Guide on Metrobank Home Loan Requirements for Application
METROBANK HOME LOAN REQUIREMENTS 2025 – For locally-employed applicants, you can check here the documents required for application.
There is a different kind of comfort in living in a cozy home that you can call your own. Whether it is a bungalow house, an apartment, a condominium unit, or any other type of house, living under your own roof can give you the freedom you’ve always wanted. Do you want to take the first step towards your dream house?
Truth be told that a real estate property purchase requires a huge amount of money. Meanwhile, nowadays, there are trusted entities that you may turn to if you want a pocket-friendly purchase of a property. One of them is Metrobank which offers a Home Loan that can finance the purchase of your target lot.
Metrobank is one of the trusted banks in the Philippines. It offers several types of loans that cater both personal and business purposes. Aside from the Metrobank Car Loan offer, it has the Home Loan that can provide the cash for your lot purchase so you can proceed in constructing your dream house soon.
The Home Loan offer of Metrobank is open for both salaried and non-salaried loan applicants. In this article, we will focus on the Metrobank Home Loan requirements and qualifications that the bank has set for the locally-employed applicants.
If you are locally-employed, here are the eligibility requirements that you should meet to qualify for the loan application:
- a Filipino citizen
- at least 21 years old at the time of the loan application
- with a gross monthly income of at least PHP 40,000
- on a permanent status with current employer for the last two (2) years
How about the Metrobank Home Loan requirements that you need to prepare and submit to the bank? The following documents are required from locally-employed loan applicants:
- duly-accomplished and signed Metrobank Home Loan Application Form
- one valid government-issued ID (preferably passport)
- Source of Repayment (any one of the following)
- Original Certificate of Employment with compensation (COEC), position or job title, and date employed or tenure
- Latest 3 months electronic payslips
- Latest ITR or latest BIR Form 2316
- Marriage contract, if applicable
With regards to the presentation of a valid ID which is part of the Metrobank Home Loan requirements for application, here is a guide on the IDs that you may choose from:
- Philippine Identification Card (PhilID)
- Passport (including those issued by foreign governments)
- Driver’s License
- Professional Regulation Commission ID
- Postal Identity Card
- Voter’s ID
- GSIS e-Card
- Social Security System card or Unified Multi-Purpose ID
- Senior Citizen Card
- Overseas Filipino Worker ID or e-card
- Seaman’s Book
- Alien Certificate of Registration or Immigrant Certificate of Registration (for foreign individuals)
- Government Office and Government Owned and Controlled Corporations ID (e.g. BSP, SEC, Insurance Commission)
- Persons with Disabilities (PWD) ID issued by the National Council on Disability Affairs
- Integrated Bar of the Philippines ID
- Photo-bearing School ID duly signed by the principal or head of school for Filipino students who are not of voting age
- Company ID (if signature bearing) issued by Covered Person registered with or supervised/regulated by BSP, SEC or Insurance Commission
To apply for the loan offer, visit a branch of the bank nearest to you and submit your Metrobank Home Loan requirements to process your loan application. You might also be interested with the Metrobank Cash Loan offer.