House and Lot Collateral Loan - Biggest Cash out for a Real Estate Credit in the Philippines

House and Lot Collateral Loan

Apart from a car loan, real estate collateral loan is probably the biggest cash turnout for a cash advance / credit for Filipinos in the Philippines. It is one of the least given priority collateral loan because of the fact that very few would allow their investment property to be used for borrowing money in a lending company.


On the other hand, just in case you are one of those who are willing to apply for a loan in the Philippines and you need really big amount of money to borrow, I would strongly suggest that you go for the house and lot loan collateral. Here, you can be assured of a big sum of money for your loanable amount simply because house and lot combined would usually yield hundred thousand in appraised value or market value which in the lending industry anywhere in the world would mean bigger loanable amount choice for the borrower.

Interest rates for real estate collateral loan would usually range from 1% - 5% but most of the lending companies would only offer a low interest rate of 2% by experience as a loan consultant for loans in the Philippines. To ask however what are the different list of requirements to qualify to apply for a house and lot loan, please refer below.

Call me to apply for Loan – Sam Casuncad (Pinoy loan consultant)
home office phone: 366 36 45
Sun Cellular No 0932 – 872 5532
Smart Cellular No 0939 – 9269335
Globe No 0917 – 5019245 
Email me at samcasuncad dot ofwcashloan at gmail dot com

Basic List of Requirements

Certified true copy of TCT (transfer certificate of title)
Updated RETR and tax declarations of the property to be used as collateral
Vicinity map and latest picture of the house
Proof of income of the borrower
Land title should be under the borrower's name
Latest tax identification number (TIN)

Interest Rates

1.5 %- 1.75 % add on per month

Loanable Amount

30% of appraised value or 2M maximum

Processing Fee

5.5% + Php 150.00 (Metro Manila Titles)
5.5% + Php 150.00 (Provincial Titles)

Processing Time

10-15 days

Loan Payment Terms

24 months maximum

Reminder: Other additional documentary requirements may be needed on a case to case basis and list of requirements are subject to change without prior notice.