Offers flexible term to finance personal needs or purposes providing alternative solution for clients to cater their desired necessities.

TARGET CLIENTS:

Individuals who are land title owners who has regular income earning and purpose are for personal consumption.

Term: Flexible Term Max 10 years

Loan Amount: 40%-70% of the appraised value but MUST NOT BELOW P30,000.00 loan application.

Mode of Payment: Monthly, Quarterly, Semi-Annually, & Annually (Depends on the source of income of the client)

Requirements:

Pre-application

• 4 pcs 2×2 ID Picture

• 1 valid photo bearing ID

• Proof of Income

• Photocopy of OCT/TCT

• Vicinity Map

• Tax Declaration and Tax Receipt

Prior to Release

• • Original copy of Sketch Plan with Vicinity Map

  • Original copy of OCT/TCT (collateral)

  • Special Power of Attorney, if applicable

  • Original copy of Real Estate Tax Declaration

  • Original copy of current Real Estate Tax Receipt or Tax Clearance

  • Certification from:

    • Provincial/City Register of Deeds or

    • RTC/MTC

  • Affidavit of non-tenancy (1 hectare or more)

  • DAR Clearance (5 hectares or more)

  • Insurance Policy for Improvements

  • Bond to answer claims for Section 4 Rule 74, if applicable

  • Other documents pertaining to liens

• 1 qualified co-maker (for borrower 60 y.o and above)

  • 1 valid Photo Bearing ID

  • Proof of Income

  • Cash Flow