Guide on Requirements for Maybank Home Loan Refinancing – What You Must Prepare
REQUIREMENTS FOR MAYBANK HOME LOAN – Here is a list of the documents you must prepare in applying for Maybank Home Loan Refinancing.
Are you planning to have your residential property refinanced to obtain some cash? There are several banks that you can turn to and one with the best offers is Maybank.
The said refinancing offer is under the Maybank Home Loan. It is open for vacant lots, house and lot, condominium unit, and townhouse.
There are requirements for Maybank Home Loan refinancing application. There are basic requirements, employment documents, and collateral documents that must be submitted.
Lists of Requirements for Maybank Home Loan Refinancing Application
Basic Requirements for both spouses:
- Housing loan application from (completely filled out)
- Valid IDs and recent photo of spouses
- Marriage Certificate (if married) and Death Certificate (if widowed)
Income/Employment:
- If employed
- Certificate of Employment for both spouses
- Income Tax Return (for the last 2 years)
- If self-employed or entrepreneur
- Business Registration/Permits
- Financial Statements (last 2 years In-house and Audited)
- Company profile/business background or List of Major Suppliers and Customers with contact details (at least 5)
- Income Tax Return (last 2 years)
- Latest 6 months Bank Statements/Passbook
- If overseas Filipino worker (OFW)
- 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)
Collateral Requirements:
- House and Lot
- Copy of Tax Declaration (Lot and Improvement)
- Copy of Transfer Certificate of Title (TCT)
- Condominium Unit
- Copy of Condominium Certificate of Title (CCT)
- Copy of Master Deed of Declaration and Restriction Copy of Tax Declaration
- Home Construction
- Building Plan
- Bill of Materials/Construction Cost Estimates
- Refinancing
- Updated Statement of Account from originating institution
Thank you for visiting our website. We hope we have helped you with regards to this Maybank offer. You may keep coming back for more informative guides.
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