Major Loans
- Maximum loanable amount of Php500,000.00 – depending on the share capital, years of service with MMC and capacity to pay
- Maximum payment terms – five (5) years
- Business registration and feasibility study is required
- Maximum loanable amount of Php500,000.00 – depending on the share capital, years of service with MMC and capacity to pay
- Maximum payment terms – five (5) years
- Additional requirements:
For equity payment:
- Contract to sell from a developer stating the contract price
- Endorsement letter/computation sheet
For house improvement:
- Approved building plan
- Bill of materials and cost estimates
- Building permit
- Proof of ownership (photo copy of TCT/CCT)
- Maximum loanable amount of Php500,000.00 – depending on the share capital, years of service with MMC and capacity to pay
- Maximum payment terms – five (5) years
- Additional requirements:
- Quotation and Contract to Sell – for brand new car
- Contract to sell from the car dealer or car owner stating the contract price
- Deed of Sale and photocopy of OR/CR – for second hand vehicle
- Photocopy of ID of Seller
- MMC stocks certificate (original copy) supported by Deed of Trust in favor of MMCFCC
- Copy of Deed of Trust will be provided to MMC Stock Custodian