A joint venture of Camella Prestige and El Patu Property Holdings Corp.
FINANCING
A) SPOT CASH
The buyer has enough fund to purchase the property. Discount is available for spot cash buyers.
B) BANK FINANCING
This is the recommended option if the buyer doesn't like to purchase in spot cash. A minimum of 20% down payment is required, 80% will be paid by the bank. Borrower will then pay to the bank in 5, 10, 15 or 20-year term. We will facilitate loan application with the bank, buyer will just have to submit the required documents to us for processing.
C) IN-HOUSE FINANCING
This option is intended for those who do not qualify for bank financing, usually those whose work is on a seasonal basis. In-house financing rate is higher than bank financing.
Required Documents for Spot Cash
• Birth Certificate or Marriage Contract
• Valid IDs
• Community Tax Certificate (Cedula) / Photocopy of Passport (all pages w/ entries)
• 2 pcs. 2" x 2" id pictures (husband and wife)
Required Documents for Deferred Cash (2 years to pay)
• Birth Certificate or Marriage Contract
• Valid IDs
• Community Tax Certificate (Cedula) / Photocopy of Passport (all pages w/ entries)
• 2 pcs. 2" x 2" id pictures (husband and wife)
• Proof of Billing Address (Utility bills)
• Post dated checks
Required Documents if with Financing
Overseas Contract Workers (OFWs)
• Original Certificate of Employment and Compensation w/ Consular Seal
• Photocopy of Contract of Employment
• Photocopy of Passport (all pages with entries)
• Proof of Remittances (latest 6 months)
• Pay Slips (latest 3 months)
• Valid IDs
• Bank Statements (latest 6 months)
• Birth Certificate or Marriage Contract
• Community Tax Certificate (Cedula)
• 2 pcs. 2" x 2" id pictures (husband and wife)
• Proof of Billing Address (Utility bills)
• Post dated checks
Locally Employed
• Photocopy of Income Tax Return (ITR)
• Original and Notarized Certificate of Employment and Compensation (COEC)
• Pay Slips (latest 3 months)
• Valid IDs
• Bank Statements (latest 6 months)
• Birth Certificate or Marriage Contract
• Community Tax Certificate (Cedula)
• 2 pcs. 2" x 2" id pictures (husband and wife)
• Proof of Billing Address (Utility bills)
• Post dated checks
Self-Employed (Business)
• Photocopy of Business Registration (DTI/SEC)
• Mayor's Permit
• ITR for the last 2 years
• Original Audited Financial Statements for the last 2 years
• Franchise/OR/CR (for taxi, jeepney, bus operators)
• PTR (For practicing professionals)
• Company Profile (if applicable)
• Picture of Business Establishment
• Bank Statements (latest 6 months)
• Birth Certificate or Marriage Contract
• Valid IDs
• Community Tax Certificate (Cedula)
• 2 pcs. 2" x 2" id pictures (husband and wife)
• Proof of Billing Address (Utility bills)
• Post dated checks
Note: Other documents may be required on a case to case basis.
