Guide on BPI Housing Loan Requirements 2025 for Application
BPI HOUSING LOAN REQUIREMENTS 2025 – Practicing Professionals who want to apply for the loan must submit the following documents.
Living under the roof you can call your own can bring so much benefits. Thus, while a residential property purchase requires a huge amount of money, many people are tirelessly working to achieve their dream house. Meanwhile, nowadays, you don’t have to wait for several years or decades so you can finally live on your own house. There are entities with interesting offers you may avail.
In the country, one of the entities that you may turn that could help you out in your pursuit for a residential property is the Bank of the Philippine Islands. More popularly called BPI, it is one of the trusted banks in the country that is operating since 1851. It has several finance product offers for both personal and business categories.
The Bank of the Philippine Islands has several loan offer. Aside from the BPI Property Equity Loan offer, the bank also has the BPI Housing Loan offer. It is ready to finance the purchase of residential properties, house construction, as well as home renovation.
Who are qualified to apply for the loan offer? You can check the BPI Housing Loan requirements and qualifications below.
The loan offer is open for practicing professionals but there are qualifications for application. Here are the eligibility requirements under the BPI Housing Loan offer:
- either a Filipino citizens or foreigners married to a Filipino citizen
- at least 21 years at the time of the loan application for primary borrowers and not more than 70 years old upon the loan maturity
- with sufficient income
With regards to the BPI Housing Loan requirements that you must submit to apply for the loan offer, there is also a unique list. For practicing professionals, here are the documents required for application:
- duly-accomplished BPI Housing Loan Application Form
- 2 valid Identification Cards which may include the following:
- Philippine National ID (PhilID/ePhilID)
- Company IDs issued by private entities registered with or supervised or regulated either by BSP, SEC or IC
- Driver’s License issued by LTO
- GSIS ID
- MARINA ID
- OFW ID
- OWWA ID
- Pag-IBIG ID (with photo)
- Passport
- PWD ID issued by NCDA
- PhilHealth ID (with photo)
- Philippine Postal IDPRC ID
- Senior Citizen ID
- SSS ID
- TIN ID
- UMID
- Voter’s ID
- Working account with authorization letter to verify
- Latest ITR with audited financial statements
- Clinic/office address with complete contact details (as applicable)
The BPI Housing Loan requirements include collateral documents for application. You need to prepare and submit the following documents, too, for the loan application:
- Photocopy of Owner’s Duplicate Copy of the Condominium Certificate of Title or Transfer Certificate of Title (as applicable)
- Photocopy of the updated Tax Declaration, Tax Clearance, Tax Receipt
- Photocopy of notarized Contract-to-Sell or Offer-to-Sell from registered owner of property (for private sellers)
- Signed Authorization Letter for Tax Mapping and Inspection of Property (for properties in secondary market)
- Photocopy of notarized Contract-to-Sell / Letter of Endorsement / Official Computation Sheet from developers (for accredited developer tie-up properties)
- Non-refundable appraisal fee of Php 5,000 (inclusive of title verification)
- Photocopy of latest Statement of Account with existing mortgagor (for refinancing)
- Complete set of Building Plan, Bill of Materials, Scope of Work/Cost Estimates (for construction loan)
Aside from the Housing Loan offer, you might also like to turn to the BPI Cash Loan offer.