Guide on BPI Housing Loan Requirements 2025 for Application
BPI HOUSING LOAN REQUIREMENTS 2026 – If you are a practicing professional who wants to apply for the offer of the Bank of the Philippine Islands, here are the documents you must submit.
Many people could attest that their everyday life has greatly changed since they started living in a house of their own. Thus, there is no wonder why a lot of professionals list real estate properties as one of their very first targets as soon as they get a good pay from work. Are you interested to also start your journey towards your dream house?
In the Philippines, you don’t actually have to wait for several years until you can save a full amount for your real estate property purchase. There are entities that are willing to help you out in achieving your dream house sooner. One of them is the Bank of the Philippine Islands or more popularly called as BPI.
The Bank of the Philippine Islands is in the service of countless Filipinos since 1851. It has both personal and business finance products and it has greatly expanded its offers through the years.
BPI has several savings and checking account offers, credit cards, loans, etc. With regards to its loan offers, aside from the BPI Property Equity Loan, the bank also has the BPI Housing Loan offer that is ready to finance any of the following:
- purchase of residential properties
- house construction
- home renovation.
Just like in most loan offers, there are BPI Housing Loan requirements that you need to prepare if you wish to apply for the loan offer. Before checking on the documents that you will need, it is best to first secure your qualification to the loan offer.
The BPI Housing Loan offer is open for individuals who meet the following qualifications:
- 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 employed, self-employed, an overseas Filipino worker (OFW), a practicing professional, or a pensioner. If you are a practicing professional, here are the documents that you will need:
- 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)
There are also documents pertaining to the collateral or the property involved in the loan transaction which must be submitted for the loan application. Here are the other BPI Housing Loan requirements for 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)
You might also like to check on the BPI Cash Loan offer of the bank.