Real Estate Mortgage Loan:
Agricultural Purposes/Commercial Purposes/House Renovation secured by Real Estate Mortgage ( REM )
Requirements:
- Land title
- Certified True Copy of Land Title
- Tax Declaration of the Land
- Tax Declaration of the House/Building
- Sketch map
- Vicinity map
- Tax Receipt & Tax clearance
- Proof of Income
- Proof of Billing (if none, Barangay Certification)
- TIN/Community Tax Receipt of Spouses
- Marriage Contract (if married)
- Photocopy of Valid ID
- Photocopy of Valid ID of spouse (if married)
- 2×2 ID picture
- 2×2 ID picture of spouse (if married)
- Special Power of Attorney if needed
- Postdated checks for long term loans upon approval
Below 1 Million | 13.5% Interest per annum |
1 Million to 2.5 Million | 13.25% Interest per annum |
Above 2.5 Million | 12.5% interest per annum |