Knowledgebase

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What are the requirements for a home loan?

The following are the requirements for Home Loan:

• Subdivision/ Resedential house and lots

• Certified true copy of TCT, Tax Declaration and RETR (Real Estate Tax Receipt)

• Vicinity Map with Location Plan

• Usual requirements apply if the borrower is employed, with business, seaman, OFW/beneficiary or doctor

• Appraisal fee (outside Cebu City) P 2,500(M.LA); P3,500- P5,000 (Province)