Guide on Security Bank Home Loan Requirements 2025 for Application
SECURITY BANK HOME LOAN REQUIREMENTS 2025 – If you are a locally-employed individual who wish to apply for the offer, here are the documents you must prepare and submit to the bank for the loan application.
Having your own home can bring a lot of comfort and advantage just like having your own car does in a different aspect. Are you excited to take the first step towards achieving your goal of living under your own roof? There are reputable entities that you can turn to for help.
Banks are undeniably among the entities that you may turn to if you do not want to shelve out all your savings for a residential property purchase. In the Philippines, one of the trusted home loan providers is the Security Bank.
The Security Bank is operating in the Philippines for several decades now since 1951 — serving excellent finance products to countless Filipinos in and out of the country. It got varieties of bank accounts, loans, credit cards, and many other investment products.
For the financing of a real-estate property purchase, you may turn to the Security Bank Home Loan offer. It is open for both employed and self-employed individuals and can assist in several purposes.
You may apply for the Security Bank Home Loan offer to finance the purchase of a real-estate property, a house construction, a home renovation, or a home loan take-out. You may also apply for the loan offer to obtain an access to cash using the value of your house.
Who are qualified to apply for the loan offer? The bank has set varying qualifying criteria and documentary requirements. If you are locally-employed and you wish to apply for the loan offer, you need to meet the following qualifications to be eligible to apply for the loan offer:
- at least 21 years old upon the loan application
- not more than 65 years old upon loan maturity
- earning a combined monthly income of PHP50,000
- on a regular/permanent work status
- employed for at least one year in the company
In the case of locally-employed individuals, here are the documents that you need to prepare and submit to the bank for the loan application:
- duly-accomplished and signed Security Bank Home Loan Application Form
- clear copy of one (1) valid ID (photo-bearing government issued) of borrower/spouse/co-borrower/ signatories of the loan
- Accepted Primary IDs:
- Passport
- Philippine Identification Card (PhilID/ePhilID)
- UMID
- Driver’s License
- Voter’s ID
- Postal ID (PVC Plastic Card)
- GSIS e-Card
- PRC ID
- Person with Disability Identification Card
- School ID
- Senior Citizen Card
- SSS Card
- Integrated Bar of the Philippines Membership ID
- Maritime Industry Authority (MARINA) ID
- Alien Certificate of Registration Identity Card (ACR I-Card)
- Accepted Secondary IDs:
- Barangay certification
- City health card/Health certificate card
- Company ID
- DSWD certification
- GOCC ID (e.g. AFP ID, HDMF ID)
- NBI clearance
- OFW ID
- OWWA ID
- Pag-IBIG Loyalty Card
- PhilHealth Insurance Card ng Bayan (Digitized/Paper-based)
- Police clearance
- Postal ID (Paper-based card)
- Seaman’s book
- Solo parent ID
- Tax Identification Number (TIN)
- Accepted Primary IDs:
- Mortgage Redemption Insurance (MRI) Application Form
- Proof of Billing/IDs with address
- PSA copy of CENOMAR if single; PSA copy of Marriage Certificate if married; PSA Copy of MC with nullity of Marriage and PSA CENOMAR if annulled/divorced; Marriage Certificate with annotation of finality of legal separation if separated with spouse; copy of Death Certificate of spouse and PSA CENOMAR if widowed
- Special Power of Attorney (SPA)
- Authorization Letter Template for Property Collateral Verification and Tax Mapping
- proof of income:
- Latest Certificate of employment with compensation
- details
- Latest Income Tax Return
- Latest three (3) months bank payslips
- Latest three (3) months bank statements
The Security Bank Home Loan requirements should also include the collateral requirements or the documents pertaining to the property to be financed. For the purpose of a real-estate property acquisition and other loan purposes, you need to prepare the following:
- copy of collateral title (TCT/CTC)
- copy of tax declaration on land and/or improvement
- appraisal fee paid to SBC: OR Number
- tax map verification with one valid ID of the registered owner
Security Bank has set additional requirements in applying for the Home Loan offer for other loan purposes. Here’s a guide:
House Construction or Renovation
- Bill of materials and estimates of construction and labor cost
- Floor and building plan and building specification duly signed by the civil engineer/architect
Acquisition from Accredited
- Contract to sell or reservation agreement
Loan Take-Out / Home Refinancing
- proof of amortization for the last three (3) months
- Statement of account from the
- mortgagee bank
Prepare your documents and visit a branch of the bank nearest to you and submit your documents. Wait for an update from the bank. You might also like to know about the Security Bank Auto Loan offer.