LIST: Requirements for AUB Housing Loan Application

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Guide on Requirements for AUB Housing Loan Application – What You Need to Prepare

REQUIREMENTS FOR AUB HOUSING LOAN – Here is a full list of the basic and income documents you need to submit in applying for Asia United Bank’s Home Loan offer.

Buying a house is one of the biggest steps that you can ever take – but also one of the most beneficial and the best moves that you can be proud of. It secures not only you but as well as your loved ones. A residential property can be an excellent investment apart from being a home.

However, the usual problem is that not everyone has a huge amount in their bank accounts to make a residential property purchase. In fact, there are those who have big savings but will not agree to withdraw them for a one-time big purchase. What do they do? They apply for loans.

There are several banks, lending companies, and financing firms in the Philippines that offer housing loans. One of these banks is the Asia United Bank (AUB).

Requirements for AUB Housing Loan

The AUB Housing Loan boasts two features – 0.25% on interest rate after the fixing period for Home Loan with excellent payment rating and an interest rate cap of 9% on all Home Loan.

There are documentary requirements for AUB Housing Loan application. The documents that you need to submit include the basic personal documents, the collateral documents, and your income documents.

Lists of Requirements for AUB Housing Loan Application

Basic Requirements:

  • Duly Filled-out and signed application form
  • Photocopy of two (2) valid IDs each from the principal borrower and co-borrower
  • Photocopy of Marriage Contract or CENOMAR, as applicable

Collateral Requirements (**Accredited Developers)

  • 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

Income Requirements

  • If employed:
    • photocopy of Certificate of Employment
    • photocopy of the latest three (3) months payslip
    • photocopy of the latest Income Tax return / BIR form 2316
  • If self-employed:
    • 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 the 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)

You may also visit – AUB Salary Loan: Who Are Qualified to Apply for This Loan Offer

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