Housing Loan application list of requirements

1. Locally Employed

• Latest COE
• Latest 3 months pay slip
• Latest ITR
• Authorization letter to verify employment

a. Other Income Docs

• Bank statements of payroll account, with authorization letter to verify

b. Commission-Based

• Certificate of employment stating commissions received prior year/months/period and Commissions Receivable, if any
• Bank statement where commission is credited, with authorization letter to verify

c. Foreigners

•  Filipino spouse to act as primary borrower

2. Pensioner

• Certificate of Pension, with authorization letter to verify
• Bank statements of pension account, with authorization letter to verify
• SSN

3. OFWs

• Latest Contract, with authorization letter to verify
• Proof of bank remittance, with authorization letter to verify
• Details of crewing manager for seafarers
• Attorney-in-Fact / loan administrator (preferably a next of kin); full name, contact details, mailing address and valid government IDs

4. Self-Employed

• Valid DTI Registration or Mayor’s Permit
• Latest ITR with audited financial statements
• Working account (6mos) with authorization letter to verify
• Trade references with complete contact information (business name, complete address, contact person, business phone number) * Major suppliers (at least 3) * Major clients (at least 3)
• Authorization letter to conduct trade verification

a. Additional for part owners of a Partnership/Corporation:

• Individual ITR
• Payroll account where claimed salaries are credit, with authorization letter to verify

b. Additional for rental properties:

• Copy of TCTs/CCTs
• Copy of valid and notarized lease contracts Additional for transport business:
• Copy of LTFRB franchise decision of all units
• Copy of OR and CR of all units
• Authorization letter to conduct franchise verification with LTFRB
• Copy of valid ID of franchise owner

5. Practicing Professionals

• Working account with authorization letter to verify
• Latest ITR with audited financial statements
• Clinic/office address with complete contact details (as applicable)

Collateral Documents

• Photocopy of Owner's Duplicate Copy of the Condominium Certificate of Title or Transfer Certificate of Title (as applicable)
• Photocopy of the updated Tax Declaration, Tax Clearance, Tax Receipt
• Signed Authorization Letter for Tax Mapping and Inspection of Property (for properties in secondary market)
• Photocopy of notarized Contract-to-Sell or Offer-to-Sell from registered owner of property (for private sellers)
• Photocopy of notarized Contract-to-Sell / Letter of Endorsement / Official Computation Sheet from developers (for accredited developer tie-up properties)
• Appraisal Fee (for un-accredited projects)
• Non-refundable appraisal fee of Php 5,000 (inclusive of title verification)
• Photocopy of latest Statement of Account with existing mortgagor (for refinancing)
• Complete set of Building Plan, Bill of Materials, Scope of Work/Cost Estimates (for construction loan)