Chattel Mortgage (CM) – Collateral Cash Loan for Four – wheeled type Vehicle Owners.
How to apply?
REQUIREMENTS:
[ ] Original LTO Certificate of Registration (CR)
[ ] Original LTO Official Receipt (OR)
[ ] Stencil Form (LTO – 2 copies)
[ ] Pictures of the Vehicle
[ ] 1 front
[ ] 1 side
[ ] 2 Valid ID Cards (Applicant & Co-maker)
[ ] 1 2×2 ID Picture (Applicant & Co-maker)
[ ] TIN (Applicant)
[ ] Franchise of Unit – If for Hire
[ ] Post Dated Checks (if 40,000.00 up)
[ ] OD Insurance ( if 100,000.00 up)
If Applicable
[ ] Special Power of Attorney
[ ] Insurance Policy (Own Damage)
[ ] Clearance Certificate/Macro Etching
[ ] LTO Confirmation
[ ] 6 months Payslip (Applicant)
[ ] Certificate of Income and Compensation (Co-maker)
[ ] Financial Statement (last 2 years)
[ ] Marriage Contract
[ ] Legal Separation Documents