Fast, Flexible Financing That Fits Your Needs
Collateral Loans
CAR/TRUCK/MULTICAB LOAN (Sanla OR/CR)
QUALIFICATIONS
· Models Accepted:
- Cars – 2010 up
- Trucks – 2000 up
- Multicab – 2015 up
· Loan is Payable in 12 to 36mos.
· OR/CR must be updated.
· Car must be fully paid & not under Financing
· must have documentary proof of income or capacity to pay.
REQUIREMENTS:
· 2 Valid ID
· OR/CR
· Proof of Income or capacity to pay
· Latest Electric or Water Bill
· If married: submit also 2 IDs of spouse & Marriage Cert.
CAR/TRUCK/MULTICAB PURCHASE FINANCING
QUALIFICATIONS:
• 20 to 50% DP to the Dealer/Seller.
• The remaining balance to be Financed by us.
• Terms: 3 months to 48 months
REQUIREMENTS:
• 2 Valid IDs
• Latest Electric Bill or Water Bill
• Photocopy of OR/CR
• Proof of Income:
- Business Permit
- Latest 3 Consecutive Months Bank Statement
• Price Quotation from Dealer/Seller
REAL ESTATE MORTGAGE LOAN
QUALIFICATIONS:
· Interest: 0.8% - 0.9% per month
· Payable: 12 - 60months
· Processing time: 2 weeks
REQUIREMENTS:
· 2 valid IDs.
· Proof of documented income or capacity to pay.
· Electric or Water Bill.
· Transfer Certificate of Title
· Tax Declaration
· Real estate tax receipt and tax clearance
· Vicinity Map
Note:
1. Title must be under the Loan Applicants name.
2. Real Estate Tax payment must be updated.
3. Loan Applicant must have the financial capability to pay for the monthly amortization and can afford to pay for the cost of Property Appraisal.
Non-Collateral Loans
OFW LOAN
QUALIFICATIONS:
· Must be 21 -59 years old
· Must be a Filipino Citizen
· With basic salary of at least P30,000
· Loan Approval: 100% to 250% of basic salary
· Terms:
· Up to 24 months (co-terminus with contract)
· Up to 24 months (J1 and H1B Holders)
REQUIREMENTS:
· Completely filled out application form
· 2 valid government-issued IDs
· Proof of billing (electric bill or water bill)
· Valid Employment Contract
· Overseas employment certificate (OEC)
· Passport
· VISA
· Plane Ticket
· Co-Borrower
- Spouse or immediate relative
- 2 valid government-issued IDs
- Proof of billing (electric bill or water bill)
OFW REMITTANCE LOAN
QUALIFICATIONS:
· Must be 21 -59 years old
· Must be a Filipino Citizen
· With basic salary of at least P30,000
· Loan Approval: 100% to 250% of basic salary
· Terms:
· Up to 24 months (co-terminus with contract)
· Up to 24 months (J1 and H1B Holders)
REQUIREMENTS:
· Completely filled out application form
· 2 valid government-issued IDs
· Proof of billing (electric bill or water bill)
· Valid Employment Contract
· Overseas employment certificate (OEC)
· Passport
· VISA
· Latest 3 consecutive months remittance.
· Authorization Letter
· Co-Borrower
- Spouse or immediate relative
- 2 valid government-issued IDs
- Proof of billing (electric bill or water bill)
SEAMANS LOAN
QUALIFICATIONS
· Must be 21 -59 years old
· Must be a Filipino Citizen
· With basic salary of at least P30K
· Loan Approval: 100% to 250% of basic salary plus guaranteed overtime
· Terms: Up to 12 months (co-terminus with contract)
REQUIREMENTS:
· 2 valid IDs
· Proof of billing (electric bill or water bill)
· Valid Employment Contract
· Passport
· Seaman’s book
· Seafarer registration certificate (SRC) or e-registration
· Embarkation history or sea service
· Allottee:
- Spouse or immediate relative
- 2 valid government-issued IDs
- Proof of billing (electric bill or water bill)
SEAMAN REMITTANCE LOAN
QUALIFICATIONS
· Must be 21 -59 years old
· Must be a Filipino Citizen
· With basic salary of at least P30K
· Loan Approval: 100% to 250% of basic salary plus guaranteed overtime
· Terms: Up to 12 months (co-terminus with contract)
REQUIREMENTS:
· 2 valid IDs
· Proof of billing (electric bill or water bill)
· Valid Employment Contract
· Passport
· Seaman’s book
· Seafarer registration certificate (SRC) or e-registration
· Embarkation history or sea service
· Allotment certificate or latest 3 months proof of allotment
· Authorization letter
· Allottee:
- Spouse or immediate relative
- 2 valid government-issued IDs
- Proof of billing (electric bill or water bill)
Frequently Ask Questions
To apply for a loan with Morefund Financial Solutions, simply head to our website and complete the online application form. Providing accurate details helps speed up your approval.
