IV. Requirements:
- Certified true copy of title (Registered in the borrower’s name)
- Certified true copy of tax declaration of land & Bldg. if any, (Registered in the borrower’s name)
- Tax receipt and tax clearance for current year
- Location plan (Signed and sealed by Geodetic Engineer)
- Subdivision plan
- Proof of income of the borrower
- 2 pcs. 2×2 picture
- 2 valid IDs
- Birth certificate/Marriage Contract
- Proof of billing address