Philippine Finance Banks Loans Mortgages

• Philippines Real Estate Mortgage Loans

Typical Philippine real estate mortgage loan annual interest rates are anywhere from 7% to 9% with the Philippine banks currently, and 10% to 15% plus with the Philippine real estate developers and their projects. Check with the Philippine Central Bank for more indications of lowering or raising of Philippine interest rates on how they affect the Philippine bank loan rates.

• Philippines Mortgage Loan Terms

Typical financing term period on mortgage loans is 1 to 10 years. When applying for a loan from a Philippine lender, provide copies of your asset, debt, income statements and two years tax returns.

• Philippines Escrow Services

Philippine banks are the common entities to setup an escrow for transacting Philippine real estate transactions. Contact the Philippine banks listed below and compare their costs.

• Philippine Real Estate Sales Transaction & Closing Costs

Buyers transaction or closing costs include the following. Documentary Tax - P5.00 per P1,000 of contract price, or zonal value or fair market value, which ever is higher. Transfer Tax - P5.00 per P1,000 of contract price, or zonal value or fair market value, which ever is higher. Registration Fee - P1.50 per P1,000 of contract price, or zonal value or fair market value, which ever is higher. The seller is responsible for transaction closing cost of capital gains tax.

Form A Corporation, LLC or DBA
Start a business. Everything you need to start, maintain and protect your business. When starting out or forming a secondary company these filings should be considered during the initial start up. When forming a Corporation or LLC, consider what it will take to maintain your business year round. C-Corp , S-Corp , Non-Profit and Professional. Formal management structure. Ability to raise capital by issuing stock. Potential tax deductible fringe benefits. LLC's - Limited Liability Company. Simple management structure. Less paperwork; no meeting requirements. No double taxation on salaries.

• Philippine International Banks

Citibank Philippines

HSBC Hong Kong Shanghai Bank

Standard Charter Philippines

• Philippine Domestic Banks

Banco de Oro

BPI Bank of the Philippine Islands

Metrobank

Unionbank

• Philippine Economy Investments & Business

Business Mirror

Makati Business Club

Philippine Business

Philippine Daily Inquirer

Philippine Stock Exchange

Rich Dad Pinoy - Income Opportunity Business Building Seminars

• Global Investment Market Resources

• Rich Dad Robert Kiyosaki Financial Intelligence Programs

• Rich Dad's Cashflow 101 & 202 Board Games
Rich Dad Cashflow 101 & 202 are investment educational board games that teach accounting, finance, investing, and at the same time and makes learning about managing your time, energy, money fun and exciting. A real life investing game that teaches advanced success skills of business building, real estate investing, technical trading, speculating, and investing in the stock bond option forex and commodities markets. CashFlow For Kids Board Game Too.

• Rich Dad's Roads to Riches
6 Steps to Becoming a Successful Real Estate Investor CD/DVD
Will Bankers lend you money for Mutual Funds? Will your Insurance agent give you insurance for your 401k and Mutual Funds? NO, but they will for real estate! Roads to Riches is a comprehensive, step-by-step real estate investing guide that will get you on your way to becoming a successful real estate investor too.

• How to Increase the Income from Your Real Estate Investments
Are your properties returning you as much money as possible? Is there more you could do to increase the value of your property? Robert Kiyosaki and Ken McElroy with Kim Kiyosaki and Phillip Lechter reveal their hands-on trade secrets to successfully managing any type of real estate property.

• "Think It Learn It Do It"
You Can Choose to be Rich-CD/DVD
If you are a financial tard like I was, you should invest in the program. I did, and am glad I did! It covers the beginning basics of financial awareness, with exercises, examples and tons of info that will kick you in the seat and motivate you to get going!" - JR, Rich Dad Member.