A collateral loan is a secured loan that allows the borrower to pledge any asset to seek a loan. The loan amount depends on the value of the collateral. Use your asset as a security for a loan to enjoy lower Interest Rates and a higher chance of approval. Private vehicles and commercial or residential properties are the most commonly used security for collateral loans.
Individual Application Requirements
Eligibility Criteria
- Filipino Citizen
- 18 - 60 years old
- Residing in Metro Manila or neighboring Provinces (with proof of address)
- Employed (at least 6 months), Self-employed, Businessman
Documentary Requirements
Valid ID (at least 1 with address)
- Driver’s License
- GSIS
- Passport
- PRC
- SSS
- TIN
- UMID
- Voter’s ID
Secondary IDs
- Barangay Certificate/Clearance
- Company ID
- Credit/Savings Card
- PAGIBIG/HDMF
- PhilHealth Card
- Postal ID
Proof of Income
- Remittance/Salary Slip (Latest 2 months)
- Certificate of Employment
- Bank Account Statement
- ITR
- FS (Financial Statement)
Collateral Documents
- Original OR / CR – for Auto refinancing
- Original TCT / CCT – for Real Estate Mortgage
Other requirements might be needed if our Credit Investigation result is deemed necessary.
HOW CAN LOAN STAR LENDING GROUP HELPS YOU?
Call us or complete a contact form to reach our representative today and learn more!