Refinancing, Home Loans, Business Loans! Call 9076897 * 3867227 Philippines

ELIGIBILITY:

• Any individual of legal age and has an existing business for atleast 3 years or has a regular employment earning atleast Php 50,000.00 combined is eligible to apply.

LOANABLE AMOUNT:

• Minimum loan amount of P500,000
• Up to 80% of appraised value of property

INTEREST RATES:

• Prevailing rate at the time of loan release; fixed for 1 year to 5 years at the borrower's option, subject to review thereafter.

PURPOSE & MAXIMUM TERM OF LOAN

• Lot Purchase - 15 years
• Purchase of house and lot, townhouse, condominium - 20 years
• House construction and improvement - 20 years

REPAYMENT:

• Monthly amortization of principal and interest via Post Dated Check or Automatic Debit Arrangement

SERVICE CHARGE & DURATION:

• 5.0% Service Charge of the Total Loan Amount payable to Credit Source  upon the
• release of the loan and 1 year Contract  duration.

APPRAISAL:

• Appraisal Amount varies on the bank charge.

PROCESSING PERIOD:

   Maximum of 21 working days upon submission of completed documents.

MORTGAGE REDEMPTION INSURANCE:

  Exclusive underwriting from Credit Source thru Cocolife  in Annual mode. 

For more details on our fast  processing & easy requirements & terms:

 CALL us today:
Trunk Lines : 907.6897  *  386.7227 

Mobile : 0915.8709147 

DOCUMENTARY REQUIREMENTS:

1. Information on the Collateral
  a. Copy of the TCT/ CCT
  b. Lot plan and vicinity map
  c. Tax Declaration
  d. Owner's authorization to appraise the property

      (with contact person and contact  number)

2. Information on Personal Data & Income
  For Employed Individuals
  a. Duly filled out Application Form with ID picture
  b. Certificate of Employment and Compensation
  c. Latest Payslip
  d. Photocopy of Marriage Contract (if applicable)
  e. Photocopy of ID and Community Tax Certificate
  f.  Income Tax Return for the last two years

  For self-employed Individuals
  a. Duly filled out application form with ID picture
  b. Certificate of Business Registration
  c. Photocopy of Marriage Contract (if applicable)
  d. Photocopy of ID and Community Tax Certificate
  e. Financial Statements for the last two (2) years (In-house & Audited)
  f.  Income Tax Return for the last two years
  g. List of top 5 customers & suppliers with contact persons and telephone numbers
  h. Bank Statements for the last six (6) months

3. Additional requirements for construction/renovation
  a. Approved building plan
  b. Bill of materials and specifications

4. Service Contract & Agreement

  a. Notatized Loan Service Contract & Agreement

  b. Filled Up Insurance Application Form

FOR FURTHER ASSISTANCE :

CONTACT US TODAY!
 Trunk Lines :  907.6897  *  386.7227              Mobile :         0915.8709147 

We are happy to help.