RESIDENTIAL LOT

A real estate loan under Premium Business Loan that gains you access to cash to finance your next business expansion projects. Listing your residential property as collateral can be accomplished without hassle when you submit your complete requirements online. An appraisal, however, will be required to assess the value of the property, its current condition and current level of development.

Loanable Amount: ₱100,000 to ₱5,000,000

Interest Rate: 1.25% per month

Loan Term: 6 months to 2 years; 5 years*

Processing Timetable: within 7 to 15 days

Payment Mode: Bank-to-bank Transactions or Post-dated Checks

*Subject for approval; 1.50% monthly interest rate

Requirements:

✓ Duly filled out loan Application Form
✓ Tax Declaration
✓ Tax Receipt
✓ Tax Clearance (Assessor’s Office)
✓ Lot Plan
✓ Community Tax Receipt (Cedula)
✓ Baranggay Clearance (Borrower and Co-Maker)
✓ Two (2) Valid Government IDs (Borrower and Co-Maker)
✓ Three (3) 2×2 Pictures (Borrower and Co-Maker)

✓ Business Permit
✓ Certificate of Employment
✓ Payslip (3 months)
✓ Proof of Remittances (3 months)
✓ DTI or Mayor’s Permit
✓ ITR and AFS (3 years)
✓ Bank Statement (2 years)

Acceptable IDs:

✓ Primary IDs
UMID, Passport, Voter’s ID, Driver’s License, SSS/GSIS ID, PRC ID, Postal ID (Digitized), Senior Citizen ID, PWD ID

✓ Secondary IDs
TIN ID, Police ID, Philhealth, Pag-ibig ID, OWWA ID, OFW ID, GOCC ID, IBP ID, Co. ID, NBI and Police Clearances, Brgy. Cert., Seaman’s Book