Guide on How To Apply for the UnionBank Home Loan & the Requirements Needed
UNIONBANK HOME LOAN – Here is a guide on how to apply for this loan offer of UnionBank and the requirements that you need to prepare.
If you really want to have your own house soon, there are a lot of options that you may consider as long as you are willing to work on it. Among the choices are the loan offers provided by banks including UnionBank.
The UnionBank Home Loan promotes fast approval. You can enjoy living in your own house and lot, condominium unit, or townhouse while paying for it in light monthly installments. To be eligible for this loan offer, based on iMoney.ph, the applicant must be:
- at least 21 years old but not more than 65 years old
- a Filipino citizen or a former Filipino citizen eligible under the guidelines of BP 185
- having a stable source of income
- employed with a permanent status; or
- self-employed and running a business that is profitable for at least two(2) years already
Do you want to know the requirements in applying for the UnionBank Home Loan offer? Here is a guide on how to apply for it personally including the documents that you must gather:
Step 1 – Visit the nearest UnionBank branch.
Go toe the nearest branch of UnionBank. Ask for a copy of the loan application form and provide the details or information asked in the form.
Step 2 – Gather the requirements needed.
Based on the article, the requirements differ depending on the employment status of the borrower. You may check for the list that suits you below:
For Employed Applicants…
- Duly filled out Application form
- Photocopy of Marriage Contract (if applicable)
- Photocopy of any government-issued ID with picture and signature
- Certificate of Employment
- 3 months latest pay slips
For Self-Employed Applicants…
- Duly filled out Application form
- Photocopy of Marriage Contract (if applicable)
- Photocopy of any government-issued ID with picture and signature
- Business Registration
- Latest 6 months Bank Statements
- Financial Statements
- ITR
- Top 3 list of suppliers/customers with contact numbers (landline)
For Overseas Filipino Workers (OFWs)…
- Duly filled out Application form
- Photocopy of Marriage Contract (if applicable)
- Photocopy of any government-issued ID with picture and signature
- Original Consularized Special Power of Attorney (SPA)
- Passport with entry and exit stamps
Step 3 – Submit the requirements to the bank.
Submit the duly-accomplished loan application form to UnionBank and the other documentary requirements. Wait for the notice from the bank regarding the status of your loan application.
Do you want to know how much you can borrow under this home loan offer? You may visit – UNIONBANK HOME LOAN – Updated Minimum & Maximum Loanable Amounts.
Aside from personal loan application, the bank also offers online application. Feel free to visit this page for a guide – How To Apply for Home Loan Offer of UnionBank.
Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.
READ ALSO: UNIONBANK LOANS – Full List of the Loan Offers of UnionBank