Guide on EastWest Bank Housing Loan Requirements for Application
EASTWEST BANK HOUSING LOAN REQUIREMENTS – Here are the documents required in applying for the home loan offer of the EastWest Unibank.
Are you looking for a bank where you may apply for a home loan offer? In the Philippines, one of the banks that you may turn to is the EastWest Unibank or the EastWest Bank. Its offer is open for multiple purposes including financing a residential property purchase and a house construction.
Aside from the EastWest Unibank Cash Loan offer, the bank also offers a Home Loan. The bank boasts its loan offer with competetive interest rates and flexible financing options. Under the loan offer, undeniably, there is a short list of EastWest Bank Housing Loan requirements compared to many other home loan offers.
The EastWest Bank Housing Loan requirements depend if you are locally-employed, self-employed, an overseas Filipino worker (OFW), a doctor, someone who earns from rentals, commissions, or a transport business.
Here are the EastWest Bank Housing Loan requirements that you need to prepare and submit to the bank in applying for the loan offer:
For locally-employed individuals…
- duly-accomplished Application Form
- two (2) valid Government-issued IDs
- Certificate of Employment w/ Compensation (COEC) indicating position and length of service
- Latest Income Tax Return (ITR)
For self-employed individuals…
- duly-accomplished Application Form
- two (2) valid Government-issued IDs
- Business Registration(SEC/DTI)
- Audited Financial Statements for the last 2 years
- Updated Interim Financial Statement if most recent AFS is more than 6 months
- Latest 6-month bank statements w/authorization to conduct bank verification
- List of trade references(at least 3 suppliers and 3 customers with telephone numbers and contact persons)
- Articles of incorporation and By-laws
For OFWs who were on direct hiring…
- duly-accomplished Application Form
- two (2) valid Government-issued IDs
- COEC w/ original 6-month remittances; or
- COEC w/ original 6-month payslips; or
- Consularized Certificate of Employment w/ Compensation (COEC)
For seafarers…
- duly-accomplished Application Form
- two (2) valid Government-issued IDs
- Crew Contract validated by POEA
- Attorney-in-fact’s ID and application form
For Practicing Doctors…
- duly-accomplished Application Form
- two (2) valid Government-issued IDs
- Clinic Address/es and schedule/s
If Earning from rental properties…
- duly-accomplished Application Form
- two (2) valid Government-issued IDs
- Rental/Lease Contract (indicating name of tenants and rental amounts with complete addresses of properties being rented)
- Photocopy of title (CCT/TCT)
If earning from commissions…
- duly-accomplished Application Form
- two (2) valid Government-issued IDs
- Vouchers and bank statements (for the last 6 month reflecting commissions)
If earning from transport business…
- duly-accomplished EastWest Bank Home Loan Application Form
- two (2) valid Government-issued IDs
- LTO Certificate of Registration (CR) and Official Receipt (OR)
- LTFRB Franchise/s
