Requirements
Bank Financing Guidelines (MBTC, starting Nov 10, 2011)
General Requirements
Sample Requirements
Bank Financing Guidelines (MBTC, starting Nov 10, 2011)
- Now, applying for a housing loan is easy and simple.
- As long as you’re working, you’re qualified. We are accredited with METROBANK AND TRUST COMPANY (MBTC).
- Developer will process your bank loan. Just submit required documents within 60 days from Date of Reservation.
General Requirements
- Duly Filled-up Bank Form
- 3 pcs. ID picture (husband/wife/SPA)
- Certificate of Employment with Compensation
- Marriage Contract if Married, Birth Certificate if Single
- Photocopy of two (2) Valid IDs (Husband/Wife/SPA)
- Tax Account No. (TIN)
- Proof of Billing here in the Philippines (Meralco, Manila Water, PLDT, Globe, etc.)
Sample Requirements
Duly Filled-up Bank Form
Proof of Billing
Certificate of Employment
Tax Account No. (TIN)
Photocopy of valid ID
Marriage Contract (if applicable)
BANK FINANCING – LOCALLY EMPLOYED – (Single or Married)
ADDITIONAL REQUIREMENT IF BUYER IS MARRIED TO A FOREIGNER:
BANK DOCUMENTS REQUIRED FOR FILL-UP AND SIGNATURE OF BUYER or ATTY-IN-FACT
If notarized, attached photocopy of Passport with date of arrival and departure
Note:
INHOUSE FINANCING – LOCALLY EMPLOYED – (Single or Married)
ADDITIONAL REQUIREMENT IF BUYER IS MARRIED TO A FOREIGNER:
INHOUSE FINANCING – OFW – (Single or Married)
- 1×1 ID Picture (for Buyer)labeled w/ name and Unit ID at the back
- Photocopy of 2 Valid ID’s with 3 specimen signature (for 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) - Residence Certificate for the Current Year (Cedula) (for Buyer & Spouse)Must be always update every year
- Certificate of No Marriage (CENOMAR) (for Buyer)If Buyer is single
- Birth Certificate (If single) (for Buyer) 6. Marriage Contract (if married) (for Buyer)
- Tax Identification Number (TIN) (for Buyer & Spouse) 8. Latest Proof of Billing (for Buyer)
- Postdated Checks (for Buyer)
- Must always update. Valid for 6mos.only
- Should bear the same address as you have indicated in your
- Buyer’s Information Sheet (BIS) 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.
- Income Tax Return (ITR) (for Buyer)Should be most recent one
- Postdated Checks (for Buyer)
- 15 pcs. for Downpayment
- 9 pcs. for Amortization
- 1×1 ID Picture (for Buyer, Spouse & Atty-in-Fact)labeled w/ name and Unit ID at the back.
- Photocopy of 2 Valid ID’s with 3 specimen signature (for 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 (for Buyer)
must have date of arrival & departure - Residence Certificate for the Current Year (Cedula) (for Spouse & Atty-in-Fact)Must be always update every year
- Certificate of No Marriage (CENOMAR) (for Buyer)If Buyer is single
- Birth Certificate (If single) (for Buyer)
- Marriage Contract (if married) (for Buyer)
- Tax Identification Number (TIN) (for Buyer)
- Latest Proof of Billing (for Buyer)
- Must always update. Valid for 6mos.only
- Should bear the same address as you have indicated in your
- Buyer’s Information Sheet (BIS) 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.
- Postdated Checks (for Buyer)
- 15 pcs. for Downpayment
- 9 pcs. for Amortization
ADDITIONAL REQUIREMENT IF BUYER IS MARRIED TO A FOREIGNER:
- Waver of Rights (Should be notarized in current country)
- Marital Consent Form (METROBANK Account Only)
BANK DOCUMENTS REQUIRED FOR FILL-UP AND SIGNATURE OF BUYER or ATTY-IN-FACT
- Buyer’s Information Sheet (BIS)
- Reservation Agreement (RA)
- Counselling Form
- Contract to Sell (CTS)
- Home Improvement Contract (HIC) – if applilcable
- Deed of Absolute Sale (DOAS)
- Deed of Reconveyance (DOR)
- Credit Investigation Form (CI form with sketchsketch should have landmarks and must be signed
- Bank Housing Loan Application 10. Insurances Forms – must only be sign by the Buyer
- Atty-in-Fact information Sheet
- Profriends’ Special Power of Attorney (SPA) form
- Bank SPA form – consularized
If notarized, attached photocopy of Passport with date of arrival and departure
Note:
- No need to Consularized if Buyer is in Philipines,
- He/she may sign all SPA Forms here.
- Must attached photocopy of Passport with date of arrival and departure.
INHOUSE FINANCING – LOCALLY EMPLOYED – (Single or Married)
- 1×1 ID Picture (for Buyer)labeled w/ name and Unit ID at the back
- Photocopy of 2 Valid ID’s with 3 specimen signature (for 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)
- Residence Certificate for the Current Year (Cedula) (for Buyer & Spouse)
Must be always update every year - Certificate of No Marriage (CENOMAR) (for Buyer)
If Buyer is single - Birth Certificate (If single) (for Buyer)
- Marriage Contract (if married) (for Buyer)
- Tax Identification Number (TIN) (for Buyer & Spouse)
- Latest Proof of Billing (for Buyer)
- Must always update. Valid for 6mos.only
- Should bear the same address as you have indicated in your Buyer’s Information Sheet (BIS) 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.
- Income Tax Return (ITR) (for Buyer)Should be most recent one
- Postdated Checks (for Buyer)
- 24 pcs. for Downpayment
- 36 pcs. for Amortization
- 9 pcs. Real Property Tax
- 1 pc. Guarantee check
- 70 pcs. Total Checks to Submit
ADDITIONAL REQUIREMENT IF BUYER IS MARRIED TO A FOREIGNER:
- Waver of Rights (Should be notarized in current country)
- Marital Consent Form
INHOUSE FINANCING – OFW – (Single or Married)
- 1×1 ID Picture (for Buyer, Spouse & Atty-in-Fact)labeled w/ name and Unit ID at the back.
- Photocopy of 2 Valid ID’s with 3 specimen signature (for 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 (for Buyer)must have date of arrival & departure
- Residence Certificate for the Current Year (Cedula) (for Spouse & Atty-in-Fact)Must be always update every year
- Certificate of No Marriage (CENOMAR) (for Buyer)If Buyer is single
- Birth Certificate (If single) (for Buyer)
- Marriage Contract (if married) (for Buyer)
- Tax Identification Number (TIN) (for Buyer)
- Latest Proof of Billing (for Buyer)
- Must always update. Valid for 6mos.only
- Should bear the same address as you have indicated in your Buyer’s Information Sheet (BIS) 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.
- Postdated Checks (for Buyer)
- 24 pcs. for Downpayment
- 36 pcs. for Amortization
- 9 pcs. Real Property Tax
- 1 pc. Guarantee check
- 70 pcs. Total Checks to Submit
- Waver of Rights (Should be notarized in current country)
- Marital Consent Form
- Buyer’s Information Sheet (BIS)
- Reservation Agreement (RA)
- Counselling Form
- Contract to Sell (CTS)
- Home Improvement Contract (HIC) – if applilcable 8. Credit Investigation Form (CI form with sketchsketch should have landmarks and must be signed
- Bank Housing Loan Application
- Insurances Forms – must only be sign by the Buyer
- Atty-in-Fact information Sheet –
- Profriends’ Special Power of Attorney (SPA) formNot Consularized