Condominium Loan

 

CONDOMINIUM LOAN
Loan Amount: Up to 80% of the Appraised Value or Contract-to-Sell Price, whichever is lower – For newly built condominium unit/s from accredited developers Up to 70% of the Appraised Value or Contract-to-Sell Price, whichever is lower – For other condominium unit/s
Interest Rate*: 6.5% to 8.5% per annum depending on the manner of repricing
Term: Up to 15 years

REQUIREMENTS

PERSONAL LOAN (WITH COLLATERAL)/ CONDOMINIUM LOAN

Employed:
- Completely filled-out Application Form
- Copy of 2 valid IDs
- Certificate of Employment
- Latest Pay Slip
- Latest ITR
- Latest Proof of Billing


Self-Employed:
- Completely filled-out Application Form
- 2 Valid IDs
- Copy of Business Permit
- Latest 3 years Audited Financial Statements with ITR
- Latest 3 years In-House Financial Statements
- Latest 6 months Bank Statements
- Trade References (Top 3 customers & suppliers)
- BIR Certificate of Registration
- Other Proof of Income (i.e. Notarized Lease Contract)
- Latest Proof of Billing
- Authorization Letter to conduct bank checking
- DTI Registration & Latest Barangay Clearance


Collateral Documents:
- Clear copy of Contract-to-Sell
- Latest Statement of Account from the Developer
- Condominium Certificate of Title (CCT) free of any lien and encumbrances
- Deed of Undertaking issued by the Developer if the Condominium Certificate of Title
(CCT) is not yet available

 

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Yuanta Savings Bank Philippines, Inc. is a wholly owned subsidiary of Yuanta Commercial Bank in Taiwan, and is regulated by the Bangko Sentral ng Pilipinas.

For inquiries or complaints, you may call Yuanta Savings Bank Customer Service at (02) 845-3838 or send e-mail to ysb.customerservice@yuanta.com.ph.

Similarly, you may also contact the BSP Financial Consumer Protection Department at (02) 708-7087.