Laws and Regulations Database of the Central Bank of the Republic of China(Taiwan)

Subject:
This is in response to your letter reporting cases of practical difficulties in 
obtaining from borrowers the required supporting document issued by villiage or 
district head for proof of financial predicament, upon their application for an 
extension of loan term to thrity (30) years under the Preferential Housing Loan 
Program.

Explanations:
1.This letter is in response to your letter Ref. No. Zong-Ge-Jheng-Fang-Zi-
　No.0970008178B dated March 14, 2008 and is based on a letter from the 
　Construction and Planning Agency, Ministry of the Interior, Ref. No. Ying-Shu-
　Zhai-Zi-No.0970016331 dated April 2,2008.  A copy of the latter is enclosed 
　herewith.
2.The current requirements for  borrowers applying for an extension of amortization 
　period to thrity (30) years under the Preferential Housing Loan Program include 
　the submission of a supporting document issued by respective villiage or district 
　head that sufficient  to prove his financial predicament, and a statement of 
　income and expenses. However, if it is difficult for the borrowers to obtain such 
　documents, other documents issued by the government sufficiently proving their 
　financial difficulties (e.g. certificate of the low-income, or certificate of 
　subsidy for the low and middle income) may be acceptable.