MINIMIZE

Bank Financing

Below are the bank financing rates under our partnership with China Bank. Please note that China Bank reserves the right to change the following rates and bank financing requirements without prior notice.

 

Fixed for one year

5.50% per annum

Fixed for two to three years

7.75% per annum

Fixed for four to five years

8.00% per annum

Fixed for six to ten years

9.75% per annum

Fixed for eleven to fifteen years

10.50% per annum

 

The following is the checklist of application requirements for the Purchase of a Unit and Bank Financing.

 

Documents for the Purchase of the Unit

Documents Required for Bank Financing

  1. For Employed Individuals
  • Completely signed and filled out Reservation Application form
  • Completely filled out Buyer’s Info Sheet (BIS)
  • Two valid ID’s (both spouses if applicable)
  • Marriage contract (if married)
  • BIR / TIN (both spouses if applicable)
  • 2x2 ID pictures (both spouses if applicable)
  • Alien Certificate of Registration (ACR) or Philippine Retirement Authority (PRA) if foreigner

 

 

  • Completely filled out Application Form
  • Income Tax Return (both spouses, if applicable)
  • Certificate of employment stating length of service and monthly compensation package (both spouses)
  • Deposit Statements of Accounts (for the most recent three months)

 

  1. For Self-Employed Individuals
  • Completely signed and filled out Reservation Application form
  • Completely filled out Buyer’s Info Sheet (BIS)
  • Two Valid ID’s (both spouses if applicable)
  • Marriage contract (if married)
  • BIR / TIN (both spouses if applicable)
  • 2x2 ID pictures (both spouses if applicable)
  • Alien Certificate of Registration (ACR) or Philippine Retirement Authority (PRA) if foreigner

 

 

  • Duly filled out Application Form
  • Latest Income Tax Return (for the Business)
  • Certificate of registration of business name (DTI/SEC)
  • Business profile (for sole proprietorship) / articles of incorporation (for corporations)
  • Top ten (10) major suppliers and clients with contact person and numbers

 

  1. For Individuals Working Abroad
  • Completely signed and filled out Reservation Application form
  • Completely filled out Buyer’s Info Sheet (BIS)
  • Two valid government issued ID’s (2 for each spouse if married)
  • Marriage contract (if married)
  • BIR/TIN (both spouses if applicable)
  • Special Power of Attorney
  • Two valid government issued ID’s of the Attorney-in-fact
  • 2x2 ID pictures of the Attorney in Fact

 

 

  • Duly filled out Application Form
  • Special Power of Attorney

*shall be notarized if executed here in the Philippines or authenticated by the Philippine Consul if executed abroad

  • Payslips / Remittance slips (last 6 months)
  • Certificate / Contract of Employment / POEA Contract
  • Income Tax Return (if applicable)

 

Note: All of the above mentioned documents in category C (except for Application form) must be duly authenticated by the Philippine Consulate Office