Guide on BPI Bank Loan Requirements for Housing Loan Offer – What You Need To Prepare
BPI BANK LOAN REQUIREMENTS FOR HOUSING LOAN – Below is the list of documents you need to submit in applying for BPI Home Loan.
The Bank of the Philippine Islands (BPI) is one of the entities you can turn to for housing loans. You may apply for loan for a residential property acquisition and the loan requirements depend on your source of income.
BPI Bank Loan Requirements for Housing Loan:
For employed applicants:
- duly-accomplished BPI Housing Loan Application Form
- latest Certificate of Employment (COE)
- latest 3 months pay slip
- latest Income Tax Return (ITR)
- authorization letter to verify employment
- proof of income
- bank statements of payroll account with authorization letter for verification
- If commission-based income:
- Bank statement where commission is credited, with authorization letter to verify
- Certificate of employment stating commissions received prior year/months/period and Commissions Receivable, if any
For pensioner applicants:
- duly-accomplished BPI Housing Loan Application Form
- Bank statements of pension account, with authorization letter to verify
- Certificate of Pension, with authorization letter to verify
- SSN
For self-employed applicants:
- duly-accomplished BPI Housing Loan Application Form
- working account (6mos) with authorization letter to verify
- latest ITR with audited financial statements
- authorization letter to conduct trade verification
- trade references with complete contact information
For overseas Filipino workers (OFWs):
- duly-accomplished BPI Housing Loan Application Form
- proof of bank remittance, with authorization letter to verify
- latest Contract, with authorization letter to verify
- details of crewing manager for seafarers
- Attorney-in-Fact / loan administrator (preferably a next of kin); full name, contact details, mailing address and valid government IDs
For professional applicants:
- duly-accomplished BPI Housing Loan Application Form
- latest ITR with audited financial statements
- working account with authorization letter to verify
- clinic/office address with complete contact details (as applicable)
To apply for a loan to BPI, submit the aforementioned requirements to the branch of the Bank of the Philippine Islands (BPI) nearest to you.
You may also visit – BPI Loans Loanable Amounts – How Much You Can Borrow Per BPI Loan
