BANK FINANCING REQUIREMENTS
This is a reference for the bank requirements should you choose to avail of bank financing to pay for your real estate property purchase.
For Employed Applicants:
◙ Latest ITR
◙ Original Certificate of Employment
◙ Bank Statements (6 months)
◙ Credit Card Statement (last 3 months)
◙ Photocopy of ID
◙ Any proof of billing receipt
◙ Statement of Account/ Contract to Sell/ Offer to Sell (if applicable)
For OFW's
◙ Contract of Employment/Certificate of Employment
◙ Latest ITR
For Foreign Nationals
◙ Contract of Employment
◙ Alien Certificate of registration
For House Construction:
◙ Bill of materials signed by Contractor/Architect
◙ Building Plans
For Self Employed applicants
◙ Certificate of Business registration (DTI, Mayor’s permit, etc.)
◙ Audited Financial Statement for the past 3 years
◙ ITR
◙ Bank Statements (6 mos.)
Collateral Documents:
◙ Appraisal fee of P2,800 - 5,000 dependent on Bank/Financing company
◙ Authorization to Inspect the property
◙ Photocopy of TCT/CCT
◙ Lot plan and vicinity map
◙ Master Deed of Restrictions for Condominium Units
► PHILIPPINE REAL ESTATE GENERAL INFO
► Q & A REGARDING PHILIPPINE REAL ESTATE
► PRIMER IN OWNING A PROPERTY IN THE PHILIPPINES