PSBank Home Loan Requirements in Applying for House Purchase

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List of PSBank Home Loan Requirements for Application

PSBANK HOME LOAN REQUIREMENTS – Here is a guide on the documents that you must prepare in applying for PSBank Home Loan for house purchase.

Nowadays, you can have your dream house or your target residential property even without paying for it in full. It is because several banks got loan offers for the public.

One of the banks is the Philippine Savings Bank or more commonly called as PSBank. Its loan offer is open for a residential property purchase, for a multi-purpose loan using a house as a collateral, and for house construction.

There are different requirements depending on the purpose. Are you planning to apply for PSBank Home Loan to purchase a residential property? It is open to assist the purchase of a house and lot, a condominium unit, or a townhouse.

PSBank Home Loan Requirements

With regards to the PSBank Home Loan requirements in applying for a loan to purchase a residential property, here is a list of the documents that you must prepare:

  • Completely filled-out PSBank Home Loan application form
  • Cash or Check payable to Philippine Savings Bank as non-refundable payment for appraisal fees
  • Photocopy of Transfer/Condominium Certificate of Title (TCT/CCT)
  • Contract to Sell/Reservation Agreement (if acquiring from an accredited developer)
  • Valid photo-bearing IDs with signature
  • Copy of Court Decision on Annulment and Certificate of Finality of Decision (if annulled)
  • Copy of Court Decision on Legal Separation and Certificate of Finality of Decision (if legally separated)

PSBank Home Loan Requirements – Proof of Income Documents

For employed applicants:

  • Latest Certificate of Employment
  • Income Tax Return or BIR Form 2316 or 2306

For applicants in professional practice or self-employed

  • Latest BIR Form 1701 with BIR stamp
  • Latest Audited Financial Statement with BIR stamp

For overseas Filipino workers (OFWs)

  • Non-Immigrant (contractual worker), any of the following:
    • Consularized Certificate of Employment
    • Job contract
    • Non-consularized Certificate of Employment AND payslip or proof of remittance for the past 3-6 months or any of the following:
      • Proof of remittance for the past three to six months
      • Pay slips for the past three months
      • Latest Income Tax Return
  • Immigrant, Certificate of Employment and any of the following:
    • Income Tax Return
    • Proof of Remittance or Pay slip for the past 3-6 months

Thank you for visiting our website. We hope we have helped you with regards to this PSBank offer. You may keep coming back for more informative guides.

READ ALSO: PSBank Personal Cash Loan – How To Apply & Requirements To Prepare

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