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What's New
- CTBC Bank Philippines Partners with Hitachi Asia to Bring Faster, Safer Digital Banking Experience to Customers
- CTBC Bank undertakes tree planting activity
- CTBC Bank Officials Pay Courtesy Call to Incoming BSP Governor
- CTBC Bank Donates Ambulance to PGH
- Bank Acquired Properties for Sale
- CTBC Bank Provides Funding for PGH Ambulance
Today's Rates
My Family Home Loan
Brief Description
It is a straightforward housing loan facility that offers a borrower low fixed interest rates and flexible payment terms.
Features
Facility:
- Term Loan
Purpose:
- Purchase of:
- House and lot
- Condominium Unit
- Townhouse
- Lot only (for future construction of primary home)
- Lot with house construction
- House Construction
- Refinancing
- Refinancing of lot (for future construction of primary home)
Loan Amount:
- Minimum: PhP500,000
- Maximum:
- For OFWs - PhP50,000,000
- Loan Amount For Salaried Individuals, Self-Employed, Professionals – based on the Debt to Income Ratio
Processing Time:
- 5 to 7 banking days
Term:
- Up to 20 years
Fixing Period and Interest Rates:
- 1 year – 7.50%
- 2 years – 8.25%
- 3 years – 8.25%
- 4 years – 8.35%
- 5 years – 8.35%
Note: Aforementioned rates are indicative only and are subject to change without prior notice.
Repayment Plan:
- Principal and interest payable in equal monthly amortizations until fully liquidated
Eligibility Criteria
- Between 21 and 65* years old upon loan maturity
- Earning a minimum gross monthly family income of PhP50,000
- Filipino citizen
- Has office and residence landline or mobile number
- Has the following employment / business status and / or tenure:
- for salaried individuals - permanent in status with at least six (6) months tenure with present employer or two (2) combined work experience including the most recent employer
- for professionals - with more than or equal to three (3) years of practice in profession
- for self-employed - with more than or equal to three (3) years in business operations
Note: Qualifications apply to both housing loan borrower and spouse/co-borrower.
*For Self-Employed, 69 years old upon loan maturity
- Between 21 and 65 years old upon loan maturity
- Earning a minimum combined gross monthly income of PhP50,000 for land-based loan applicants and PhP80,000 for sea-based loan applicants
- Filipino citizen
- Has an office and residence landline or mobile number
- Has at least three (3) years work experience as an OFW or seaman, and at least six (6) months employed in present company
- Has a locally assigned co-borrower
Note: Qualifications apply to both housing loan borrower and spouse/co-borrower.
Requirements
- Completely filled out application form
- Photocopy of one (1) valid ID of the principal borrower and co-borrower
- Photocopy of Marriage Contract (if applicable)
- Photocopy of Certificate of Employment
- Photocopy of latest Income Tax Return / BIR Form 2316
- Photocopy of TCT / CCT
- Photocopy of lot plan / vicinity plan / subdivision plan
- Photocopy of updated Tax Declaration, Real Estate Tax Receipts and Tax Clearance
- Signed Authorization Letter
- Payment of appraisal fee
- Latest Statement of Account of creditor banks (for refinancing / take-out purpose)
- For construction loan:
- Building Plan
- Bill of materials (estimates of construction and labor costs)
- Building specification and / or scope of work
Notes:
- Other documents and/or information may be required upon processing of the application for approval.
- Appraisal fee shall be required to be paid by the mortgage loan applicant prior to the processing of loan application.
- Acquisition of properties under accredited developers of the Bank does not require payment of appraisal fee.
- For approved mortgage loan applications, attendant fees and charges such as but not limited to registration fees, notarial fees, DST, MRI, among others, shall be for the account of the borrower.
- All applicable bank fees and charges should be paid directly to any of the branches of CTBC Bank.
- Completely filled out application form
- Photocopy of one (1) valid ID of the principal borrower and co-borrower
- Photocopy of Marriage Contract (if applicable)
- Photocopy of Business Registration papers (i.e. SEC Registration / Articles of Incorporation / By-Laws / GIS or DTI certificates)
- Photocopy of latest six (6) months bank statement
- Photocopy of latest three (3) years ITR
- Photocopy of latest three (3) years Audited Financial Statements
- List of major trade suppliers and customers with contact person and landline numbers (3 of each)
- Photocopy of TCT / CCT
- Photocopy of lot plan / vicinity plan / subdivision plan
- Photocopy of updated Tax Declaration, Real Estate Tax Receipts and Tax Clearance
- Signed Authorization Letter
- Payment of appraisal fee
- Latest Statement of Account of creditor banks (for refinancing / take-out purpose)
- For construction loan:
- Building Plan
- Bill of materials (estimates of construction and labor costs)
- Building specification and / or scope of work
Notes:
- Other documents and/or information may be required upon processing of the application for approval.
- Appraisal fee shall be required to be paid by the mortgage loan applicant prior to the processing of loan application.
- Acquisition of properties under accredited developers of the Bank does not require payment of appraisal fee.
- For approved mortgage loan applications, attendant fees and charges such as but not limited to registration fees, notarial fees, DST, MRI, among others, shall be for the account of the borrower.
- All applicable bank fees and charges should be paid directly to any of the branches of CTBC Bank.
- Completely filled out application form
- Photocopy of one (1) valid ID of the principal borrower and co-borrower
- Photocopy of Marriage Contract (if applicable)
- Photocopy of Certificate of Employment (if applicable)
- Photocopy of latest Income Tax Return / BIR Form 2316
- Photocopy of latest six (6) months bank statement
- Photocopy of TCT / CCT
- Photocopy of lot plan / vicinity plan / subdivision plan
- Photocopy of updated Tax Declaration, Real Estate Tax Receipts and Tax Clearance
- Signed Authorization Letter
- Payment of appraisal fee
- Latest Statement of Account of creditor banks (for refinancing / take-out purpose)
- For construction loan:
- Building Plan
- Bill of materials (estimates of construction and labor costs)
- Building specification and / or scope of work
Notes:
- Other documents and/or information may be required upon processing of the application for approval.
- Appraisal fee shall be required to be paid by the mortgage loan applicant prior to the processing of loan application.
- Acquisition of properties under accredited developers of the Bank does not require payment of appraisal fee.
- For approved mortgage loan applications, attendant fees and charges such as but not limited to registration fees, notarial fees, DST, MRI, among others, shall be for the account of the borrower.
- All applicable bank fees and charges should be paid directly to any of the branches of CTBC Bank.
- Completely filled out application form
- Photocopy of one (1) valid ID of the principal borrower and co-borrower
- Photocopy of Marriage Contract (if applicable)
- Photocopy of Certificate of Employment (land-based / Contract of Employment for sea-based)
- Latest one (1) month payslip
- Photocopy of valid passport with entry / exit stamp
- Photocopy of latest three (3) months proof of remittance
- Notarized / Consularized Special-Power-of-Attorney (SPA)
- Photocopy of two (2) valid IDs of the Attorney-in-Fact
- Photocopy of TCT / CCT
- Photocopy of lot plan / vicinity plan / subdivision plan
- Photocopy of updated Tax Declaration, Real Estate Tax Receipts and Tax Clearance
- Signed Authorization Letter
- Payment of appraisal fee
- Latest Statement of Account of creditor banks (for refinancing / take-out purpose)
- For construction loan:
- Building Plan
- Bill of materials (estimates of construction and labor costs)
- Building specification and / or scope of work
Notes:
- Other documents and/or information may be required upon processing of the application for approval.
- Appraisal fee shall be required to be paid by the mortgage loan applicant prior to the processing of loan application.
- Acquisition of properties under accredited developers of the Bank does not require payment of appraisal fee.
- For approved mortgage loan applications, attendant fees and charges such as but not limited to registration fees, notarial fees, DST, MRI, among others, shall be for the account of the borrower.
- All applicable bank fees and charges should be paid directly to any of the branches of CTBC Bank.
List of Acceptable IDs
CTBC Bank (Philippines) Corp. is regulated by the Bangko Sentral ng Pilipinas (BSP).
BSP Financial Consumer Protection Dept.: (02) 8708-7087 • [email protected]
https://www.bsp.gov.ph
Deposits are insured by PDIC up to PhP500,000 per depositor.
Deposits are insured by PDIC up to PhP500,000 per depositor.
© . CTBC Bank (Philippines) Corp.
