Guide on RCBC Regular Home Loan Requirements 2025 for Application
RCBC REGULAR HOME LOAN REQUIREMENTS 2025 – Here are the qualifications and the documents required in applying for the offer of Rizal Commercial Banking Corporation.
Are you excited to acquire your own real estate property soon? Aside from owning a car, having a house you can call your own is one of the dreams that many people share. Nowadays, you don’t have to wait for years or decades as there are several entities that are ready to provide a financial assistance in making that dream come true.
In the Philippines, one of the reputable banks that you may turn to for a home loan offer is the Rizal Commercial Banking Corporation. More popularly called RCBC, the bank actually has several offers — different kinds of bank accounts, credit cards, loans, and investment products among others.
Aside from the RCBC Personal Loan, another offer of Rizal Commercial Banking Corporation is the RCBC Regular Home Loan. It is the home loan offer fit for the purpose of acquiring a house and lot or a condominium unit. The loan offer is open for both salaried and non-salaried individuals.
While the home loan offer is open for both employed and self-employed individuals, there are varying RCBC Regular Home Loan requirements for application. If you are employed, here are the qualifications that you should meet in applying for the loan offer:
- Filipino Citizen or Dual Citizen
- If foreigner, must be married to a Filipino citizen
- at least 21 years old upon the loan application
- 65 years old and below upon the loan maturity
- must have a mobile number and a residence or office landline
- with a minimum employment tenure of 1 year
- with a minimum gross monthly income of Php 40,000
- If OFW, must have worked abroad for at least 2 consecutive years
Like in other loan offers, there are documents that you need to prepare and submit in applying for the loan offer of the Rizal Commercial Banking Corporation. In the case of employed individuals, here are the documents that you need to prepare and submit to apply for the RCBC loan offer:
- duly-accomplished RCBC Home Loan Application Form
- copy of TCT and Tax Declaration (Land & Improvement)
- Bill of Materials (Construction)
- Certificate of Employment (COE) or latest ITR
- 2 valid government-issued IDs
- TIN
- Utility bill
If you are in need of cash for other purposes apart from the purchase of a real estate property, you may also turn to the RCBC Cash Loan offer.