<p>[vc_row][vc_column][vc_custom_heading text="The St. Vincent Building and Loan Association offers loans to meet the needs of all our members at very competitive rates.<br />
The categories of loans include: Consumer; Personal and Commercial Mortgage Loans." font_container="tag:p|font_size:20|text_align:left" google_fonts="font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:400%20regular%3A400%3Anormal"][vc_custom_heading text="<span class=``pe-7s-calculator``></span>COMMERCIAL AND MORTGAGE LOANS" font_container="tag:h2|font_size:34|text_align:left" google_fonts="font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:500%20bold%20regular%3A500%3Anormal" css=".vc_custom_1571885356258{background-color: #fffac1 !important;}"][vc_custom_heading text="We provide financing for Purchase of Land; Construction of Homes; Purchase of developed Property; Renovations; or simply to Consolidate Debts." font_container="tag:div|font_size:20|text_align:left" google_fonts="font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:400%20regular%3A400%3Anormal"][vc_custom_heading text="`{`su_expand more_text=``Show more`` less_text=``Show less`` height=``100`` hide_less=``no`` text_color=``#333333`` link_color=``#0088FF`` link_style=``default`` link_align=``left`` more_icon=```` less_icon=```` class=`````}`This text block can be expanded`{`/su_expand`}`" font_container="tag:div|font_size:20|text_align:left" google_fonts="font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:400%20regular%3A400%3Anormal"][vc_row_inner][vc_column_inner][vc_toggle title="Read More..." style="simple" color="white" size="sm" custom_font_container="tag:h2|text_align:center|color:%233768b4" custom_google_fonts="font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:400%20regular%3A400%3Anormal" use_custom_heading="true" custom_el_class="tm-btn-wrapper"]</p>
<p class="font_8">General Requirements:</p>
<p class="font_8">The following are the requirements for Commercial and Mortgage Loans:</p>
<ol class="font_8">
<li>
<p class="font_8">Proof of Identification (Two (2) pieces of valid ID: Driver’s License; Passport and National ID)</p>
</li>
<li>
<p class="font_8">Proof of Address (Utility Bill, Driver’s License, Bank Statement)</p>
</li>
<li>
<p class="font_8">Proof of Income evidenced by Salary Slip and Job Letter (documents to be not more than 3 months old for new customers and not more than 1 year old for existing customers). If Self-employed, 3 years’ Financial Statements; Personal Income Tax Returns for the last 3 years. In the case of Rental Income – copies of Lease Arrangements.</p>
</li>
<li>
<p class="font_8">Approved Plans of Building (Residential and Commercial Construction). Approval must not be more than 2 years old.</p>
</li>
<li>
<p class="font_8">Survey Plan of site</p>
</li>
<li>
<p class="font_8">Copy of Title Deed</p>
</li>
<li>
<p class="font_8">Sale Agreement/Offer Letter if applicable</p>
</li>
<li>
<p class="font_8">Appraisal of Land and Structures by the Association’s Approved Appraiser</p>
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<li>
<p class="font_8">Estimated cost of construction (Residential and Commercial) if applicable</p>
</li>
<li>
<p class="font_8">Legal Fees and customary charges with source clearly identified</p>
</li>
<li>
<p class="font_8">Builder’s Contract (Residential and Commercial Construction)</p>
</li>
<li>
<p class="font_8">Printout of existing debts/obligations and Invoices (Debt Consolidation)</p>
</li>
<li>
<p class="font_8">Statutory compliance documents (Tax Certificates/Tax Returns)</p>
</li>
<li>
<p class="font_8">Business Plan and 3 prior years’ Financial Statements (Commercial Loans)</p>
</li>
<li>
<p class="font_8">Credit Report or Credit Transactions History if available</p>
</li>
<li>
<p class="font_8">Holding of Permanent Shares in the Association, a minimum of 25 (value $250)</p>
</li>
<li>
<p class="font_8">For Corporate accounts, the following are prerequisites:</p>
</li>
</ol>
<ul class="font_8">
<li>
<p class="font_8">Certificate of Incorporation</p>
</li>
<li>
<p class="font_8">Certificate of Registration</p>
</li>
<li>
<p class="font_8">Bye Laws or Memorandum and Articles of association</p>
</li>
<li>
<p class="font_8">List of Officers and Directors</p>
</li>
<li>
<p class="font_8">Certificate of Status; and</p>
</li>
<li>
<p class="font_8">Completion of the Association’s mandates</p>
</li>
</ul>
<p>[/vc_toggle][/vc_column_inner][/vc_row_inner][vc_custom_heading text="<span class=``pe-7s-credit``></span>CONSUMER LOANS" font_container="tag:h2|font_size:34|text_align:left" google_fonts="font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:500%20bold%20regular%3A500%3Anormal" css=".vc_custom_1571886818073{background-color: #fffac1 !important;}"][vc_custom_heading text="Our loans can be accessed for a variety of purpose which include:<br />
Medical, Education, Vehicle purchase, Debt Consolidation and Personal Expenses." font_container="tag:div|font_size:20|text_align:left" google_fonts="font_family:Roboto%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C500%2C500italic%2C700%2C700italic%2C900%2C900italic|font_style:400%20regular%3A400%3Anormal"][thememove_button align="center" text="MORE"][vc_row_inner][vc_column_inner][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row][vc_row][vc_column][vc_empty_space height="40"][/vc_column][/vc_row]</p>
