APPLICATION REQUIREMENTS-REAL ESTATE DEVELOPERS
REAL ESTATE DEVELOPERS
Terms and Conditions
- Guarantee Facility Application Letter indicating: (Original Copy)
- The requested amount of Guarantee Facility; and
- The type of Guarantee coverage (e.g. Bond, Standard, Cashflow)
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To be provided by the applicant-entity
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- Company Profile
- Company Background (Original Copy)
- Accomplished Business Information Sheet(Original Copy with Annexes)
- SEC Registration & Articles of Incorporation & By-Laws (Photocopy)
- General Information Sheet (Photocopy)
- Secretary’s Certificate evidencing Board’s approval for a Guarantee Facility application (Original Copy)
- Organizational Structure (Photocopy)
- *Services offered (Original Copy)
* May also be indicated in the application letter or may be cited as part of the Annual Report, if any.
- Value of prospective enrollments (Original Copy)
- List of creditors, contractors, suppliers and relationship-banks indicating the name of the
contact person and telephone number (Original Copy)
- List of completed and on-going projects including location, type of development, selling price and period of development
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To be provided by the applicant-entity
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- Financial Documents
- One (1) copy of audited Financial Statements for the past two (2) years (Photocopy)
- Composition/Classification of Loans and Receivables with amount/value for the past year (if not stated in the notes to FS)
- Gross Non-Performing Loans (NPL) for Housing Loans for the last two (2) years (Original Copy)
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To be provided by the applicant-entity
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- Lending Parameters for Housing Loans (Original Copy)
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To be provided by the applicant-entity
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