UnionBank Home Loan Requirements For OFW — A GUIDE

List of UnionBank Home Loan Requirements for OFW Applicants

UNIONBANK HOME LOAN REQUIREMENTS OFW – For overseas Filipino workers, here is a guide on the documents required by the bank in applying for the offer.

Banks are among the entities in the Philippines that have helped countless Filipinos make big purchases without having to shelve out huge amounts of money. One of these banks in the country is the UnionBank.

The UnionBank is in the service of the Filipino people for several decades already. It has several loan offers including the UnionBank Cash Loan or Personal Loan, the Auto Loan, and the Home Loan.

Let us talk about the Home Loan offer of UnionBank Philippines. It is ready to finance the residential property purchase of qualified applicants may it be a vacant residential lot, a house and lot, a townhouse, or a condominium.

The UnionBank Home Loan offer is open for both salaried and non-salaried individuals. It is also open for applications for Filipinos working abroad.

There is a unique set of UnionBank Home Loan requirements for application set for overseas Filipino workers (OFWs) who want to apply for the loan offer. Here are the documents required by the bank:

• duly-accomplished and signed UnionBank Home Loan Application form
• proof of billing address
• Marriage Contract (if married) / Certificate of No Marriage (if single)
• valid Government Issued Identification Card for nominated Attorney in Fact (AIF) (if applicable)
• valid Alien Certificate of Registration (ACR) with permanent residency status and official receipt (if applicable)
• valid Government Issued Identification Card
  • any primary ID:
    • Passport
    • PhilID / ePhilID / Printed PhilID
    • Driver’s License
    • PRC ID
    • NBI Clearance
    • SSS ID / Unified Multipurpose ID (UMID)
    • GSIS e-card / GSIS ID (membership ID)
    • ID issued by the National Council on Disability Affairs
    • Senior Citizen Card (Digitized)
    • Overseas Workers Welfare Administration ID (Digitized)
    • Philhealth Insurance Card ng Bayan (Digitized)
    • Voter’s ID (Digitized)
    • OFW ID
    • Postal ID (Digitized)
    • Private company ID
    • IBP ID
    • School ID
  • or any two (2) of the secondary IDs:
    • Government office and GOCC ID
    • Seaman’s Book
    • Company ID issued by private entities or institutions registered with or supervised or regulated either by the BSP, SEC or IC
    • Barangay ID / Certification
    • Alien Certification of Registration / Immigrant Certification of Registration
• proof of income:
  • Latest Certificate of Employment (COE) with compensation
  • Latest Contract of Employment
  • Latest Photocopy of Proof of Entry and Exit Points Stamps
  • Latest Photocopy of Seaman’s Book (if applicable)
  • Notarized or Apostilled Special Power of Attorney designating documents for and in behalf of the applicant

In applying for the offer, the UnionBank Home Loan requirements also include the collateral documents of the property to-be-purchased under the offer. Here are the documents required by the bank: