House Repair
Requirements
- Renovation or Equity
- Loan application approve by the HR
- Building plan
- Bill of materials
- Contract to Sell or Deed of Sale for purchase of property
- No offsetting of other loans is allowed
- In good credit standing
Eligibility
Company’s loan eligibility will prevail.
- Maximum Loan Amount: Php 149,999
- Maturity: 2 years
- Loan Entitlement: 5x of Share Capital
- Minimum Share Capital: Php 5,000
- Interest Rate: 0.82% per month
- Service Fee: 0.5% of loan or Php 100 which ever is higher
- Capital Build Up: None
- Renewal Period: None
Processing Time
Seven (7) working days from date of receipt from the company HR