List of Requirements for Bank Financing Loan Application

BANK FINANCING – LOCALLY EMPLOYED (Both Buyer and Spouse if married)

  1. 3 pcs. 1×1 ID picture
  2. Two (2) Government-issued Valid ID
    i.e. Passport, Driver’s License, PRC License, TIN card, SSS, Unified ID, Seaman’s Book, Postal ID, Voter’s ID

  3. Marriage Contract (if married) / Birth Certificate (if single)
  4. Tax Identification Number (TIN)
  5. Proof of Billing or Barangay Certificate
  6. Cedula
  7. Certificate of Employment with Compensation
  8. Income Tax Return (ITR)
  9. Payslips (recent 3 months)
  10. Post Dated Checks (for the monthly payment)

BANK FINANCING – OFW / IMMIGRANT (Buyer, Spouse and Attorney-in-fact)

  1. 3 pcs. 1×1 ID picture
  2. Two (2) Government-issued Valid ID
    i.e. Passport, Driver’s License, PRC License, TIN card, SSS, Unified ID, Seaman’s Book, Postal ID, Voter’s ID
  3. Marriage Contract (if married) / Birth Certificate (if single)
  4. Tax Identification Number (TIN)
  5. Passport (front page and all pages with stamps)
  6. Certificate of Employment with Compensation / Job Contract
  7. Payslips (recent 3 months)
  8. Post Dated Checks (for the monthly payment)
  9. Special Power of Attorney (Consularized if signed abroad / Notarized if signed in the Phils.)
  10. Proof of Billing or Barangay Certificate (Attorney-in-fact only)
  11. Cedula (Attorney-in-fact only)

To qualify for Bank Financing Loan, the Principal Buyer and Spouse (if married) must not have:
1. Bad credit record: Unpaid loans and credit card.
2. On-going legal cases
3. Income requirements: Combined income of principal and spouse must meet the required income requirement of the house.