Guide on PNB Housing Loan Requirements 2025 for Application
PNB HOUSING LOAN REQUIREMENTS 2025 – For locally-employed borrowers, here are the documents required for application and the qualifications.
Nowadays, there are several options that you can turn to if you want to achieve your dream house the soonest time possible. Truth be told that a lot of people are unable to purchase a residential property in cash. Meanwhile, there are entities that you can turn to for loans.
There are reputable banks in the country and one of them is the Philippine National Bank. More popularly called PNB, it is one of the trusted banks in the country that is operating for decades already. It has several loan offers.
Aside from the PNB Cash Loan offer, the trusted bank also has the PNB Housing Loan offer. It is ready to finance the purchase of a residential property including a vacant lot, a house and lot, a townhouse, and a condominium unit. It may also finance a house construction, home renovation, or the refinancing of an existing home loan.
Who are qualified to apply for the PNB Housing Loan offer? There are both qualifications and PNB Housing Loan requirements for application. Here are the eligibility requirements that an applicant must meet to qualify for the offer:
- a Filipino citizen
- at least 21 years of age at the time of the loan application but not more than 65 years of age upon loan maturity
- employed or self-employed individual
With regards to the PNB Housing Loan requirements for application, it depends on the nature of the source of income of the borrower. For locally-employed individuals who want to apply for the loan offer, here are the documents that must be submitted to the bank for application:
- 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
The PNB Housing Loan requirements also include collateral documents. Here are the collateral documents that PNB requires in applying for the loan offer:
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
If you are self-employed, there is a different set of requirements for the PNB Housing Loan application for self-employed borrowers.