Car Mortgage Loan

Eligibility

  • 24 – 64 years old

  • Filipino citizen

  • With existing owned car unit

  • The car year model is not more than 10 years

  • Fully paid and not encumbered to any other financing

  • Regular employee for at least 1 year

  • If self-employed, business should be operating for 2 years

  • Must be residing or working within Metro Manila for atleast 1 year

Pre-Requirements

  • 1 Government-issued ID

  • Copy of OR/CR

Requirements

  • 2 Government-issued IDs

  • For employed, Certificate of employment and latest 1 month payslip; or Company ID and latest 1 month payslip

  • For employed, Latest ITR or BIR Form 2316

  • For self-employed, Business permit, SEC or DTI

  • For self-employed, Latest Income Tax Return or BIR form 1701 or Latest Annual Financial Statement

  • Proof of billing/residency

  • Clean OR/CR named under the borrower’s name

  • Inspection report from the LTO

  • Latest picture of the vehicle

  • Bank statement, latest 3 months

Loan Details

  • Php 300,000.00 -  Php 3,000,000.00

  • Interest: 1.5% - 2.5% per month

  • Term: 6 months to 24 months

  • Service Fee: Approximately 2% of the loan amount.

    • Documentary Stamp Tax = 0.75% of loan principal

    • Business Tax

    • Appraisal Fee

    • Annotation Fee

    • Credit Investigation Fee

    • Miscellaneous expenses

Conditions

  • Late penalty 3% per month

  • Need to change the name of car insurance (from the borrower to Philippine Top Platinum Lending Corporation)

Application Process

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Qualified? Send in your application now.

Fill-out the application form completely and follow the instructions stated in the online form.

Prime Loan Plus is the brand of Philippine Top Platinum Lending Corporation is a Lending Company duly registered and licensed with the Securities and Exchange Commission.

02 8805 7830

0917 700 1794
0998 598 4756

info@primeloan.ph

[Head Office] Unit 1505 The Pearlbank Centre, 146 Valero St., Salcedo Village, Makati City

SEC Company Registration No. CS201421830

Certificate of Authority No. 1899

ALL RIGHTS RESERVED 2018 © www.primeloan.ph