Loan Limit
- For Housing/Lot Purchase - the basis for the computation of the loanable amount is computed at twenty four (24) months basic salary plus allowances plus paid-in capital share and investments. The maximum loanable amount is P 1,000,000.00 payable for a maximum of twenty (20) years at an interest rate of 10% per annum, depending upon the capacity of the borrower to pay.
- For house construction - the amount granted shall be given in trances depending upon the amount of loan and subject to ocular inspection.
Application Forms
Initial Requirements
- Certification of net take home pay
- Certification of leave credits of at least 30 days and 60 days for those availing more than P100,00.00
- Signature of spouse
- Collateral/Submit origjnal copy of title
- Deed of conveyance/ Deed of undertaking
Additional Requirements
- Service Record
- Certificate of no pending criminal administrative case
- Latest declaration of Real property and certificate of non-delinquency
- Certified photocopy of the original title and/or SPA from the owner
- Floor and building plans, spcifications billof materials and labor cost estimates
- Building permit
- Deed of sale