List of RCBC Home Loan Requirements for Application
RCBC HOME LOAN REQUIREMENTS – You can check here the documents required by Rizal Commercial Banking Corporation and how to apply.
Have you heard about the Home Loan offer of Rizal Commercial Banking Corporation? It covers several purposes thus it can finance your property acquisition, house construction, home renovation, and using your property for a multi-purpose loan.
You may borrow millions from the bank for a huge purpose or to finally turn that dream house into a reality. The loan is payable for up to 20 years thus there is really a chance to have low monthly installments.
The loan offer is open for both employed and self-employed individuals. The RCBC Home Loan requirements vary depending on the nature of the source of income of the borrower and the intent in applying for the loan.
In the case of employed individuals, here are the documents required by the bank based on the loan purpose:
General Requirements:
- accomplished RCBC Home Loan Application Form
- copy of TCT and Tax Declaration
- Certificate of Employment (COE) or latest Income Tax Return (ITR)
- 2 valid government-issued IDs
- Tax Identification Number (TIN)
- Utility Bill
For Land & Improvement:
- accomplished RCBC Home Loan Application Form
- copy of TCT and Tax Declaration
- Certificate of Employment (COE) or latest Income Tax Return (ITR)
- 2 valid government-issued IDs
- Tax Identification Number (TIN)
- Utility Bill
For House Construction:
- accomplished RCBC Home Loan Application Form
- copy of TCT and Tax Declaration
- Bill of Materials
- Certificate of Employment (COE) or latest Income Tax Return (ITR)
- 2 valid government-issued IDs
- Tax Identification Number (TIN)
- Utility Bill
There are different sets of RCBC Home Loan requirements for application set for self-employed individuals. Here are the documents required by the bank:
General Requirements:
- accomplished RCBC Home Loan Application Form
- copy of TCT and Tax Declaration
- Business Papers (DTI or SEC, Mayor’s Permit)
- any of the following:
- Latest ITR
- Audited Financial Statements
- Latest 3-month bank statement
For Land & Improvement:
- accomplished RCBC Home Loan Application Form
- copy of TCT and Tax Declaration
- Business Papers (DTI or SEC, Mayor’s Permit)
- any of the following:
- Latest ITR
- Audited Financial Statements
- Latest 3-month bank statement
For House Construction:
- accomplished RCBC Home Loan Application Form
- copy of TCT and Tax Declaration
- Bill of Materials
- Business Papers (DTI or SEC, Mayor’s Permit)
- any of the following:
- Latest ITR
- Audited Financial Statements
- Latest 3-month bank statement
