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25/10/2016

Requirements :Property loan

- Basic documentary requirements
- Title of Ownership (OCT,TCT/CCT)
- Real Estate Tax Receipt (RETR)
- Tax Declaration
- Vicinity Map
- Picture of Property

Interest Rate
Commercial/Residential = 2.0%
Agricultural = 2.5%

Loanable Amount
30% of appraised value, maximum of P2,000,000

Processing Fee
5.5% + P150 (Metro Manila)
5.5% + P200 (provinces)

Processing Time
10 to 15 working days

Terms
12 to 24 months

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Manila
1007