Guide on EastWest Home Loan Requirements 2025 for Application
EASTWEST HOME LOAN REQUIREMENTS 2025 – For locally-employed applicants, here are the documents you must prepare and submit to the bank.
Nowadays, you don’t have to wait for several years so you can finally take hold of the keys of as real estate property that you can call your own. There are several home-loan providing entities that have packed their offers with amazing features.
Does EastWest Bank have a branch in your city? It is one of the trusted banks in the country that you can turn to for home loans. In fact, it has several loan offers. Aside from the EastWest Bank Auto Loan offer, the bank has the Home Loan offer that is ready to finance multiple purposes related to real estate properties.
You may apply for the Home Loan offer of the EastWest Bank for the financing of the purchase of a vacant residential lot, a house and lot, or a condominium unit. You may also apply for it for the financing of a house construction.
Who may apply for the Home Loan offer? The loan is open for both employed and self-employed individuals but the EastWest Home Loan requirements for application may vary. In the case of the non-salaried or the self-employed individuals, here are the personal documents required by the bank for application:
- duly-accomplished and signed EastWest Bank Home Loan 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
In other specific cases like those applicants who are practicing doctors or those who earn from rental of properties, transport business, or commissions, the following must be part of the EastWest Home Loan requirements that must be submitted for the application:
If Practicing Doctor:
- Clinic Address/es and schedule/s
If Earning from Rental Properties:
- 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 Transport Business:
- LTO Certificate of Registration (CR) and Official Receipt (OR)
- LTFRB Franchise/s
If Earning from Commissions:
- Vouchers and bank statements (for the last 6 month reflecting commissions)
The EastWest Home Loan requirements for application also includes collateral documents. Here is a guide on the other documents you must prepare in applying for the EastWest Bank loan offer:
For Real Estate Property Acquisition
- Photocopy of Title for Collateral (TCT for land title/CCT for condo title)
- Appraisal Fee Official Receipt (OR)
- Tax Declaration (Land and Building)
For House Construction
- Bill of Materials or Cost Estimate
- Building Plan or Renovation Plan
- General Specification or Scope of Work
For Refinancing/Loan Take-Out
- Latest Statement of Account from Mortgagor
- Proof of payment for the last 6 months (Official Receipts or cleared checks with Bank Statements or Ledger)
As mentioned, the EastWest Bank has several loan offers. It also has the EastWest Bank Cash Loan offer.