Guide on PNB Housing Loan Requirements 2024 for the Application Process
PNB HOME LOAN REQUIREMENTS 2024 – You can check here the documents required in applying for the Philippine National Bank loan offer.
In the Philippines, one of the most trusted banks is the Philippine National Bank or more popularly called PNB. It is one of the longest-serving banks in the country and it has several branches across the nation with multiple offers.
One of the loan offers of the bank is the PNB Housing Loan. It is ready to finance several purposes including the purchase of vacant lot, condominium unit, townhouse, and house & lot; house construction; home improvement; and refinancing or take-out of an existing loan.
The loan offer of the bank is open for locally-employed and self-employed individuals as well as qualified overseas Filipino workers (OFWs). Aside from individual applications, it is also open for corporate applications.
The PNB Home Loan requirements vary depending on the nature of the source of income of the client. It is best to prepare the documents ahead should you wish to apply for the loan offer.
Here is a guide on the PNB Home Loan requirements for application:
Locally-Employed Individuals
- duly-accomplished and signed PNB Housing Loan Application Form
- clear copy of one (1) Valid ID of Borrower/Spouse/Co-borrower/signatories of the loan
- any of the following income documents:
- Latest Certificate of Employment with Compensation
- Latest ITR (Income Tax Return)
- Latest 3 mos Payslip
Self-Employed Individuals
- duly-accomplished and signed PNB Housing Loan Application Form
- clear copy of one (1) Valid ID of Borrower/Spouse/Co-borrower/signatories of the loan
- any of the following income documents:
- 6 months Bank Statement
- ITR or Annual Financial Statement
Individuals with Corporate Business
- duly-accomplished and signed PNB Housing Loan Application Form
- clear copy of one (1) Valid ID of Borrower/Spouse/Co-borrower/signatories of the loan
- 6 months Bank Statement
- SEC Registration
- General Information Sheet
- TR/AFS
Overseas Filipino Workers (OFWs)
- duly-accomplished and signed PNB Housing Loan Application Form
- clear copy of one (1) Valid ID of Borrower/Spouse/Co-borrower/signatories of the loan
- any of the following income documents:
- Latest contract of Employment
- Latest Certificate of Employment with Compensation
- Latest 3 mos Payslip
The Philippine National Bank does not only require personal documents from the borrowers. The bank also has collateral requirements depending on the purpose of the loan application.
Collateral Documents
- General Requirements:
- Copy of collateral Title (TCT,CCT)
- Copy of Tax declaration on Land &/or building
- Lot Plan and Vicinity Map
- For Construction Purpose:
- Building/Floor Plan Building
- Specification
- Bill of Materials
- For Acquisition from Accredited Developer:
- Contract to Sell
- For Purchase of House and Lot/Vacant Lot
- Deed of Absolute Sale or Contract to Sell
- Refinancing/Loan Take-out:
- Statement of Account from Mortgagee bank