OFFICE OF THE PRESIDENT • REPUBLIC OF THE PHILIPPINES
QUICKNEWS
     
  Rural Bank of Rosario
Head Office
RBR Building
Poblacion, National Highway
Rosario, La Union 2506
Tel/Fax No.: (072) 687-0032
(072) 687-0239  (072) 687-0326
Email: rbrho@ruralbankofrosario.com
Gen. Manager: Virginia D. Basco
Contact Person
Mr. Roger Simsiman
09175697011
     

Background

RB Rosario was incorporated and founded by Engr. Jesus G. Tabora in 1968.

The Bank started its operations with one branch, which now serves as its Head Office. From its humble beginnings, RB Rosario now has six (6) branches spread out in the Northern Luzon region.

RB Rosario is in the business of extending rural credit, concentrating mainly on agricultural and real estate loans.

 

Features/Requirements for Housing Loan

Purpose

  • Purchase of townhouse, condominium unit, house & lot
  • Construction/Renovation/Completion of Residential House

Security

             The property to be financed together with its improvements,
             if any

Collateral Valuation

             70% of the acquisition cost of the real estate property to be
             financed

Term

             Minimum of 15 years

Loan Requirements

  1. Owner’s Duplicate Copy of Title/Tax Declaration of the property to be financed
  2. Real Estate Tax Receipt/Clearance for the current year
  3. Duly notarized Letter of Guarantee from the Vendor/Seller for the issuance of new documents under the name of the buyer/borrower
  4. Duly notarized Deed of Conditional Sale
  5. Mortgage Redemption Insurance (MRI)/Credit Life Insurance (CLI) coverage for the full amount of the loan to be endorsed in favor of the Rural Bank of Rosario (L.U.), Inc
  6. Fire Insurance and Earthquake Insurance Coverage on improvements, if any in favor of Rural Bank of Rosario (L.U.), Inc. with loan loss clause in favor of the bank
  7. Pictures of the property to be financed
  8. Residence Certificate or any valid ID of borrower, co-borrower and co-makers (current year)
  9. 2” x 2” ID pictures (borrower/co-borrowers)
  10. Latest Financial Statement / Annual Income Tax Return

Branches

EXTENSION OFFICE
New Public Market, Subusub
Rosario, La Union 2506
Tel/Fax No.: (072) 687-0073
Email: rbrexo@yahoo.com

STO. TOMAS BRANCH
RBR Building, National Highway
Damortis, Sto. Tomas
La Union 2507
Tel/Fax No.: (072) 712-1497
Email: rbrdam@yahoo.com
Branch Head:  Shirley S. Basadre

SAN FABIAN BRANCH
RBR Building, Rizal Street
San Fabian, Pangasinan 2433
Tel/Fax No.: (075) 653-4019
(075) 511-2063
Email: rbrsnfbn@yahoo.com
Branch Head: Amelia S. Dela Cruz

BINALONAN BRANCH
PATROM Building
Mc Kinley St. cor. Mendoza Street
Binalonan, Pangasinan 2436
Tel/Fax No.: (075) 562-5324
Email: rbrbin@yahoo.com
Branch Head: Emmalyn G. Braga

POZORRUBIO BRANCH
RBR Building, Caballero Street
Pozorrubio, Pangasinan 2435
Tel/Fax No.: (075) 566-3650
Email: rbrpoz@yahoo.com
Branch Head: Joel G. Sanchez

SISON BRANCH
Parungao Building, Brgy. Paldit,
Sison, Pangasinan 2434
Tel/Fax No.: (075) 600-3233
(075) 567-2369
Email: rbrsis@yahoo.com
Branch Head: Elvira E. Barroga

 

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