Chattel mortgage is a loan for purchasing movable properties like vehicles, appliances, electronics, trailers and boats. Unlike a house that’s fixed on a lot, which is a real property, this type of loan is for things that can be moved. The lender would have the lien or right to the property until the loan has been fully paid. That’s the only time that the borrower will have full rights on its ownership. In case of default payment or if the loan has not been paid, the lender would have the right to sell it to compensate for the amount that has not been paid.

Like any other loan,chattel mortgage terms vary from one lending company to another. If you’re considering getting this type of loan, it’s important that you look around and compare their terms to get the best one. The easiest way to do this is by using LoanSolutions. We are a company that works as the link between borrowers and lenders, making the process faster and easier for both parties. We can help you find the best terms for your chattel mortgage.

Whether you are planning to apply for a car loan or a personal loan to get cash for purchasing something, our company can help you. We have partnered with trusted banks and lending companies in the Philippines. Fill up the application form on our site and based on your requirements, we’ll match you with the companies that have the best terms. Two to three matching lenders would be presented to you so that you can weigh your options and decide on which of them you would continue the application with. We have your best interest in mind, which is why we only work with companies that give 1% to 4%chattel mortgage interest to borrowers. We want you to have your mortgage approved and at the same time not have difficulties in paying for it.


Applying for a chattel mortgage with LoanSolutions is easy. Go to the main page of our website and click on “apply now” under personal loan or vehicle loan. Fill up the needed information on the application form and based on your needs, we will find your perfect match among our partner banks and lenders. Study about your options so you can choose the top provider that you feel offers the best terms. Your application will then be processed and within 5 to 10 business days, you’ll be notified if it was approved or not.

Since lenders also need to ensure that they will be paid, there are specific requirements that you need to meet in order to have your chattel mortgage application approved. You must be a Filipino citizen, at least 24-years old and you should not be over 60-years old upon the maturity of the loan. Your salary must also be at least PhP 10,000.00 per month and you must have been working at your present company for a minimum of one year. You must also be employed for at least three years. Banks and lenders also perform background investigation to determine the likelihood of paying the loan without problems.

LoanSolutions is here to help you get the best terms for your chattel mortgage. Contact us if you have any questions or concerns regarding this matter.