SMDC  Rent to Own for Ready for Occupancy
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Here's How Easy & Affordable our Early Occupancy Program to Avail

STEP 1: Choose a Project  ELIGIBLE FOR THE EARLY MOVE-IN PROGRAM

 

STEP 2: Submit filled-up EOP Application Form, together with the COMPLETE set of requirements:

Local Client

Overseas Clients

 

  • Completely filled-out Application Form

  • Proof of Billing on Address (copy of any utility bill)

  • Complete PDCs

  • Photocopy of 2 valid IDs

 

If Employed:

  • Certificate of Employment

  • Latest 2 successive payslip

  • Latest ITR 

 

If Self-Employed:

  • DTI Registration/Sec Papers-Articles of Incorporation

  • Latest 2 year comparative Financial Statements

  • Latest ITR

  • Latest Bank Statement or Certificate of Deposit (6 mos ADB)

 

  • Completely filled-out Application Form

  • Proof of Billing on Address (copy of any utility bill)

  • Complete PDCs

  • Photocopy of Passport and working visa

 

If Employed/Informal Employment or Retired:

  • Certificate of Employment or Letter from Employer supporting employment (OFW)

  • Latest 2 successive Payslip if applicable

  • Latest ITR if applicable

  • Retirement Funding Documents

  • Complete PDCs by means of opening a checking account in the Philippines

  • Proof of Remittance

 

If Self-Employed

  • Business Registration Overseas

  • Latest 2 year comparative Financial Statements

  • Latest Tax Declaration Overseas

  • Latest Bank Statement or Certificate of Deposit stating 6 mos. ADB

*CI (Credit Investigation) officers will give approval less than a week. 

 

STEP 3: Choose your PAYMENT OPTIONS & request from us a Sample Computation.

 

a.) 5% spot downpayment due 30 days from reservation date,

10% payable in 16 months at 0% interest,

5% spot downpayment due on the 17th month,

80% through lump sum or bank financing.

 

b.) 5% spot downpayment due 30 days from reservation date,

15% payable in 22 months at 0% interest,

80% through lump sum or bank financing.

 

c.) 10% spot downpayment due 30 days from reservation date,

5% payable in 16 months at 0% interest,

5% spot downpayment due on the 17th month,

80% through lump sum or bank financing.

 

d.) 10% spot downpayment due 30 days from reservation date,

10% payable in 22 months at 0% interest,

80% through lump sum or bank financing.

 

STEP 4: Submission of PDC's (Post Dated Checks) for spot downpayment and monthly payment & signed Contract to Sell (CTS). Upon clearance of client's reservation fee and spot downpayment, will recieve a Notice of Accepatance to client regarding scheduling of his unit acceptance.

 

NOW you are ready to Move-in!

 

*Client may move in to his unit upon completion of the standard SMDC requirements for unit acceptance and signing of a Deed of Undertaking with SMDC