Guide on AUB Home Loan Requirements for Application Process
AUB HOME LOAN REQUIREMENTS – Here are the documents required by the Asia United Bank in applying for the Home Loan offer.
Are you looking for a bank that can finance your residential property purchase? In the Philippines, one of the banks that you may turn to is the Asia United Bank or also popularly called the AUB. It is one of the huge banks in the country.
It is different to be living in your own house. You and your family might be longing to be under a roof you can call your own soon and you do not have to wait for years to achieve the goal. With AUB, you may apply for its Home Loan offer that can turn your dream into reality.
Under the Asia United Bank’s loan offer, the maximum loan term is up to 20 years. Thus, there is really an option for light monthly installments. You can have the payment under an Auto Debit Arrangement or ADA to prevent incurring charges due to missed payments.
With regards to the AUB Home Loan requirements that you must submit for application, it depends whether you are locally-employed or self-employed. Here are the documents required from locally-employed individuals who want to apply for the loan offer:
- duly-accomplished and signed Asia United Bank Home Loan Application Form
- photocopy of two (2) valid IDs each from the principal borrower and co-borrower
- photocopy of Marriage Contract or CENOMAR, as applicable
- copy of collateral title (TCT /CCT)
- Statement of Account, Reservation Agreement/ Contract to Sell
- photocopy of the lot plan / vicinity map / subdivision plan
- photocopy of updated Tax Declaration, Tax Receipts and Tax Clearance
- proof of income:
- photocopy of Certificate of Employment
- photocopy of latest three (3) months payslip
- photocopy of latest Income Tax return / BIR form 2316
If you are self-employed and you wish to apply for the Home Loan offer of Asia United Bank, here are the documents that you must submit to AUB in applying:
- duly-accomplished and signed Asia United Bank Home Loan Application Form
- photocopy of two (2) valid IDs each from the principal borrower and co-borrower
- photocopy of Marriage Contract or CENOMAR, as applicable
- copy of collateral title (TCT /CCT)
- Statement of Account, Reservation Agreement/ Contract to Sell
- photocopy of the lot plan / vicinity map / subdivision plan
- photocopy of updated Tax Declaration, Tax Receipts and Tax Clearance
- proof of income:
- photocopy of Business Registration Papers i.e., SEC Registration / Articles of
Incorporation / By-laws / GIS or DTI Certificates Mayor’s Permit / Business Permit - photocopy of latest three (3) months bank statements
- photocopy of Audited Financial Statements (for the last 2 years)
- photocopy of Income Tax Return (for the last 2 years)
- list of major trade suppliers and customers w/ contact details (if applicable)
- photocopy of Business Registration Papers i.e., SEC Registration / Articles of