Guide on Robinsons Bank Home Loan Collateral Requirements for Equity Loan
ROBINSONS BANK HOME LOAN – Here is a guide on the collateral requirements needed in applying for this Robinsons Bank loan offer.
Nowadays, it is possible to own a house and start living in your own home even without having to pay for it in full. Several banks and lending companies out there offer assistance.
You may apply for a home loan that can assist you in acquiring your target residential property. Most home loan offers are open for the purchase of a vacant lot, a house and lot, a condominium unit, and a townhouse.
Furthermore, most housing loan offers also fund house construction or renovation. There are also some offers that are open for equity like the offer of Robinsons Bank.
The Robinsons Bank’s offer serves a lot of purposes. You may apply for it for any of the following:
- Purchase of the following:
- House & Lot
- Vacant Lot
- Condominium Unit
- Townhouse
- House Construction / Renovation
- Refinancing / Loan Take-out
- Home Equity Loan
Do you want to know how much you can borrow under this loan offer? You may visit – Robinsons Bank Home Loan – How Much You Can Borrow Under This Loan.
If you are planning to apply for a collateral loan under the Robinsons Bank Home Loan offer, here are the requirements that you must prepare:
For Accredited Developers:
- Latest Statement of Account
- Reservation Agreement or Contract to Sell
For Non-Accredited Developers:
- Photocopy of the Title
- Tax Declaration on land and improvement
- Lot Plan Vicinity Map certified by a Geodetic Engineer
- Appraisal Fee
For Construction Loan:
- Building Plans, Specification and Floor Plans
- Bill of Materials
For Refinancing:
- Latest statement of account for mortgagee bank/institution
- Latest history of payments
Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.
READ ALSO: ROBINSONS BANK LOANS – Full List of Robinsons Bank Personal Loan Offers