Security Bank Home Loan Requirements 2025 for Self-Employed Applicants

Guide on Security Bank Home Loan Requirements 2025 for Application

SECURITY BANK HOME LOAN REQUIREMENTS 2025 – If you are a self-employed individual who wish to apply for the offer, here are the documents you must prepare and submit to the bank for the loan application.

Not all loans are just for employed individuals or those who have fixed income through monthly salaries. There are loan providers that have crafted offers that are also open for self-employed individuals. One of them is the Security Bank.

Millions of Filipinos trust the Security Bank which is operating in the Philippines not only for years now but for several decades already since 1951. It started operating as Security Bank and Trust Company or SBTC. In the same year, it was established as the first private bank controlled by Filipinos post World War II.

Are you excited to live in your own house soon? You might like to apply for the Security Bank Home Loan offer. It can provide an access to cash for the purpose of buying a real estate property or financing a house construction, a home renovation, or a home loan take-out. You may even apply for it for an access to funds using the value of your property.

Who are qualified to apply for the loan offer? There are varying Security Bank Home Loan eligibility and documentary requirements for application. If you are a self-employed individual who wish to apply for the loan offer, you need to meet the following qualifications to qualify:

• at least 21 years old upon the loan application
• not more than 65 years old upon loan maturity
• must be operating a legitimate and profitable business for the last 3 years
• earning a minimum gross monthly income of at least PHP50,000

With regards to the documents that you need to prepare for the loan application, here are the Security Bank Home Loan requirements for application for self-employed applicants:

• duly-accomplished and signed Security Bank Home Loan Application Form
• clear copy of one (1) valid ID (photo-bearing government issued) of borrower/spouse/co-borrower/ signatories of the loan
  • Accepted Primary IDs:
    • Passport
    • Philippine Identification Card (PhilID/ePhilID)
    • UMID
    • Driver’s License
    • Voter’s ID
    • Postal ID (PVC Plastic Card)
    • GSIS e-Card
    • PRC ID
    • Person with Disability Identification Card
    • School ID
    • Senior Citizen Card
    • SSS Card
    • Integrated Bar of the Philippines Membership ID
    • Maritime Industry Authority (MARINA) ID
    • Alien Certificate of Registration Identity Card (ACR I-Card)
  • Accepted Secondary IDs:
    • Barangay certification
    • City health card/Health certificate card
    • Company ID
    • DSWD certification
    • GOCC ID (e.g. AFP ID, HDMF ID)
    • NBI clearance
    • OFW ID
    • OWWA ID
    • Pag-IBIG Loyalty Card
    • PhilHealth Insurance Card ng Bayan (Digitized/Paper-based)
    • Police clearance
    • Postal ID (Paper-based card)
    • Seaman’s book
    • Solo parent ID
    • Tax Identification Number (TIN)
• Mortgage Redemption Insurance (MRI) Application Form
• Proof of Billing/IDs with address
• PSA copy of CENOMAR if single; PSA copy of Marriage Certificate if married; PSA Copy of MC with nullity of Marriage and PSA CENOMAR if annulled/divorced; Marriage Certificate with annotation of finality of legal separation if separated with spouse; copy of Death Certificate of spouse and PSA CENOMAR if widowed
• Special Power of Attorney (SPA)
• Authorization Letter Template for Property Collateral Verification and Tax Mapping
• proof of income:
  • Latest Income Tax Return (1701 for sole proprietary
  • owner)
  • Latest one (1) year Audited Financial Statement
  • Latest three (3) months bank statements
  • Lease/Rental contracts (if applicable)

The documentary requirements for the Security Bank Home Loan application includes collateral documents or those that refer to the property. In applying for the loan offer for the purpose of buying a real-estate property, you need to prepare and submit the following documents to the bank:

• copy of collateral title (TCT/CTC)
• copy of tax declaration on land and/or improvement
• appraisal fee paid to SBC: OR Number
• tax map verification with one valid ID of the registered owner

The bank set additional documents in other loan purposes. You should submit the following requirements for the Security Bank Home Loan application:

Visit a branch of the Security Bank nearest to you and submit your documents to start the processing of your loan application. Have you also heard about the Security Bank Auto Loan?