Accredited Banks
For your convenience, we are extending our services for bank home loan applications.
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Bank Home Loan Application Requirements:
Eligibility Requirements
Basic Documents
If locally employed
For Refinancing or Loan Take-out
Note: Details here are meant to give you a general idea of the bank home loan requirements. Every accredited bank has a specific list of requirements.
Eligibility Requirements
- Filipino citizen or foreigner (see Visa requirements)
- At least 21 years old but not exceeding 65 years old upon loan maturity
- Minimum gross family income of P50,000.00/month.
- Stable source of income from employment or business
- If employed, at least 2 years with current company
- If self-employed, at least 2 consecutive successful and profitable years of operation.
Basic Documents
- Signed home loan application form
- Clear copy of 1 valid ID matching application details
- Marriage Contract, if applicable
- For foreigners, photocopy of Alien Certificate of Registration (ACR) showing Visa status as permanent immigrant or Alient Employment Permit (AEP) or Visa ID
If locally employed
- Latest Income Tax Return (ITR) or W2, and
- Latest 3 months payslips or Certificate of Employment with salary breakdown
- Latest 3 months proof of remittance, or
- Latest 3 months payslip, or
- Certificate of Employment or Employment Contract duly authenticated by Philippine Consulate Office, or
- For seamen, latest Crew Contract and employment history or Crew Contract and Exit Pass from POEA
- Business Registration Papers (Certificate of Registration from DTI or SEC, Articles of Partnership or Articles of Incorporation, whichever is applicable)
- Latest Audited Financial Statements for the last 2 years with lastest ITR
- Bank Statements (latest consecutive 3 months)
- Trade References: List of Suppliers and Customers (at least 3 each) or List of Affliated Hospitals/Clinics (for doctors)
- Lease Contracts and copy of title (for income derived from rental)
- Quota or Non-Quota Immigrant Visa:
- Alien spouse of a Filipino citizen (Sec 13A Visa)- Natural-born Filipinos married to an Alien (Sec 13D Visa)
- Returning Resident (Section 13E Visa)
- Natural-born Filipinos naturalized in foreign country (Sec 13G Visa) - Photocopy of Special Retiree's Resident Visa (SRRV) or Quota/Preference Immigrant Visa
- Permanent Resident Status and working Visa granted by Subic Bay Metropolitan Authority (SBMA)
- Working Visa issued to Embassy Officials
- Photocopy of TCT / CCT
- Lot Plan with Vicinity Map certified by a Geodetic Engineer
- Master Deed of Declaration of Restrictions (for condominiums)
For Refinancing or Loan Take-out
- Statement of account and official receipts for the last 3 months
Note: Details here are meant to give you a general idea of the bank home loan requirements. Every accredited bank has a specific list of requirements.