List of UnionBank Home Loan Requirements for Corporation
UNIONBANK HOME LOAN REQUIREMENTS – For corporation, here is a guide on the documents required by the bank in applying for the offer.
Nowadays, acquiring a property without paying for its purchase under a full one-time cash payment is possible. It is because of the presence of different lending entities including banks with home loan offers.
In the Philippines, one of the banks that offer a Home Loan is UnionBank Philippines. It is one of the most trusted banks in the country with several offers such as bank accounts, loans including the UnionBank Cash Loan, credit cards, and a lot more financial services.
The UnionBank Home Loan offer is open not only for individual applications but as well as corporations. The bank has set different UnionBank Home Loan requirements among individual and corporate applications for the loan offer.
Here are the UnionBank Home Loan requirements for corporation that want to apply for the loan offer:
- duly-accomplished and signed UnionBank Home Loan Application form
- Business Papers (SEC Registration, Articles of Inc and By-Laws and Latest GIS)
- proof of billing
- Latest Income Documents
- Income Tax Return with Audited Financial Statement
- proof of income:
- two (2) valid Government Issued Identification Card / IDs
- Passport
- PhilID / ePhilID / Printed PhilID
- Driver’s License
- PRC ID
- NBI Clearance
- SSS ID / Unified Multipurpose ID (UMID)
- GSIS e-card / GSIS ID (membership ID)
- ID issued by the National Council on Disability Affairs
- Senior Citizen Card (Digitized)
- Overseas Workers Welfare Administration ID (Digitized)
- Philhealth Insurance Card ng Bayan (Digitized)
- Voter’s ID (Digitized)
- OFW ID
- Postal ID (Digitized)
- Private company ID
- IBP ID
- School ID
Under the loan offer, there are also property or collateral documents that must be submitted to the bank in applying for the loan offer. The list depends if the developer of the property is accredited by the bank or none.
Accredited Real Estate Developer
- Contract to Sell (CTS)
- Reservation Agreement
- Statement of Account
Non-Accredited Real Estate Developer
- Photocopy of Owner’s Duplicate Copy of the Transfer Certificate of Title (TCT)
- Photocopy of Latest Tax Declaration
- Location or Vicinity Map
- Valid Government Issued Identification Card (ID) of Seller/s (if married, include ID of spouse)
- Authorization Letter to conduct Appraisal of Property with Contact Details, Contact Person, and Property Location
- Appraisal Fee