List of BDO Housing Loan Requirements 2025 You Must Prepare for Application
BDO HOUSING LOAN REQUIREMENTS 2025 – For overseas Filipino worker (OFW) who want to apply for the BDO Unibank offer, here is a guide on the documents required by the bank for application.
Undeniably, among the most common giant goals that many people share are landing a stable job that pays well or a business working well, getting a car, and buying a house. Visibly, the two (2) goals are only accessible if you get the first goal right and there is enough financial resources. Meanwhile, nowadays, there are entities that can help you achieve your property acquisition goals faster.
Banks are among the entities that you can turn to for an extra hand in reaching your goals to have a house and a car the soonest time possible. One of the trusted and reputable banks in the country is the BDO Unibank.
Aside from the BDO Cash Loan offer, the BDO Unibank also offers a Housing Loan. It is ready to finance the acquisition of a residential property, house construction, or a home equity loan.
Furthermore, if you have a house and lot or another residential property you need some extra funds, you can use your property as the collateral under the BDO Housing Loan offer. Here are the qualifications in applying for the loan offer:
- 21 years old and aboe upon the loan application
- 70 years old and below at the end of the loan term
- Filipino citizen or Foreign Nationals
- earning at least ₱50,000/month or its equivalent in foreign currency as gross monthly income
- 2-3 years consecutive employment
The Housing Loan offer of the bank is open not only for locally-employed and self-employed individuals. Overseas Filipino workers may also apply for the offer. There is a unique set of BDO Housing Loan requirements set for the OFW applicants.
If you are an OFW and you want to apply for the loan offer, here are the BDO Housing Loan requirements you must prepare and submit to apply for the loan offer:
If with BDO account
- completely filled-out application form
- If self-employed,
- Bank Statement, non-BDO Account
- Audited Financial Statements for the last two (2) years
- If OFW
- Latest proof of remittance for the last three (3) months
- Latest three (3) months payslips
- Latest Certificate of Employment with Income (COEI)
- Latest Crew Contract, if sea-based
If without BDO Unibank
- Completely filled-out application form
- Photocopy of one (1) valid ID matching application details
- Marriage Contract, if applicable
- If locally-employed
- Latest three (3) months payslips
- Latest Certificate of Employment with Income (COEI)
- Latest Income Tax Return (ITR)
- If self-employed
- Certificate of Business Registration from SEC, if applicable
- Bank Statement, non-BDO Account
- Audited Financial Statements for the last two (2) years
- If OFW
- Latest proof of remittance for the last three (3) months
- Latest three (3) months payslips
- Latest Certificate of Employment with Income (COEI)
- Latest Crew Contract, if sea-based
The BDO Housing Loan requirements for application also includes documents of the property. The BDO Unibank requires the following:
If property is from a Developer accredited with BDO
- Contract to Sell (CTS)
If property is from an individual seller or a Developer not accredited with BDO
- Photocopy of TCT/CCT and/or Contract to Sell (CTS)
- Photocopy of Tax Declaration
- Authorization of Tax Mapping signed by present owner
- Copy of payment for Appraisal Fee
If for the purpose of house construction
- Photocopy of TCT
- Photocopy of Tax Declaration
- Building Plan
- Building Specifications
- Copy of payment for Appraisal Fee
BDO Unibank has several other loan offers aside from the cash and housing loan. You might also be interested with the BDO SME Loan.