List of Requirements for Landbank Housing Loan 2023 Developer’s End-Buyers Financing Tie-up Agreement
REQUIREMENTS FOR LANDBANK HOUSING LOAN 2023 – Here are the documents needed in applying for the Developer’s End-Buyers Financing Tie-up.
The Landbank of the Philippines is one of the banks in the country with multiple housing offers. One of them is called the Developer’s End-Buyers Financing Tie-up agreement. It helps people buy or construct a house through an accredited developer of the state bank.
Aside from the Landbank Easy Home Loan 2023, the bank also offers the Developer’s End-Buyers Financing Tie-up which also serves several purposes. You can apply for it for the financing of any of the following:
- acquisition of
- lots only
- properties ready for occupancy
- house and lots
- townhouse
- condominium units
- house construction
Under the Developer’s End-Buyers Financing Tie-up, there are both eligibility and documentary requirements. They vary among the end buyers and the developers. For individuals to qualify under the Landbank Housing Loan 2023, you must comply with the following qualifications:
- Developer must have existing credit lines with Landbank
- Developer and its subsidiaries has no existing credit lines with the bank but has passed the “Accreditation Process”
In the case of developers, for qualification to the Landbank Housing Loan 2023, here are the eligibility requirements:
- has existing credit lines/loans with Landbank
- no existing credit lines with the bank
- submit the duly Audited Financial Statements
- passed the “Accreditation Process”
In terms of the documentary requirements, if you are an end buyer or the borrower for the purchase of a residential property, you must prepare the following requirements for Landbank Housing Loan 2023:
- Duly accomplished loan application form with 1″ X 1″ photo
- Latest certificate of income and employment
- Latest Income Tax Return with BIR stamp
- Marriage Contract, if applicable
On the other side of the spectrum, there is a different list of requirements for Landbank Housing Loan 2023 under the Developer’s End-Buyers Financing Tie-up if you are the developer. Here are the documents that you should prepare and submit to the bank:
- Photocopy of TCT/CCT
- Photocopy of tax declaration (land improvements)
- Certified Lot Plan
- Certified Location and Vicinity Map
- Latest Real Estates Tax Receipt
- Photocopy of TCT/CCTContract to Sell/Presell
- Master Deed of Restriction, in case of condominium
- HLURB Certification of Registration of Project
- HLURB Locational Clearance
