Guide on Requirements for BDO Home Loan Offer Needed for Application.
REQUIREMENTS FOR BDO HOME LOAN – Provided below are the specific personal and collateral documents needed in applying for the loan offer.
In the Philippines, one of the biggest banking instutions is BDO Unibank. It has both personal and corporate offers which includes loans. It is one of the enteties in the country that you can turn to for a home loan offer.
The Home Loan offer of BDO Unibank can finance the purchasing of a residential property, house construction, home renovation, and home loan takeo-out. There are both personal and collateral requirements for BDO Home Loan application.
Personal Documents Needed:
- 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)
- If self-employed, prepare:
Collateral Requirements for BDO Home Loan Application:
The collateral documents needed in applying for the loan offer depends on the purpose of the loan application. You may refer to the table below to check on the documents that you must prepare alongside your personal documents and submit to the bank.
| If property is from a Developer accredited with BDO | If property is from an individual seller or a Developer not accredited with BDO | If for construction |
|---|---|---|
| Contract to Sell (CTS) | Photocopy of TCT/CCT and/or Contract to Sell (CTS) | Photocopy of TCT |
| Photocopy of Tax Declaration | Photocopy of Tax Declaration | |
| Authorization of Tax Mapping signed by present owner | Building Specifications | |
| Copy of payment for Appraisal Fee | Building Plan | |
| Copy of payment for Appraisal Fee |
To initiate your application, visit the nearest branch of BDO Unibank, whether it is in proximity to your residence or workplace, and submit the necessary documents. The loan processing period typically spans a few working days.
To check on the other loan offers of BDO Unibank, kindly vist – BDO LOAN OFFERS: List of BDO Loans & Application Requirements.