Guide on Maybank Home Equity Loan Requirements 2025 for Application
MAYBANK HOME EQUITY LOAN REQUIREMENTS 2025 – You can check here the documents required in applying for the offer to obtain cash with your residential property as the collateral.
Nowadays, there are reputable banks that are not only ready to finance the purchase of a residential property or a home construction but also provide funds using a residential property as the collateral. This type of loan offer can help you maximize the value of your property.
You may apply for the loan to boost your business capital, attend to an emergency, or make another dream happen. Thus, the money you paid for your residential property is never of little use as you can utilize them. One of the trusted entities that you may turn to for this offer is Maybank.
Maybank is operating in the Philippines for several decades now. Aside from the financing of a residential purchase through the Maybank Housing Loan offer, the bank is also ready to provide cash using a residential property as a collateral under the Maybank Home Equity Loan offer.
Under the Maybank loan offer, you can have access to up to 70% of the appraised value of your residential property. In applying for the loan, you need to submit the Maybank Home Equity Loan requirements.
The loan offer is open for both employed and self-employed individuals. The Maybank Home Equity Loan requirements depend if you are locally-employed, self-employed, or an overseas Filipino worker. Here is a guide:
For Employed Applicants:
- Maybank Housing Loan application Form
- Government Issued IDs
- Marriage Certificate (if married) and CENOMAR (if single)
- Updated Statement of Account from originating institution
- History of payment from originating institution
- 3 months payslip
- Income Tax Return (latest year)
- Certificate of Employment for both spouses
For Self-Employed Applicants:
- Maybank Housing Loan application Form
- Government Issued IDs
- Marriage Certificate (if married) and CENOMAR (if single)
- Updated Statement of Account from originating institution
- History of payment from originating institution
- Business Registration/Permits
- Latest 2 years Audited Financial Statements
- Company profile/business background or List of Major Suppliers and Customers with contact details (at least 5)
- Income Tax Return (latest 2 years)
- Latest 6 months Bank Statements/Passbook
For OFW Applicants:
- Maybank Housing Loan application Form
- Government Issued IDs
- Marriage Certificate (if married) and CENOMAR (if single)
- Updated Statement of Account from originating institution
- History of payment from originating institution
- Contract of Employment / Employment Certificate
- History of Employment / Latest Crew Contact (if applicant is a Seafarer)
- Special Power of Attorney (using Maybank’s format)
- Latest 6 months bank statements/proof of remittance
- Latest ITR (if applicable)
The reputable bank also has the Maybank Cash Loan offer that is ready to attend to multiple purposes.