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Requirements

PRE-APPROVAL REQUIREMENTS for BANK FINANCING:

  • Birth Cert/Marriage Contract (if married)
  • 2 Valid ID’s (Government-issued), both spouses if married
  • Community Tax Certificate, both spouses if married
  • Employer’s contact person & his/her contact number and email address
  • 1×1 6 pieces photo I.D.
  • TIN

For Locally Employed

  • Latest Income Tax and/or BIR Form 2316
  • Certificate of Employment with Salary
  • Latest Full Month Payslip

For OFW/OCW

  • Latest Crew Contract (for seaman)
  • Employment Contract duly authenticated by Philippine Consulate (for nurse and contract workers)
  • Six(6) months Latest payslips (updated)
  • Proof of remittance or allotment slips for the last six(6) months (updated)
  • ITR

For Self-Employed/Professionals

  • Income Tax Return for the last two(2) years
  • Audited Financial Statements for the past two(2) years
  • In-House Financial Statements  for the last two(2) years
  • Certificate of Business Registration of w/ DTI
  • Statement of Account or photocopy of passbook for the last six(6) months
  • List of Major Suppliers and Customers with contract information (at least 3)
  • Business Background (if applicable)
  • Clinic permit (for Doctors)
  • Clinic Addresses and Schedule
  • List of Accredited Hospitals

For Pensioner

  • True copies of pension remittance slips and/or notices &/or passbook/bank statement of account where pension is Directly Deposited

If Corporation

Any of the following:

  • Copy of SEC Registration/Articles of Incorporation/ By-Laws (for corporate business)
  • Copy of SEC Registration/Articles of Partnership (for partnership)
  • Income Tax Return for the last two(2) years
  • Audited Financial Statements  for the past two(2) years
  • Statement of Account or photocopy of passbook for the last six(6) months
  • List of Major Suppliers and Customers with contract information (at least 3)
  • Company Profile (if applicable)
  • List of Officers

If Income is from Rental

  • List of tenants and rental amount
  • Lease Contracts and Title Official Receipts showing remittance of tenants

For Collateral Information

  • Certified True Copy of TCT/CCT
  • Lot Plan & Vicinity Map Certified by a Geodetic Engineer
  • Appraisal fee (CDO Php 3,500 ; Out of town Php 4,500)
  • Owner’s Collateral Appraisal Authorization
  • Tax Declaration – Lot and/or Building

For Home Improvement/House Construction

  • Approved Building Plan or Floor Plan
  • Bill of Materials
  • Building Specification Certified by an Architect/Civil Engineer
  • For Refinancing/Loan Take-Out
  • Statement of Account from other banks/institution showing loan outstanding balance
  • Official Receipts for the last six(6) months
  • Contract to Sell

Others

  • SPA – duly notarized by the Philippine Consul where the applicant is currently assigned (using BDO Format)