All Countries
Real Estate
Certificate Of Mortgage

Certificate Of Mortgage Template for Philippines

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Certificate Of Mortgage

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Certificate Of Mortgage

"I need a Certificate of Mortgage for a residential property in Manila with a loan amount of 5 million PHP, where the mortgage term will be 15 years starting March 1, 2025, with a fixed interest rate and monthly payments."

Celebrated by
Collaborations with
Investors
Document background
The Certificate of Mortgage is a crucial legal instrument in Philippine property transactions that formalizes the creation of a mortgage lien on real property. This document is essential when property owners seek to secure financing using their real estate as collateral. The certificate must comply with Philippine civil law requirements and contains specific provisions mandated by the Property Registration Decree. A properly executed Certificate of Mortgage provides the mortgagee with enforceable rights over the mortgaged property while protecting the mortgagor's interests through clear documentation of terms and conditions. The document becomes legally effective upon registration with the Registry of Deeds and serves as official evidence of the mortgage encumbrance on the property.
Suggested Sections

1. Title and Date: Formal title 'Certificate of Mortgage' and date of execution

2. Parties: Full legal names and addresses of the Mortgagor and Mortgagee, including their civil status as required under Philippine law

3. Recitals: Background information establishing the ownership of the property and the purpose of the mortgage

4. Property Description: Detailed technical description of the mortgaged property including its location, boundaries, and title details

5. Consideration: The amount of the mortgage loan and terms of payment

6. Interest Rate: Specified interest rate and computation method in compliance with Philippine usury laws

7. Term of Mortgage: Duration of the mortgage and payment schedule

8. Rights and Obligations: Specific rights and obligations of both mortgagor and mortgagee

9. Insurance: Requirements for property insurance and designation of beneficiary

10. Default Provisions: Conditions constituting default and remedies available to the mortgagee

11. Execution: Signature blocks with acknowledgment requirements for Philippine notarization

Optional Sections

1. Guarantor Provisions: Used when there is a third-party guarantor for the mortgage

2. Spousal Consent: Required when the mortgaged property is conjugal property or when the mortgagor is married

3. Special Payment Terms: Included when there are non-standard payment arrangements or early payment options

4. Property Maintenance Covenants: Specific requirements for property maintenance and improvements

5. Assignment Provisions: Terms governing the possible assignment of the mortgage to another party

Suggested Schedules

1. Schedule A - Property Details: Complete technical description of the property including lot number, survey details, and TCT/CCT number

2. Schedule B - Payment Schedule: Detailed amortization schedule showing principal and interest payments

3. Schedule C - Property Documents: List of all property-related documents including tax declarations and certificates

4. Appendix 1 - Property Insurance Details: Specifications of required insurance coverage and terms

5. Appendix 2 - Property Photos and Plans: Recent photographs of the property and relevant architectural or lot plans

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Clauses
Property Description
Loan Amount and Terms
Interest Rate and Computation
Payment Terms
Security Interest
Insurance Requirements
Default and Remedies
Property Maintenance
Representations and Warranties
Assignment and Transfer
Rights and Obligations
Registration and Recording
Taxes and Fees
Force Majeure
Property Inspection
Insurance and Loss
Default Interest
Foreclosure Rights
Acceleration Clause
Governing Law
Dispute Resolution
Severability
Amendment
Notices
Entire Agreement
Further Assurance
Compliance with Laws
Successors and Assigns
Relevant Industries

Banking & Finance

Real Estate

Property Development

Legal Services

Insurance

Mortgage Lending

Construction

Housing Development

Relevant Teams

Legal

Real Estate

Mortgage Processing

Credit Administration

Compliance

Documentation

Property Management

Risk Assessment

Loan Operations

Customer Service

Relevant Roles

Mortgage Officer

Real Estate Lawyer

Property Manager

Bank Manager

Credit Officer

Legal Counsel

Loan Officer

Real Estate Broker

Title Examiner

Compliance Officer

Property Developer

Notary Public

Legal Documentation Specialist

Banking Operations Manager

Industries
Civil Code of the Philippines (Republic Act No. 386): Primary legislation governing property rights, contracts, and mortgage agreements in the Philippines. Particularly relevant are Book V (Property, Ownership, and its Modifications) and Articles 2085-2123 specifically dealing with mortgages.
Property Registration Decree (Presidential Decree No. 1529): Governs the registration of real property and mortgage interests in the Philippines, including requirements for proper documentation and recording of mortgages in the Registry of Deeds.
The Banking Laws of the Philippines: Regulations from Bangko Sentral ng Pilipinas (BSP) governing mortgage loans, especially when involving banking institutions, including requirements for interest rates and loan terms.
Anti-Money Laundering Act (Republic Act No. 9160): Relevant for verification of funds and ensuring the mortgage transaction complies with anti-money laundering regulations.
Local Government Code (Republic Act No. 7160): Contains provisions regarding local taxation and requirements for property transactions, including mortgage registration at the local level.
Family Code of the Philippines (Executive Order No. 209): Important when the mortgaged property is a family home or when spousal consent is required for the mortgage.
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Mortgage Closing Disclosure Form

A mandatory Philippine mortgage loan disclosure document detailing final loan terms and closing costs, compliant with BSP regulations and Truth in Lending Act requirements.

find out more

Hardship Letter For Mortgage Assistance

A formal appeal letter to Philippine lending institutions requesting mortgage payment modifications due to financial hardship, compliant with local banking regulations.

find out more

Quitclaim Deed Mortgage

A Philippine legal instrument that combines a property rights transfer through quitclaim with a mortgage agreement, governed by Philippine civil and property law.

find out more

Occupiers Deed Of Consent To Mortgage

A Philippine legal document where a property occupier formally consents to a mortgage being created over their occupied property, ensuring compliance with local property laws.

find out more

Gift Letter For Down Payment

A formal Philippine legal document declaring monetary funds as a gift for property down payment, complying with local banking and gift regulations.

find out more

Mortgage Preapproval Letter

A formal document issued by Philippine banks indicating a borrower's preliminary qualification for a specific mortgage amount and terms, subject to final approval.

find out more

Mortgage Authorization Letter

A formal authorization document used in the Philippines that grants a financial institution permission to process and establish a mortgage on a specified property, compliant with Philippine banking regulations.

find out more

Offer Letter For Mortgage

A formal mortgage loan offer document compliant with Philippine banking regulations, outlining proposed loan terms and conditions for property financing.

find out more

Mortgage Payoff Form

A Philippine-compliant document stating the exact amount and requirements needed to fully satisfy and discharge a mortgage loan.

find out more

Assignment Of Mortgage

A Philippine law-governed document transferring mortgage rights from one party to another, including all necessary provisions for legal compliance and registration.

find out more

Mortgage House Discharge Form

A legal document used in the Philippines to release a property from mortgage obligations after full loan payment, authorizing the cancellation of mortgage inscription in property records.

find out more

Discharge Of Mortgage Letter

A legal document under Philippine law that confirms full mortgage payment and authorizes the release of a property's mortgage lien.

find out more

Contract For Deed Amortization Schedule

A Philippine legal document outlining installment payment terms and schedules for property purchase under a Contract for Deed arrangement, compliant with local real estate and financial regulations.

find out more

Assignment Of Mortgage Document

A Philippine law-governed document that transfers mortgage rights and interests from one party to another, requiring proper execution and registration under local property laws.

find out more

Letter Of Explanation For Cash Deposit

A formal letter required under Philippine banking regulations to explain and document the source and purpose of significant cash deposits, ensuring compliance with anti-money laundering laws.

find out more

Payment Letter Mortgage

A Philippine law-governed document that establishes mortgage terms and payment obligations, securing a loan against real property.

find out more

Mortgage Request Letter To Bank For Release Of Property Document

A formal request letter to a Philippine bank for the release of property documents after mortgage settlement, complying with local banking and property laws.

find out more

Letter For Mortgage Loan

A formal mortgage loan offer letter used in the Philippines that outlines approved loan terms and conditions, complying with local banking regulations and BSP requirements.

find out more

Demand Letter Mortgage

A formal notice under Philippine law demanding payment of outstanding mortgage amounts, serving as a prerequisite to foreclosure proceedings.

find out more

Certificate Of Mortgage

A Philippine legal document establishing a mortgage agreement between a property owner and lender, requiring registration with the Registry of Deeds.

find out more

Bank Gift Letter

A formal document used in the Philippines to record and process monetary gifts through banks, ensuring compliance with local banking and tax regulations.

find out more

Mortgage Letter

A formal document issued by Philippine financial institutions outlining approved mortgage terms and conditions, compliant with local banking regulations.

find out more

Mortgage Deed

A Philippine law-governed security document creating a mortgage over real property to secure debt or obligations, requiring notarization and registration with the Registry of Deeds.

find out more

Mortgage Letter From Bank

A formal bank letter confirming mortgage loan approval and terms under Philippine banking regulations and BSP requirements.

find out more

Letter Of Intimation Of Mortgage

A formal notification document used in the Philippines to inform relevant parties about a property mortgage, including key details about the mortgage terms and parties involved.

find out more

Letter For Down Payment

A formal business document used in the Philippines to confirm and document an initial payment (down payment) as part of a larger transaction, governed by Philippine commercial law.

find out more

Home Loan Sanction Letter

A formal document issued by Philippine financial institutions confirming home loan approval and outlining key terms and conditions under Philippine banking regulations.

find out more

Deposit Gift Letter

A Philippine legal document that formally declares and records a monetary gift from one party to another, complying with local banking and tax regulations.

find out more

Release Of Liability Mortgage

A Philippine legal document that releases a borrower from mortgage obligations and authorizes the removal of mortgage annotations from property titles upon full loan payment.

find out more

Real Estate Mortgage Form

A Philippine law-compliant document creating a security interest in real property to secure a loan or obligation, requiring notarization and registration with the Registry of Deeds.

find out more

Promissory Note Mortgage

A Philippine law-governed document combining a promise to pay with a real estate mortgage as security, establishing loan terms and property collateral arrangements.

find out more

Mortgage Receipt

A legally-compliant Philippine document acknowledging receipt of mortgage payment from borrower to lender, serving as official proof of transaction under local banking laws.

find out more

Mortgage Loan Application Form

A standardized Philippine mortgage loan application form that complies with local banking regulations and collects essential borrower and property information for loan processing.

find out more

Mortgage Confirmation Letter

An official document issued by Philippine financial institutions confirming mortgage details and status, compliant with BSP regulations and local banking practices.

find out more

Mortgage Completion Letter

A formal document under Philippine law confirming full mortgage payment and authorizing property release from mortgage encumbrance, issued by lending institutions to borrowers.

find out more

Letter To Lender

A formal communication document addressed to a financial institution in the Philippines, used for loan-related matters and governed by Philippine banking regulations.

find out more

Lender Approval Letter

A formal document issued by Philippine financial institutions confirming loan approval and specifying terms and conditions in compliance with local banking regulations.

find out more

Job Letter For Mortgage

A formal employment verification letter used in the Philippines to support mortgage loan applications, confirming employment status and compensation details for lending institutions.

find out more

Home Loan Letter

A formal home loan approval document issued by Philippine financial institutions, outlining loan terms and conditions in compliance with local banking regulations.

find out more

Home Financing Documents Release Form

A Philippine-compliant form acknowledging the release of home financing documents from a financial institution to a borrower, governed by local banking and real estate regulations.

find out more

Contract For Deed With Existing Mortgage

A Philippine legal document facilitating property sales with continued seller title ownership and existing mortgage, governed by Philippine civil and real estate law.

find out more

Letter Of Explanation For Mortgage Loan

A formal written explanation required in Philippine mortgage applications to clarify specific aspects of a loan application for the lending institution.

find out more

Relationship To Borrower Gift Letter

A Philippine-compliant formal letter documenting a monetary gift from donor to borrower for property purchase, confirming the gift's non-repayable nature and relationship between parties.

find out more

Bailee Letter Mortgage

A Philippine law-governed document establishing a three-party arrangement where a bailee holds possession of mortgaged property while acknowledging the mortgagee's security interest.

find out more

Mortgage Loan Form

A Philippine-compliant mortgage loan agreement that establishes loan terms and property security rights under Philippine banking and real estate laws.

find out more

Housing Loan Letter

A formal document issued by Philippine financial institutions confirming housing loan approval and outlining key terms and conditions under Philippine banking regulations.

find out more

Bank Pre Approval Letter

A formal bank document issued under Philippine banking regulations that indicates preliminary loan approval subject to specified conditions.

find out more

Mortgage Lien Release

A Philippine legal document that releases a mortgage lien from a property title after full payment of the mortgage debt, governed by Philippine property law.

find out more

Reverse Mortgage Deed

A Philippine law-governed deed establishing a reverse mortgage arrangement between a financial institution and an elderly property owner, enabling home equity conversion while maintaining residence rights.

find out more

Relocation Letter For Mortgage

A formal notification to a mortgage provider regarding property relocation under Philippine banking and property laws.

find out more

Reinstatement Letter Mortgage

A formal document under Philippine law that confirms the reinstatement of a previously defaulted mortgage loan to good standing status after the borrower has remedied all past due amounts.

find out more

Mortgage Pre Approval Letter

A Philippine bank-issued document confirming preliminary mortgage loan approval with specified terms and conditions, subject to final verification under Philippine banking regulations.

find out more

Mortgage Default Letter

A formal notice under Philippine law informing a borrower of their mortgage default status and required remedial actions.

find out more

Letter To Mortgage Company

A formal written communication to a mortgage lender in the Philippines, used for loan-related requests or inquiries, compliant with Philippine banking regulations.

find out more

Mortgage Application Form

A comprehensive mortgage loan application form compliant with Philippine banking regulations and data privacy laws, used for property financing applications.

find out more

First Payment Letter Mortgage

A formal document under Philippine law that outlines the terms and conditions of the initial mortgage payment, serving as the official commencement record of the mortgage agreement.

find out more

Discharge Of Mortgage Form

A Philippine legal document that releases a property from a mortgage lien after loan satisfaction, requiring registration with the Registry of Deeds.

find out more

Mortgage Release Deed

A Philippine law-governed document that releases a property from mortgage obligations and removes the lender's claim on the property after full debt satisfaction.

find out more

Derogatory Credit Explanation Letter

A formal letter under Philippine law explaining negative credit report items, providing context and corrective actions taken.

find out more

Paid In Full Letter From Lender

A formal document under Philippine law confirming complete loan satisfaction and releasing the borrower from further payment obligations.

find out more

Letter Of Intent For Mortgage

A preliminary document used in the Philippines expressing intent to obtain a mortgage loan, outlining key terms and initiating formal mortgage negotiations.

find out more

Release Of Mortgage Document

A Philippine legal document that formally releases a property from a mortgage lien after full payment of the debt, requiring registration with the Register of Deeds.

find out more

Payoff Letter From Lender

A formal document issued under Philippine law that states the final amount and terms required to fully satisfy and close out a loan obligation.

find out more

Pre Approval Letter For Mortgage Loan

A Philippine banking document indicating preliminary approval for a specific mortgage loan amount, subject to final verification and property assessment.

find out more

Gift Letter For Mortgage

A formal Philippine legal document declaring funds given as a gift for property purchase or mortgage purposes, complying with local banking and civil law requirements.

find out more

Offer Letter Mortgage

A formal mortgage financing proposal document issued by a Philippine bank to a prospective borrower, outlining loan terms and conditions in compliance with Philippine banking regulations.

find out more

Mortgage Release Letter

A formal document under Philippine law confirming full mortgage satisfaction and authorizing the release of property liens.

find out more

Mortgage Commitment Letter

A formal commitment document issued by Philippine financial institutions confirming mortgage loan approval and specifying lending terms, in compliance with BSP regulations.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.