Common Questions

What are the requirements in applying housing loan

Checklist of Pre-Processing Requirements

A. Housing Loan Application Form

• Duly accomplished Application Form

• 2 valid Identitifcation Cards (for list of acceptable IDs, click here)

• If married, both spouses to sign on the application form

• If with co-borrower or co-mortgagor, separate application form is needed

B. Income Documents

If locally employed (working within the Philippines)

• Certificate of Employment (COE) indicating salary, position and length of service

• Latest Income Tax Return (ITR) for the last 2 years

If Expat Pinoy (Overseas Filipino Worker)

• Contract / Certificate of Employment (COE) authenticated by Philippine Consulate

• Crew Contract and Exit Pass validated by POEA (seaman)

• Proof of monthly remittances

• Notarized or authenticated Special Power of Attorney (BPI FSB Format)

If Self-Employed

• Articles of Incorporation and By-Laws with SEC Registration Certificate

• Audited Financial Statements for the last 2 years

• DTI Registration

• Income Tax Return w/ Statement of Assets and Liabilities (SAL) for the last 2 yrs

• List of Trade References (at least 3 names with telephone nos. of major suppliers/customers)

• Bank Statements for the past 6 months

If Practicing Doctor

• Clinic address/es and schedule

If from Commission

• Vouchers or Bank Statements (last 6 months reflecting commission income)

If from Rental of Properties

• Rental/Lease Contract (indicating name of tenants and rental amounts with complete addresses of properties being rented)

• Photocopy of Title (TCT/CCT)

C. Collateral Documents

• Clear copy of Owner’s Duplicate Copy of TCT/CCT

• Lot Plan with Location/Vicinity Map certified by licensed Geodetic Engineer

• Photocopy of Tax declaration / Tax receipts / Tax clearance

• Endorsement Letter / computation sheet / Contract to Sell from developer stating the contract price (for accredited developer/project)