Guide on BPI Housing Loan Requirements 2026 for Application
BPI HOUSING LOAN REQUIREMENTS 2026 – If you are an overseas Filipino worker (OFW) who wants to apply for the offer, here are the documents you must submit.
Many Filipinos work abroad for better work privileges and higher compensations, isn’t it? However, many of these OFWs are also sole breadwinners of their families. A lot of OFWs have long wished for a house of their own not only for them but as well as for their loved ones but the limited budget has kept it as a dream. Meanwhile, nowadays, there are entities that are willing to help Filipinos working abroad achieve their dream house.
In the Philippines, one of the banks that Filipinos may turn to in the pursuit of achieving their dream house is the Bank of the Philippine Islands. It got different types of bank accounts, loans, credit cards, etc. Its offers are accessible even on weekends as there are BPI branches that are open even on Saturday. Below, you can check the BPI Housing Loan requirements for application.
Before checking on the BPI Housing Loan requirements for application, it is best to know the purposes that the Housing Loan offer can accommodate. You may apply for it to finance the purchase of a residential property, a house construction, and a home renovation.
The Housing Loan offer of the Bank of the Philippine Islands is open not only for locally-employed and self-employed Filipinos but as well as OFWs. Before checking on the BPI Housing Loan requirements for application, it is best to first check the qualifications set by the bank. To be eligible to apply for the offer, the loan applicant must be:
- 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
There are varying BPI Housing Loan requirements for application depending if you are locally-employed, self-employed, an OFW, a pensioner, etc. If you are a Filipino who works abroad, here are the documents required by the bank for the loan 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
- Latest Contract, with authorization letter to verify
- Proof of bank remittance, 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
The BPI Housing Loan requirements include collateral documents. You need to prepare and submit the following collateral documents 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)
The Bank of the Philippine Islands actually has several loan offers. You might also like to check on the BPI Cash Loan.