{"id":7048,"date":"2020-12-19T16:49:53","date_gmt":"2020-12-19T08:49:53","guid":{"rendered":"http:\/\/www.therealestategroupphilippines.com\/?page_id=7048"},"modified":"2022-02-03T23:54:05","modified_gmt":"2022-02-03T15:54:05","slug":"real-estate-loan-mortgage-credit-financing","status":"publish","type":"page","link":"https:\/\/www.therealestategroupphilippines.com\/real-estate-loan-mortgage-credit-financing\/","title":{"rendered":"Real Estate Loan, Mortgage & Credit Financing"},"content":{"rendered":"

[vc_row css=”.vc_custom_1608402630135{margin-right: 10px !important;margin-left: 10px !important;}”][vc_column][vc_empty_space][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1608402630135{margin-right: 10px !important;margin-left: 10px !important;}”][vc_column width=”1\/4″][\/vc_column][vc_column width=”1\/2″][vc_cta h2=”Get Your Loan Here” txt_align=”center” style=”3d” color=”sky” el_width=”xs” add_button=”bottom” btn_title=”APPLY NOW” btn_style=”3d” btn_shape=”square” btn_color=”warning” btn_size=”lg” btn_align=”center” btn_css_animation=”fadeInDownBig” css_animation=”none” btn_link=”url:https%3A%2F%2Fwww.therealestategroupphilippines.com%2Floan-application-screening%2F||target:%20_blank|”][\/vc_cta][\/vc_column][vc_column width=”1\/4″][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1608397758474{margin-right: 10px !important;margin-left: 10px !important;}”][vc_column width=”1\/6″][\/vc_column][vc_column width=”2\/3″][vc_column_text]<\/p>\n

We have partnered with a top Filipino lending company to help clients easily become Philippine real estate owners and investors!<\/h1>\n

[\/vc_column_text][\/vc_column][vc_column width=”1\/6″][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1608541279292{margin-right: 10px !important;margin-left: 10px !important;background-color: #e0e0e0 !important;}”][vc_column width=”1\/5″][vc_icon icon_fontawesome=”fas fa-calendar-alt” background_style=”rounded” align=”center”][vc_column_text]<\/p>\n

Fast Approval: 7 Days Avg.<\/strong><\/p>\n

[\/vc_column_text][\/vc_column][vc_column width=”1\/5″][vc_icon icon_fontawesome=”fas fa-percent” color=”orange” background_style=”rounded” align=”center”][vc_column_text]<\/p>\n

Low Interest Rate: As Low As 2% Per Month\/24% Per Annum<\/strong><\/p>\n

[\/vc_column_text][\/vc_column][vc_column width=”1\/5″][vc_icon icon_fontawesome=”fas fa-money-bill-wave” color=”purple” background_style=”rounded” align=”center”][vc_column_text]<\/p>\n

Maximum Loan: \u20b115M<\/b><\/strong><\/p>\n

[\/vc_column_text][\/vc_column][vc_column width=”1\/5″][vc_icon icon_fontawesome=”fas fa-glass-cheers” color=”vista_blue” background_style=”rounded” align=”center”][vc_column_text]<\/p>\n

Flexible Loan Terms: 1 Year to 5 Years<\/strong><\/p>\n

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Eligible Locations: Metro Manila, Rizal, Bulacan, Pampanga, Cavite, Laguna, Tagaytay<\/strong><\/p>\n

[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1608541261976{margin-right: 10px !important;margin-left: 10px !important;}”][vc_column width=”1\/4″][\/vc_column][vc_column width=”1\/2″][vc_column_text]<\/p>\n

Easy Loan Process<\/span><\/h2>\n

[\/vc_column_text][\/vc_column][vc_column width=”1\/4″][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1608541270526{margin-right: 10px !important;margin-left: 10px !important;background-color: #e0e0e0 !important;}”][vc_column width=”1\/4″][vc_icon icon_fontawesome=”fas fa-laptop” color=”white” background_style=”rounded-less” background_color=”orange” align=”center”][vc_column_text]<\/p>\n

STEP 1:<\/strong> Complete Online Info<\/span><\/p>\n

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STEP 2:<\/strong> Fill Out Loan Application Form & Submit Doc Requirements<\/span><\/p>\n

[\/vc_column_text][\/vc_column][vc_column width=”1\/4″][vc_icon icon_fontawesome=”fas fa-search-dollar” color=”white” background_style=”rounded-less” background_color=”orange” align=”center”][vc_column_text]<\/p>\n

STEP 3:<\/strong> Appraisal of Property & Approval of Loan<\/span><\/p>\n

[\/vc_column_text][\/vc_column][vc_column width=”1\/4″][vc_icon icon_fontawesome=”far fa-money-bill-alt” color=”white” background_style=”rounded-less” background_color=”orange” align=”center”][vc_column_text]<\/p>\n

STEP 4:<\/strong> Release of Loan<\/span><\/p>\n

[\/vc_column_text][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1608397848639{margin-right: 10px !important;margin-left: 10px !important;}”][vc_column width=”1\/4″][\/vc_column][vc_column width=”1\/2″][vc_column_text]<\/p>\n

Types of Loans Available For You<\/h2>\n

[\/vc_column_text][\/vc_column][vc_column width=”1\/4″][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1608397806503{margin-right: 10px !important;margin-left: 10px !important;background-color: #e0e0e0 !important;}”][vc_column width=”1\/4″][\/vc_column][vc_column width=”1\/4″][vc_single_image image=”7071″ img_size=”large” add_caption=”yes” alignment=”center” title=”Mortgage Loan”][vc_column_text]Mortgage Loan refers to the type of loan that is used by people who would like to buy real estate properties like condominiums, houses, lots or buildings from developers or secondary owners.<\/p>\n

It is also utilized by property owners who would like to raise money for whatever intent or use. The property under their name would just be used as collateral.[\/vc_column_text][\/vc_column][vc_column width=”1\/4″][vc_single_image image=”7070″ img_size=”large” add_caption=”yes” alignment=”center” title=”Loan Refinancing”][vc_column_text]Loan Refinancing simply means taking out a new loan to pay an existine loan. Filipinos usually refinance loans to get lower interest rate or to have lower monthly loan payments.[\/vc_column_text][\/vc_column][vc_column width=”1\/4″][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1608397857134{margin-right: 10px !important;margin-left: 10px !important;}”][vc_column width=”1\/6″][\/vc_column][vc_column width=”2\/3″][vc_column_text]<\/p>\n

Details You Should Know<\/h2>\n

[\/vc_column_text][\/vc_column][vc_column width=”1\/6″][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1608541337393{margin-right: 10px !important;margin-left: 10px !important;background-color: #e0e0e0 !important;}”][vc_column width=”1\/6″][\/vc_column][vc_column width=”2\/3″][vc_tta_tour][vc_tta_section title=”Loan Purpose” tab_id=”1608541321474-a4ac6eb6-6c88″][vc_column_text]<\/p>\n

    \n
  1. Buy a condominium<\/li>\n
  2. Buy a townhouse<\/li>\n
  3. Buy a vacant lot<\/li>\n
  4. Construct a house<\/li>\n
  5. Refinance existing loans with banks and other financial institutions<\/li>\n<\/ol>\n

    [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Loanable Amount” tab_id=”1608541321558-fff0ddaa-b803″][vc_column_text]\u20b13,000,000 or less[\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Loan Term” tab_id=”1608541321639-42e31942-6303″][vc_column_text]<\/p>\n

      \n
    1. Minimum: 1 Year<\/li>\n
    2. Maximum: 5 Years<\/li>\n<\/ol>\n

      [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Interest Rate” tab_id=”1608541321721-61db7cb2-5c7e”][vc_column_text]As low as 2% per month or 24% per annum[\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Eligible Property Locations” tab_id=”1608541321802-b2766b8e-7480″][vc_column_text]Our partner lending company will accept properties to be purchased or used as collateral on these areas:<\/p>\n

        \n
      1. NCR<\/li>\n
      2. Cavite<\/li>\n
      3. Laguna<\/li>\n<\/ol>\n

        [\/vc_column_text][\/vc_tta_section][\/vc_tta_tour][\/vc_column][vc_column width=”1\/6″][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n

        Credit Processing Requirements<\/h2>\n

        [\/vc_column_text][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1608541346248{margin-right: 10px !important;margin-left: 10px !important;background-color: #e0e0e0 !important;}”][vc_column width=”1\/6″][\/vc_column][vc_column width=”2\/3″][vc_tta_accordion][vc_tta_section title=”General Requirements” tab_id=”1608386325051-8af06848-5505″][vc_column_text]<\/p>\n

          \n
        1. Photocopy of 2 valid government issued ID\u2019s.<\/span><\/span><\/span><\/li>\n
        2. Appraisal Fee of \u20b11,000.<\/span><\/span><\/span><\/li>\n<\/ol>\n

          [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”For Locally Employed” tab_id=”1608386325079-6314a2ff-048b”][vc_column_text]<\/p>\n

            \n
          1. Duly accomplished Loan Application Form <\/span><\/span><\/span><\/li>\n
          2. Colored p<\/span>hoto (1×1 or 2×2) of applicant & spouse attached to the loan application form<\/span><\/span><\/span><\/li>\n
          3. Income Tax Return (ITR) for the past three (3) years, BIR Form 2316 \u201cCertificate of Income Tax Withheld on Compensation\u201d<\/em><\/span><\/span><\/span><\/li>\n
          4. Certification of income and employment <\/span><\/span><\/span><\/li>\n
          5. Certification and proof of income from other sources (income from rent, dividends, commis<\/span>s<\/span>ions, interest and other sources)<\/span><\/span><\/span><\/li>\n
          6. Other requirements <\/span>as maybe requested<\/span><\/span><\/span><\/li>\n<\/ol>\n

            [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”For Self-Employed” tab_id=”1608386422574-d6c89623-2592″][vc_column_text]<\/p>\n

              \n
            1. Duly accomplished loan application form <\/span><\/span><\/span><\/li>\n
            2. Colored p<\/span><\/span><\/span>hoto (1×1 or 2×2 <\/span><\/span><\/span>size<\/span><\/span><\/span>) of applicant & spouse attached to the loan application form<\/span><\/span><\/span><\/li>\n
            3. Business <\/span><\/span><\/span>registration<\/span><\/span><\/span><\/li>\n
            4. B<\/span><\/span><\/span>usiness permit<\/span><\/span><\/span><\/li>\n
            5. I<\/span><\/span><\/span>ncome <\/span><\/span><\/span>T<\/span><\/span><\/span>ax <\/span><\/span><\/span>R<\/span><\/span><\/span>eturns with <\/span><\/span><\/span>BIR<\/span><\/span><\/span> stamp <\/span><\/span><\/span>for the past three (3) years<\/span><\/span><\/span><\/li>\n
            6. C<\/span><\/span><\/span>ertified <\/span><\/span><\/span>f<\/span><\/span><\/span>inancial <\/span><\/span><\/span>s<\/span><\/span><\/span>tatements for the past three (3) years plus <\/span><\/span><\/span>I<\/span><\/span><\/span>nterim <\/span><\/span><\/span>F<\/span><\/span><\/span>inancial <\/span><\/span><\/span>S<\/span><\/span><\/span>tatements for the current year <\/span><\/span><\/span><\/li>\n
            7. Special <\/span><\/span><\/span>P<\/span><\/span><\/span>ower of <\/span><\/span><\/span>A<\/span><\/span><\/span>ttorney, <\/span><\/span><\/span>if applicable<\/span><\/span><\/span><\/li>\n
            8. Authority to verify bank, trade and other credit dealings\/references <\/span><\/span><\/span><\/li>\n
            9. Other requirements <\/span>as maybe requested<\/span> <\/span><\/span><\/li>\n<\/ol>\n

              [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Real Estate Mortgage Requirements” tab_id=”1609236222840-644e9a18-f196″][vc_column_text]<\/p>\n

                \n
              1. Original Transfer Certificate of Title (TCT Sample<\/a>)<\/li>\n
              2. Certified True Copy of the TCT or CCT<\/li>\n
              3. Certified True Copy of the Traceback Title (How to get Traceback Title<\/a>)<\/li>\n
              4. Certified True Copy of the Tax Declaration (Land & Building) of the current year (Tax Declaration Sample<\/a>)<\/li>\n
              5. Property Tax Clearance<\/li>\n
              6. Property Tax Receipt\/s of the current year<\/li>\n
              7. Certificate of No Improvement (If Lot Only)<\/li>\n
              8. BIR Certificate Authorizing Registration (eCAR)<\/li>\n
              9. Lot \/ Building Plan<\/li>\n
              10. Homeowner’s Clearance<\/li>\n
              11. Condominium Association Dues Clearance (if applicable)<\/li>\n
              12. Baranggay Clearance<\/li>\n
              13. Certificate of No Marriage Record (CENOMAR) or Marraince Certificate<\/li>\n
              14. Bank Statement for the past three (3) months<\/li>\n
              15. Proof of Business or remittance<\/li>\n
              16. Post Dated Checks<\/li>\n<\/ol>\n

                [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Collateral \/ Appraisal Requirements” tab_id=”1608386443991-fe0fb32f-6c90″][vc_column_text]<\/p>\n

                  \n
                1. Photoc<\/span>opy of TCT or CCT (Sample TCT<\/a><\/strong>)<\/span><\/span><\/span><\/li>\n
                2. Photoc<\/span>opy of <\/span>l<\/span>atest tax declaration of lot\/improvement (Sample tax declaration for lot improvement<\/a><\/strong> & for condo<\/a><\/strong>)<\/span><\/span><\/span><\/li>\n
                3. Photocopy of <\/span>r<\/span>eal property tax clearance from Treasurer’s or A<\/span>ssessor’s<\/span> office<\/span><\/span><\/span><\/li>\n
                4. Photocopy of l<\/span>atest <\/span>realty <\/span>tax receipts<\/span><\/span><\/span><\/li>\n
                5. Vicinity map and lot plan certified by a Geodetic Engineer<\/span><\/span><\/span><\/li>\n
                6. Latest photos of improvements (front, side, rear) and adjacent properties<\/span><\/span><\/span><\/li>\n
                7. Certified copy of mother title\/master deed of declaration (for condominiums and townhouses)<\/span><\/span><\/span><\/li>\n
                8. Collateral appraisal authorization<\/span><\/span><\/span><\/li>\n<\/ol>\n

                  Additional Documents For <\/b><\/span><\/span><\/span>Construction <\/b><\/span><\/span><\/span>Loan<\/b><\/span><\/span><\/span>:<\/b><\/span><\/span><\/span><\/p>\n

                    \n
                  1. Building <\/span>p<\/span>lans and specifications duly signed by the Architect\/Civil Engineer<\/span><\/span><\/span><\/li>\n
                  2. Building <\/span>p<\/span>ermit signed by the City\/Municipal Engineer<\/span><\/span><\/span><\/li>\n
                  3. Bill of <\/span>m<\/span>aterials duly signed by the Architect\/Civil Engineer<\/span><\/span><\/span><\/li>\n
                  4. Other requirements <\/span>as maybe requested<\/span> <\/span><\/span><\/li>\n<\/ol>\n

                    [\/vc_column_text][\/vc_tta_section][\/vc_tta_accordion][\/vc_column][vc_column width=”1\/6″][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1608397874232{margin-right: 10px !important;margin-left: 10px !important;background-color: #ffffff !important;}”][vc_column width=”1\/4″][\/vc_column][vc_column width=”1\/2″][vc_column_text]<\/p>\n

                    Important Disclosure. 15% One-Time Service Charge<\/strong><\/h2>\n

                    This loan application is best suited for people who are not eligible to get a bank loan or PAG-IBIG loan.<\/p>\n

                    If you have not applied for a bank or PAG-IBIG loan yet, do so before applying here. If you will be declined from the aforementioned financial institutions, then you may return here.<\/p>\n

                    Our partner lending company has a One-Time Service Charge of 15% on the approved loan amount.<\/u><\/strong><\/p>\n

                    For example: If you have been approved for a \u20b1<\/strong>3,000,000 <\/b>loan, you may either pay the One-Time Service Charge out of your own pocket or our partner lending company will deduct the 15% (\u20b1450,000<\/strong>) from your approved loan amount.<\/p>\n

                    You will net \u20b12,550,000 but your loan amount on record will still be \u20b13,000,000<\/u><\/strong>.<\/p>\n

                    The 15% One-Time Service Charge will cover the legal, documentary & other processing fees that would be incurred in processing the loan. This is the reason why we would like to encourage you to try first the banks and PAG-IBIG.\u00a0<\/span><\/em><\/p>\n

                    The great thing about this is, our partner lending company has a fixed interest rate of 2% per month. This is better option that using the in-house financing of developers; if you avail of a developer’s in-house financing, the usual monthly interest rate that they will charge is 9% or more and is subject to change. They can and will increase the interest rate overtime.<\/p>\n

                    Yes, the developers doesn’t have a 15% One-Time Service Charge but, they’ll get more money out from you through their high in-house financing interest rates.<\/p>\n

                    The bottomline would be a choice between a 15% One-Time Service Charge but lower montly interest rate by our partner lending company or Minimal\/Zero Service Charge but high monthly interest rate by the developers.[\/vc_column_text][\/vc_column][vc_column width=”1\/4″][\/vc_column][\/vc_row][vc_row][vc_column][vc_cta h2=”Get Your Loan Here” txt_align=”center” el_width=”xs” add_button=”bottom” btn_title=”APPLY NOW” btn_style=”3d” btn_shape=”square” btn_color=”sky” btn_size=”lg” btn_align=”center” btn_css_animation=”fadeInDownBig” css_animation=”bounceIn” btn_button_block=”true” btn_link=”url:https%3A%2F%2Fwww.therealestategroupphilippines.com%2Floan-application-screening%2F||target:%20_blank|”][\/vc_cta][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

                    [vc_row css=”.vc_custom_1608402630135{margin-right: 10px !important;margin-left: 10px !important;}”][vc_column][vc_empty_space][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1608402630135{margin-right: 10px !important;margin-left: 10px !important;}”][vc_column width=”1\/4″][\/vc_column][vc_column width=”1\/2″][vc_cta h2=”Get Your Loan Here” txt_align=”center” style=”3d” color=”sky” el_width=”xs” add_button=”bottom” btn_title=”APPLY NOW” btn_style=”3d” btn_shape=”square” btn_color=”warning” btn_size=”lg” btn_align=”center” btn_css_animation=”fadeInDownBig” css_animation=”none” btn_link=”url:https%3A%2F%2Fwww.therealestategroupphilippines.com%2Floan-application-screening%2F||target:%20_blank|”][\/vc_cta][\/vc_column][vc_column width=”1\/4″][\/vc_column][\/vc_row][vc_row css=”.vc_custom_1608397758474{margin-right: 10px !important;margin-left: 10px !important;}”][vc_column width=”1\/6″][\/vc_column][vc_column width=”2\/3″][vc_column_text] We have partnered with a top Filipino lending company to help clients easily become Philippine […]<\/p>\n","protected":false},"author":6,"featured_media":7050,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template\/template-onepage.php","meta":[],"yst_prominent_words":[6150,6143,6126,6129,6182,6180,6125,6124,6127,6092,6134,6070,6144,6123,6153,6135,6179,6133,6145,6128],"_links":{"self":[{"href":"https:\/\/www.therealestategroupphilippines.com\/wp-json\/wp\/v2\/pages\/7048"}],"collection":[{"href":"https:\/\/www.therealestategroupphilippines.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.therealestategroupphilippines.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.therealestategroupphilippines.com\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.therealestategroupphilippines.com\/wp-json\/wp\/v2\/comments?post=7048"}],"version-history":[{"count":6,"href":"https:\/\/www.therealestategroupphilippines.com\/wp-json\/wp\/v2\/pages\/7048\/revisions"}],"predecessor-version":[{"id":9804,"href":"https:\/\/www.therealestategroupphilippines.com\/wp-json\/wp\/v2\/pages\/7048\/revisions\/9804"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.therealestategroupphilippines.com\/wp-json\/wp\/v2\/media\/7050"}],"wp:attachment":[{"href":"https:\/\/www.therealestategroupphilippines.com\/wp-json\/wp\/v2\/media?parent=7048"}],"wp:term":[{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.therealestategroupphilippines.com\/wp-json\/wp\/v2\/yst_prominent_words?post=7048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}