CORPORATION/ PARTNERSHIP

Basic Requirements

  • Bio-data with 2”X 2” picture (both husband and wife)
  • Valid ID’s with photo [ any two (2) of the following for both husband and wife ] — SSS/ GSIS (credit card type), PRC/ IBP, Senior Citizen, passport, Driver’s License w/ Official Receipt
  • Community Tax Certificate (both husband and wife)
  • Current Account Bank Statements (4 months latest)
  • Savings Account Passbooks showing account name, account number, balances (4 months latest)
  • Other Assets (certified True Copy of TCT and OR/CR of vehicles)
  • Marriage Contract

Additional Requirements for Corporation/ Partnership

  • Copy of SEC registration Certificate
  • Copy of current Articles of Incorporation/ Partnership
  • Copy of current By-Laws
  • Minutes of Board of Directors Meeting authorizing company to borrow from MCC and to mortgage company property (describe specific property) and designating company representative authorized to act/ sign in behalf of the company.  Minutes must be signed by directors representing at least 2/3 majority of total shares of the corporation.  (Sample available from MCC)
  • Notarized Secretary’s Certificate regarding the above taken in the Board of Directors Meeting (Sample available from MCC)
  • Notarized Certification by Corporate Secretary as to breakdown of stockholders, corresponding number of shares of each stockholder, and total number of shares outstanding (Sample available from MCC)
  • Mayor’s Permit and Municipal Business License
  • Latest ITR (2 years)