Multi Purpose Loan

A type of loan that answers the pressing need of clients for a flexible fund source.

The loan will be granted for the following purposes:

  •  Residential building construction/ renovation
  • Purchase of lot
  • Purchase of House and Lot
  • Education of Self/ Children
  • Defrayal of current obligations
  • Defrayal of medical/ hospitalization charges
  • Other legitimate loan purposes

Product Features:

  • Interest rates for as low as1.167%  per month no hidden charges!
  • Optional loan term ranging between 6 months to 1 year.
  • Interest Rebates for advanced payments
  • High appraisal value for qualified collaterals!
  • Fast loan processing

With very affordable life insurance coverage adequate for the protection of the family

General Client Eligibility Requirements (Secured Loans):

  • Of legal ages between 21 to 70 years old
  • Owns/ possesses documents supporting an acceptable collateral (please see general documentary requirements)
  • Of good health
  • With livelihood activities

General Documentary Requirements for All Collateralized Loans:

  • Land Title
  • Tax Declaration (Lot)
  • Tax Declaration (Building), if required.
  • Latest Tax Receipts
  • Vicinity Map and Sketch Plan
  • Affidavit of Non-Tenancy (for agricultural lands 5 hectares and above)
  • Certification from the Registry of Deeds (new every 10 years)
  • Court Clearance
  • Certified True Copy of the Title from the Registry of Deeds
  • Building Pictures, if required
  • Income Tax Return (for loans applications for =P= 100,000.00)
  • TIN (photocopy or any proof on the correctness of the TIN)
  • Community Tax Certificate (photocopy)
  • Two (2) 2” X 2” Latest ID Pictures
  • Official Receipt for the Filing Fee (New Loan)

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