HOUSING LOAN REQUIREMENTS PHILIPPINES:

YOUR GUIDE: HOUSING LOAN REQUIREMENTS PHILIPPINES

 
House and Lot are good investments. To those who are planning to acquire house and lot here in the Philippines, please be guided with the list of the typical Housing Loan Requirements that you might need to provide.

BASIC HOUSING LOAN REQUIREMENTS IN THE PHILIPPINES

The Basic housing loan requirements that you need to prepare are:
*Valid IDs
*Birth Certificate
*Marriage Contract if you are married
*Proof of billing
*Photo (1 x1)
*TIN Number
However, there are other documents that you are required to submit or provide on top of the basic requirements. The required additional documents may vary according to conditions.

ADDITIONAL HOUSING LOAN REQUIREMENTS PHILIPPINES FOR LOCALLY EMPLOYED

If you are locally employed, in most cases, you may need to provide the following;
*Original or Notarized Certificate of Employment
*Latest Payslip
*ITR or Income Tax Return.

ADDITIONAL HOUSING LOAN REQUIREMENTS PHILIPPINES FOR OFWs

For OFWs (Overseas Filipino Worker)
*Contract of Employment
*Passport copy
*Visa copy
*3 months Proof of Remittance or 6 months bank Statement
*SPA or Special Power of Attorney.
(SPA should be consularized if it is signed abroad, notarized if signed here in the Philippines.) * Seaman’s Book is required for Seamen or seafarers.

ADDITIONAL HOUSING LOAN REQUIREMENTS PHILIPPINES FOR SELF EMPLOYED INDIVIDUALS

*SEC/DTI Registration
*ITR/BIR Payments
*Business Permits
*6 months Bank Statement.

If your income is not enough to meet the required salary you may submit an affidavit of support or a Co- Maker can be applied. If you are married to a foreigner you must submit an Affidavit or Waver/SPA . If Separated, you need to present your Legal Separation documents with court finality.

Fianancing Schemes available are: In-house Financing, Bank Financing and Pag Ibig Financing.
Please check my article about your Guide in Buying House and Lot in the Philippines.

Please feel free to post your comments or questions.
Thank you very much! Good Luck!

HOUSING LOAN REQUIREMENTS PHILIPPINES:

HOUSING LOAN REQUIREMENTS PHILIPPINES:

HOUSING LOAN REQUIREMENTS PHILIPPINES:

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