Guide on PNB Housing Loan Requirements 2025 for Application
PNB HOUSING LOAN REQUIREMENTS 2025 – For individuals with corporate business, here are the documents required for application and the qualifications.
Having your own house and lot will bring you a lot of benefits and comfort most especially if you’ve lived most of your life in someone else’s space. Under your own roof, you have the call over the house rules. A home of your own can safeguard yours and your family’s safety best as well. Thus, many people share the dream of getting their own residential properties.
Truth be told that buying a residential property whether it is a house and lot, a condominium unit, a townhouse, etc. requires a huge amount of cash. Many people are not ready for a one-time bigtime cash payment. Meanwhile, there are entities that you can turn to like the Philippine National Bank.
More popularly called PNB, the Philippine National Bank actually has several loan offers apart from the different bank accounts and credit cards it offer. Aside from the PNB Car Loan offer, it also has the PNB Housing Loan that is open not only for employed Filipinos but as well as those who are running corporate businesses.
Who are qualified to apply for the loan offer? Before checking on the PNB Housing Loan requirements for individuals who are corporate business owners, here is a list of the qualifications set under 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
The Philippine National Bank has set varying requirements among the applicants depending on the nature of the source of income. Here are the PNB Housing Loan requirements for individuals who are running a 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
The PNB also requires collateral documents or those that pertain to the residential property to be financed by the bank. Here’s a guide:
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
Aside from the Housing Loan offer, the Philippine National Bank also has a multi-purpose loan offer — PNB Cash Loan.