|
|
|
|
|
|
|
|
|
|
 |
FOREIGN EXCHANGE |
|
|
| As of Sep-07-2010 |
| CURRENCY |
BUY |
SELL |
| US Dollar |
44.200 |
44.685 |
| Japanese Yen |
0.5210 |
0.5371 |
| Euro |
56.187 |
57.962 |
| Hong Kong Dollar |
5.634 |
5.810 |
| Bahrain Dinar |
111.379 |
120.274 |
| More |
|
|
|
|
T - BILLS |
|
|
|
Treasury Bills
Auction Date: 23 August 2010
|
|
91-DAY
|
182-DAY
|
364-DAY
|
| High |
3.950%
|
4.350%
|
4.595%
|
Low
|
3.924%
|
4.268%
|
4.500%
|
Average
|
3.936%
|
4.302%
|
4.562%
|
| Inc.(+)/Dec. (-) over the past week |
-0.029 |
0.039
|
0.046
|
|
|
|
|
|
|
|
|
|
|
|
| BUILD AND SAVE HOUSING LOAN < LOANS & OTHER CREDIT FACILITIES < PRODUCTS & SERVICES |
|
BUILD AND SAVE HOUSING LOAN
The only Housing Loan Program that lets you earn rebates on your loan by maintaining higher deposit * ADB with us. So make full use of your deposits and live your dream house with Allied Bank Build and Save Housing Loan.
COMPETITIVE INTEREST RATE:
|
Take advantage of our competitive interest rates, among the lowest in the market today which will help you manage efficiently your cash flow.
|
INTEREST RATES:
|
| TERM |
STANDARD |
Fixed 1 yr.
|
9.25% |
Fixed 2 yr.
|
9.75%
|
Fixed 3 yr.
|
9.75%
|
| Fixed 4 yr. |
9.75% |
| Fixed 5 yr. |
9.75% |
| Fixed 10-15 yrs. |
11.50% |
| Fixed 16-25 yrs. |
12.00% |
Yearly repricing after the fixing period.
|
LOAN PURPOSES AND LONGEST REPAYMENT TERMS:
|
Payment option of up to maximum of 25 years depending on purposes of the loan.
- Purchase of House and Lot/Condominium Unit
- House Construction
- Purchase of Lot
- Refinancing
- House Renovation / Expansion
- Reimbursement
The age of the borrower should not exceed 65 years old at loan maturity and the term of loan should not exceed the remaining economic life of the improvement.
|
| EASY PAYMENTS OPTIONS: |
Pay your monthly amortization through post dated checks or automatic debit arrangement of your Allied Bank Account. |
| LOANABLE AMOUNT: |
Maximum of sixty percent (60%) to ninety percent (90%) of the appraised value of the property or corresponding construction cost, if for house construction (depending on loan amount).
We will make it cost effective to acquire your dream house.
Earn Mabuhay Miles Rewards which you may redeem for Free flights to Philippine Airlines or PAL Express. You may also redeem Free upgrades from Fiesta Class to Mabuhay Class aboard Philippine Airlines. |
| ELIGIBILITY: |
- Available to individuals of legal age but not more than sixty five (65) years old at the time the loan matures.
- Filipino or Foreign based Filipino
- Employed/Self-employed for 2 years
- 1st time borrowers are welcome
|
| CONVENIENT LOAN APPLICATIONS: |
Just visit our hundreds of branches nationwide and they will be more than willing to assist you. |
DOCUMENTARY REQUIREMENTS:
FOR INDIVIDUAL BORROWER:
IDENTITY DOCUMENTS:
- Fully accomplished Consumer Credit Application Form
- Housing Loan Proposal Form and Documentation Checklist
- 3 copies of Universal Specimen Signature Card
- Photocopy of at least two valid ID's (SSS / GSIS, Passport, Driver's License, NBI Clearance, Marriage Contract, Company ID)
- Two (2) 2" x 2" ID Pictures
- Signed CTC and TIN
- Location sketch of residence / business address
FINANCIAL DATA:
1. If Employed
- Current W2 or ITR for the past two (2) years with stamped "Received" by BIR
- Certificate of Employment indicating tenure, salary, and positions
- Recent payslip covering one (1) month pay
2. If OFW
- For Seamen: latest crew contract and employment history
- For contract workers and immigrants: employment contract or Certificate of employment & Salary to be authenticated by the Phil. Consulate upon loan approval)
- Proof of monthly remittance or Payslips for the past three (3) months
3. If engaged in Business
- Certificate of Business Registration with SEC or DTI
- Current Audited Financial Statements and Income Tax Return with stamped received by the BIR.
- Bank Statement / Passbook for the last six (6) months (optional)
COLLATERAL DOCUMENTS:
- Photocopy of Owner's Duplicate Transfer Certificate of Title (TCT) or Condominium Certificate of Title (CCT)
- Photocopy of Tax declaration of Real Property including improvements if any
- Location plan and Vicinity Map of property to be mortgaged
- Authorization of Owner for inspection and appraisal of property
OTHERS:
- Construction and Renovation
- Building plans and specifications
- Construction cost estimate and bill of materials certified by Architect or Contractor
- Certificate of Occupancy
- Refinancing
- Statement of Account from Mortgagee Bank
- Official Receipt (OR) covering payments of monthly amortization for the last (6) months
- As built plans
- Photos of the interior and exterior of the property
- Certificate of Occupancy
- Other evidence of original cost of construction
INSURANCE REQUIREMENTS:
- Mortgage Redemption Insurance (MRI) - equal to loan amount
- Fire Insurance - equal to the appraised value of the improvement
- Contractor's All Risk Insurance - for construction loan only (to be converted into Fire Insurance upon project completion)
- Master File Policy - for condominiums only
All insurance to be endorsed to the Bank.
|
*Deposit applies to Regular Peso Current Account with Allied Bank
Member: PDIC. Maximum Deposit Insurance for each depositor P500,000
CONTACT INFORMATION:
You can also call:
Mr. Robert Aragon
Assistant Vice President
Consumer Loans Department
Email: rtaragon@alliedbank.com.ph
Tel nos. 816-3311 local 3039, 3075, 3087
Or you can visit us at:
5th Floor Consumer Loans Department
Allied Bank Center
6754 Ayala Avenue, Makati City
^Back To Top
|
|
|
