Lists of UnionBank Home Loan Requirements for Application
UNIONBANK HOME LOAN REQUIREMENTS – Here are the documents required by UnionBank in applying for the loan offer.
Are you interested to the Home Loan offer of UnionBank? It is one of the best loans that can help turn your dreams into reality. It can help you buy a vacant residential lot, a house and lot, or another residential property.
The loan offer is open among the employed and self-employed individuals as well as overseas Filipino workers (OFWs). There are varying UnionBank Home Loan requirements for application.
The bank is also open for corporations and it has also set a list of UnionBank Home Loan requirements for application for corporations. Here is a guide on the lists of documents required by the bank for application:
Employed Individuals.
- duly-accomplished and signed UnionBank Home Loan Application form
- proof of billing address
- Marriage Contract (if married) / Certificate of No Marriage (if single)
- valid Government Issued Identification Card for nominated Attorney in Fact (AIF) (if applicable)
- valid Alien Certificate of Registration (ACR) with permanent residency status and official receipt (if applicable)
- valid Government Issued Identification Card
- proof of income:
- Latest Certificate of Employment (COE) with compensation
- Latest 3 months pay slips
- Latest BIR stamped Income Tax Return (ITR) or Form 2316
Self-Employed Individuals.
- duly-accomplished and signed UnionBank Home Loan Application form
- proof of billing address
- Marriage Contract (if married) / Certificate of No Marriage (if single)
- valid Government Issued Identification Card for nominated Attorney in Fact (AIF) (if applicable)
- valid Alien Certificate of Registration (ACR) with permanent residency status and official receipt (if applicable)
- valid Government Issued Identification Card
- proof of income:
- Business Permit
- Securities and Exchange Commission (SEC) Registration
- Department of Trade and Industry (DTI) Registration (if Sole Proprietorship)
- Articles of Incorporation with By Laws and General Information Sheet (GIS) (if (Corporation)
- Certificate of Incorporation (if Corporation)
- Latest BIR stamped Income Tax Return (ITR) or Form 1701 with Audited Financial Statement
- Trade Reference or List of Customers and Suppliers with Name, Office Number and Office Address
Overseas Filipino Workers (OFWs).
- duly-accomplished and signed UnionBank Home Loan Application form
- proof of billing address
- Marriage Contract (if married) / Certificate of No Marriage (if single)
- valid Government Issued Identification Card for nominated Attorney in Fact (AIF) (if applicable)
- valid Alien Certificate of Registration (ACR) with permanent residency status and official receipt (if applicable)
- valid Government Issued Identification Card
- proof of income:
- Latest Certificate of Employment (COE) with compensation
- Latest Contract of Employment
- Latest Photocopy of Proof of Entry and Exit Points Stamps
- Latest Photocopy of Seaman’s Book (if applicable)
- Notarized or Apostilled Special Power of Attorney designating documents for and in behalf of the applicant
Corporation.
- 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
The UnionBank Home Loan requirements also include collateral documents for application. In the case of properties under real estate developers that are accredited to the bank, the loan provider requires Contract to Sell (CTS), Reservation Agreement, and Statement of Account.
In the case of properties under the non-accredited real estate developers, the bank requires photocopies of the Owner’s Duplicate Copy of the Transfer Certificate of Title (TCT) and the Latest Tax Declaration, the location or vicinity map, a valid government-issued ID, the appraisal fee, and the Authorization Letter to conduct Appraisal of Property with Contact Details, Contact Person, and Property Location.
With regards to the proof of identity that are acceptable to UnionBank, here is a guide on the valid IDs accepted by the bank:
- any primary ID:
- 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
- or any two (2) of the secondary IDs:
- Government office and GOCC ID
- Seaman’s Book
- Company ID issued by private entities or institutions registered with or supervised or regulated either by the BSP, SEC or IC
- Barangay ID / Certification
- Alien Certification of Registration / Immigrant Certification of Registration
