BDO Home Loan Application – How To Apply & the Requirements

Guide on BDO Home Loan Application Process & the Documents Needed

BDO HOME LOAN APPLICATION – You can check the comprehensive guide below in applying for the housing loan offer of BDO Unibank.

The BDO Unibank is one of the banks in the Philippines that you may turn to for a Housing Loan application. Its offer covers a wide range of purposes such as the financing of a residential property acquisition, house construction, home renovation, and home loan take-out.

BDO Home Loan Application
Photo Credit: ACES Awards

The loan offer of BDO Unibank is open for both employed (locally and abroad) and self-employed individuals. If you want to check on the loanable amounts under the offer, feel free to visit – BDO HOME LOAN LOANABLE AMOUNTS – How Much You Can Borrow.

BDO Home Loan Application Process

Step 1 – Are you qualified for BDO Home Loan application? In order to qualify for the loan offer, the borrower-applicant must meet the following criteria:

  • at least 21 years old upon the loan application
  • not more than 70 years old upon the end of the loan term
  • earning at least Php 50,000 gross family income
  • having a stable source of income

Step 2 – Prepare the documents needed in applying for the loan offer. There are specific documents of the loan applicant that are needed for the application. You must submit the following:

  • duly-accomplished and signed BDO Housing Loan Application Form
  • income documents
    • If self-employed, prepare:
      • Bank Statement of Non-BDO account
      • Audited Financial Statements for the last two (2) years
    • If you are an overseas Filipino worker (OFW), prepare:
      • Latest three (3) months payslips
      • Latest Crew Contract, if sea-based
      • Latest proof of remittance for the last three (3) months
      • Latest Certificate of Employment with Income (COEI)

There are also collateral documents that you must prepare and submit depending on the purpose of your BDO Home Loan application. For these, you may visit – Requirements for BDO Home Loan You Need to Submit in Applying.

Step 3 – Visit a branch of BDO Unibank nearest to you. Submit your documents to BDO Unibank for evaluation. Wait for the call from the bank.

The bank has several other loan offers apart from the housing loan. To check on the other dishes on the table, you may visit – BDO LOAN OFFERS: List of BDO Loans & Application Requirements.

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