Requirements for Housing Loan for OFW or Locally Employed

Requirements for Housing Loan (OFW / Locally Employed)

For Bank financing requirements for housing loan (OFW) married or single buyer's

1. 3pcs. 1×1 ID Picture (Buyer & Spouse & Atty-in-Fact)
    labeled w/ name and Unit ID at the back.
2. 2 kind of Valid ID’s with 3 specimen signature (Photocopy only - Buyer & Spouse)
    SSS, GSIS, Driver’s License, Voter’s, PRC, Passport
    Postal ID’s are allowed for AIF only (or unemployed spouse)
    Passport – validity date should not be expired (Buyer)
    Must have date of arrival & departure
3. Residence Certificate for the Current Year (Cedula - Spouse & Atty-in-Fact)
    Must be always updated every year.
4. Certificate of No Marriage (CENOMAR - Buyer)
    If Buyer is single.
5. Birth Certificate (If single Buyer)
6. Marriage Contract (if married Buyer)
7. Tax Identification Number (TIN) (Buyer)
8. Latest Proof of Billing (Buyer)
   Must always update Valid for 6months only
   Should bear the same address as you have indicated in your Buyer’s Information Sheet       and should be dated/issued at least within the month of submission date.
    If billing is not under buyer’s name, attach certification and valid ID (photocopy) of owner.
9. Certificate of Employment (Buyer)
      Should be most recent one.
10. Payslip (Buyer)
      Should be most recent one.
11. Postdated Checks (Buyer)
     15 pcs. for Downpayment (Pre-Selling)
     8 pcs. for Downpayment (Ready for Occupancy)
12. ADDITIONAL REQUIREMENT IF BUYER IS MARRIED TO A FOREIGNER:
     Waver of Rights (Should be notarized in current country)



For Bank financing requirements for housing loan locally employed for married or single buyer's

1. 3pcs. 1×1 ID Picture
    labeled w/ name and Unit ID at the back
2. 2 kinds of Valid ID’s with 3 specimen signature (Photocopy only Buyer & Spouse)
    SSS, GSIS, Driver’s License, Voter’s, PRC
    Passport – validity date should not be expired
    Postal ID’s are allowed for AIF only (or unemployed spouse)
3. Residence Certificate for the Current Year (Cedula Buyer and Spouse)
    Must always update every year.
4. Certificate of No Marriage (CENOMAR - Buyer)
    If Buyer is single.
5. Birth Certificate
    If Buyer is married.
6. Marriage Contract
    If Buyer is married.
7. Tax Identification Number (TIN) (Buyer and Spouse)
8. Latest Proof of Billing
    Must always update. Valid for 6 months only.
    Should bear the same address as you have indicated in your Buyer’s Information Sheet
    and should be dated/issued at least within the month of submission date.
    If billing is not under buyer’s name, attach certification and valid ID (photocopy) of owner.
9. Income Tax Return (ITR - Buyer)
     Should be most recent one.
10. Certificate of Employment
     Should be most recent one.
11. Payslip
      Should be most recent one.
12. Postdated Checks
     15 pcs. for Downpayment (Pre-Selling)
     8 pcs. for Downpayment (Ready for Occupancy RFO)