Finance your next home or land purchase
At VENTURE, we understand that as real estate prices continue to rise you can't afford to wait. We provide options to cover all of your residential, office, land and construction needs.
With great rates (that stay fixed), no limits on loan amounts, and approval in 2-8 weeks, look no further for your mortgage needs.
Quick Links :
Residential / Equity Mortgages
Secure your home today
Join the thousands of members who have successfully financed the purchase of their home with VENTURE and enjoy some of the best mortgage rates and perks available nationwide.
Whether its your first home or your fifth, we've got a plan that works for you.
VENTURE Perks
- Fixed interest rates
- Approval in 2 - 8 weeks
- No limit on loan amount
- Bridging finance options available
Equity Residential Mortgage
Standard
Interest Rate
Repayment Period
Financing
Collateral:
Real Estate Cash Shares
Loan Options - Equity Residential Mortgage
Loan Amount < $3,000,000
Type
Rate
Term
Financing
Regular
4.5%
Not to exceed age 60
90%
Transunion score > 700
4.5%
Not to exceed age 60
95%
Loan Amount ≥ $3,000,000
Type
Rate
Term
Financing
Regular
5.5%
Not to exceed age 60
90%
Transunion score > 700
5%
Not to exceed age 60
95%
Residential Mortgage
Standard
Interest Rate
Repayment Period
Financing
Collateral:
Real Estate Cash Shares
Loan Options - Residential Mortgage
Loan Amount < $3,000,000
Type
Rate
Term
Financing
Regular
4.5%
Not to exceed age 60
90%
Transunion score > 700
4.5%
Not to exceed age 60
95%
Loan Amount ≥ $3,000,000
Type
Rate
Term
Financing
Regular
5.5%
Not to exceed age 60
90%
Transunion score > 700
5%
Not to exceed age 60
95%
Residential Land Loan
Regular
Interest Rate
Repayment Period
Financing
Collateral:
Real Estate Cash Shares
Loan Options - Residential Land Loan
Type
Rate
Term
Financing
Regular
5.5%
Up to 15 years
90%
Transunion score > 700
5%
Up to 15 years
95%
Commercial Mortgages
Finance your business' space
At VENTURE, we are always looking for new businesses to partner with.
It is now easier than ever to secure your work space. With low interest rates, fast approvals and generous repayment terms, a VENTURE commercial mortgage is the right choice for your business.
VENTURE Perks
- Fixed interest rates
- Approval in 2 - 8 weeks
- No limit on loan amount
- Bridging finance options available
Commercial Mortgage
Land/Buidling
Interest Rate
Repayment Period
Commercial Equity Mortgage
Land/Building
Interest Rate
Repayment Period
Requirements
Below you can find both the required materials for our mortgage loans.
Please note than construction loans carry additional requirements, shown below.
If you have any more questions, call us. Our representatives are always ready to help.
MORTGAGE
REQUIREMENTS
Documents:
Two (2) forms of valid ID
Utility Bill not older than 3 months
Payslip – not older than 1 month & Job Letter- not older than 3 months. Job letter must be addressed to VENTURE Credit Union
Title Deed or Lease
Copies of Lease Receipts
Updated Land and Building Taxes
Updated WASA Clearance certificate
Insurance (Life & Property – assigned to Credit Union)
Search, Valuation & Surveyors Report (Done by Credit Union)
10% Down-payment to shares
Certificate of Assessment (for Home purchase)
Certificate of Completion (properties less than 3 years old)
Evidence of BIR Number
CONSTRUCTION
REQUIREMENTS
Documents:
All required documents for regular mortgage
Approved Building Plan
Cadastral Sheet
Projected Valuation Report (For Home Construction)
Builder’s Detailed Estimate
Building Contract