Checklist of Pre-Processing Requirements

1. Auto Loan Application Form

  • Duly accomplished Application Form
  • 2 valid Identification Cards (e.g. Philsys, SSS, Driver’s License, Passport, etc.)
  • If married, both spouses to sign on the application form
  • If with co-borrower or co-mortgagor, separate application form is needed

 

2. Income Documents

a. If locally employed

  • Latest Certificate of Employment indicating salary, position and length of service with authorization to verify
  • Latest 1 month pay slip or 3 months bank statement of payroll account with authorization letter to verify

i. Commission Based

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

ii. Foreigners

  • Valid Visa or Alien Certificate of Registration (ACR)

 

b. Pensioner

  •  Certificate of Pension, with authorization letter to verify
  • Bank statements of pension account (3 months), with authorization letter to verify

 

c. OFWs

  • Latest Contract, with authorization letter to verify
  • Proof of bank remittance, with authorization letter to verify
  • Details of crewing manager for seafarers

i. If on vacation

  • Other sources of income
  • Return ticket
  • Renewal of Contract, with authorization letter to verify
  • Certificate of Hireability for seafarers

ii. If on board:

  • Completely and correctly filled out Affidavit of Marital Consent with SPA (sent using the vessel's official email)

 

d. Self-Employed

  • DTI Registration or Mayor's Permit

  • Latest ITR with 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

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

  • Individual ITR
  • Payroll account where claimed salary is credited with authorization letter to verify

ii. Additional for rental properties:

  • Copy of TCTs/CCTs
  • Copy of valid and notarized lease contracts

iii. 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

 

e. Practicing Professions with own Business

  • Working account with authorization letter to verify
  • Latest ITR with AFS
  • List of major trade references with complete details

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