Bank Loan Requirements
BASIC REQUIREMENTS (FOR BORROWER AND CO-BORROWER)
- (4pcs) 1x1 ID pictures with name at the back (photo must be taken 6 months)
- Clear Copy of Two (2) Valid Government Issued ID’s with 3 specimen signatures
- Clear Copy of Two (2) Valid ID’s of Spouse (if married) with 3 specimen signatures
- Clear Copy of PSA Birth Certificate
- PSA Certificate of No Marriage (CENOMAR) w/ Official receipt (if single)
- Clear Copy of PSA Marriage Contract (if married), Death Certificate (if Widowed), Separation Papers and Liquidation Documents (if Legally Separated)
- Clear Copy of Updated TIN ID
- Clear Copy of Updated TIN Verification Slip
- (Original) 4 Copies Signed Special Power of Attorney (Davao Light Application Format)
- (Original) 4 Copies Signed Authorization (Water District Application Format)
- (Original) Signed and Completely filled-out HOUSING LOAN APPLICATION FORM (FOR BORROWER AND CO-BORROWER)
- Authorization Letter to verify Bank Accounts/Conduct CI (FOR BORROWER AND CO-BORROWER)
INCOME DOCUMENTS (FOR BORROWER AND CO-BORROWER) (OF BOTH SPOUSES)
Locally Employed :
- (Original) Latest Certificate of Employment w/ Compensation. Indicating salary, position, and length of service
- Latest 3 (Three) Full Months Payslip (BOTH SPOUSES)
- Income Tax Return for the last 2 years (Form 2316). Fully signed at the bottom by the Employer, Employee and BIR personnel
- Latest 6 months Bank Statement / Proof of Savings / Passbook
- Latest 6 months Remittance Receipt * If not working within Davao/Mindanao (cannot personally sign documents)
- (Original) 4 Copies Notarized Special Power of Attorney - IN-HOUSE FORMAT
- (Original) 4 Copies Notarized Special Power of Attorney - BANK FORMAT
Self Employed :
- Certified Latest Income Tax Return * for the last 2 years"
- Certified Audited Financial Statements * for the last 2 (two) years in-house
- Trade References *List of customers and suppliers with contact information preferably land line at least 3 each
- Corporate Documents: * SEC , Articles of Incorporation/Partnership and By-Laws
- Valid DTI Certificate of Registration
- Business / Mayors Permit
- Company Profile / Business Background
- List of 5 Major Suppliers and Customers * with email, cellphone and telephone numbers
- Latest Professional Tax Receipt (IF PRACTICING PROFESSIONAL)
- Latest 6 Months Bank Statements / Passbook (active cash flow - depository bank)
- Latest 6 Months Bank Statements (from other banks)
- Summary of Sales Records / Sales Logbook * If not working within Davao/Mindanao (cannot personally sign documents)
- (Original) 4 Copies Notarized Special Power of Attorney – IN-HOUSE FORMAT
- (Original) 4 Copies Notarized Special Power of Attorney – BANK FORMAT
Overseas Filipino Worker :
-
(Original) Latest Certificate of Employment
* indicating salary, position, and length of service
* with email address of employer for verification -
(Original) Latest Contract of Employment
* indicating salary, position, and length of service
* verifiable thru email or validated by the Philippine Consulate - Latest 3 Months Payslip
- Latest 6 Months Bank Statements (remittances are credited)
- Latest 6 Months Proof of Remittances
- POEA Contract (if applicable)
- Latest Income Tax Return (if applicable) * with Stamp received by BIR
- Working Visa / Greencard / Immigrant Visa / ICard
-
(ADDITIONAL IF SEA BASED)
* Certificate of Sea Service
* Valid Seaman's Book Copy
* History of Employment / Last Crew Contact - (Original) 1 Copy Consularized Special Power of Attorney - IN-HOUSE FORMAT
-
(Original) 4 Copies Consularized Special Power of Attorney - BANK FORMAT
* with Electronic Ticket as proof of presence in the Phils. during the time of notarization of SPA.
NOTE :
If documents are in foreign language/s, ENGLISH TRANSLATION IS REQUIRED
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