HOUSING LOAN REQUIREMENTS you need to get that Dream Home

Eyeing for that dream home? While looking for your dream home, or still waiting for your funds. It is best to check first and complete the needed requirements *But you can also do these after paying your reservation fee*

Here are the usual requirements needed for housing loan particularly HDMF or the Pag-Ibig. Bank requirements were likewise almost the same. Documents needed varies per developer.

Housing loan requirements for locally employed:

  • 4pcs 1×1
  • Latest Certificate of Employment with Compensation
  • Income tax return 2017
  • 3 months payslip
  • employee statement of accumulated value from pag ibig
  • 2 valid government id with specimen signature of principal buyer
  • 2 valid government id with specimen signature of spouse if married
  • Birth certificate and cenomar/Marriage Contract
  • special power of attorney if applicable
  • proof of billing
  • barangay clearance
  • house sketch
Housing loan requirements
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Housing Loan requirements for Self- employed:

  • 4pcs 1×1
  • Business permit
  • income tax return 2017
  • bir receipt paid for the itr 2017
  • audited financial statements
  • picture of establishment
  • employee statement of accumulated value from pag-ibig
  • 2 valid government id with specimen signature of principal buyer
  • 2 valid government id with specimen signature of spouse if married
  • Special Power of Attorney
  • Birth certificate and cenomar/Marriage Contract
  • Proof of billing
  • Barangay clearance
  • house sketch

Housing loan requirements
Housing loan requirements for Overseas Filipino Workers:

  • 4pcs 1×1
  • Latest Employment Contract
  • Proof of remittances or three months payslip
  • Employee statement of accumulated value from pag-ibig (E-SAV)
  • 2 valid government id with specimen signature of principal buyer
  • 2 valid government id with specimen signature of spouse if married
  • Special Power of Attorney
  • Birth certificate and cenomar/Marriage Contract
  • Proof of billing
  • Barangay clearance
  • house sketch
  • Consularized Special Power of Attorney
  • Departure and arrival entry in ph
  • 2 valid government id of representative

Even paying via deferred cash requires minimal documentary requirements. So if you do not qualify for Pag-Ibig or bank loans, you can still get a housing loan if the developer have inhouse financing options. This requires just the basic documents but it also imposes a bigger interest rate.

Interested in choosing your next dream home? Visit Affordable homes at Bahay ni Bunting or http://www.bahaynibunting.wordpress.com

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