Requirements

How to acquire a house and lot?
Paano magsimula magkaron ng bahay at lupa?
In this video, I discussed the home buying process.

Bank Financing Requirements for Locally Employed

1. Duly Filled-up Bank Form
2. 3 pcs. 1×1 ID picture (husband/wife)
3. Marriage Contract if Married, Birth Certificate if Single
4. Photocopy of two (2) Valid Government issued ID’s, with 3 signatures in the photocopy (Husband/Wife)
5. Tax Account No. (TIN)
6. Proof of Billing here in the Philippines (Meralco, Manila Water, PLDT, Globe, etc.)
7. Community Tax Certificate (Husband/Wife)
8. Income Tax Return (ITR)
9. Complete post dated check for Equity and Amortization

Bank Financing Requirements for OFW

General Requirements
1. Duly Filled-up Bank Form
2. 3 pcs. 1×1 ID picture (husband/wife)
3. Marriage Contract if Married, Birth Certificate if Single
4. Photocopy of two (2) Valid Government issued ID’s, with 3 signatures in the photocopy (Husband/Wife)
5. Tax Account No. (TIN)
6. Proof of Billing here in the Philippines (Meralco, Manila Water, PLDT, Globe, etc.)
7. Complete post dated check for Equity and Amortization

Additional Requirements for OFW
1. Job Contract
2. Photocopy of Passport (With 3 Signatures in the Photocopy)
3. Special Power of Attorney (SPA) – forms provided upon Reservation

Requirements of Attorney-In-Fact
1. Valid I.D. of Attorney in Fact
2. 3 pcs. 1×1 I.D. picture of Attorney in Fact
3. Community Tax Certificate of Attorney in Fact (cedula)

In- House Requirements for Locally Employed

1. 3pcs. recent 1 x 1 I.D. pictures
2. 2pcs Photocopy of Valid ID
3. Marriage Contract, Birth Certificate, or Separation papers (if needed)
4. Community Tax Cert. (Cedula)
5. Complete post dated check for Equity and Amortization
6. Latest proof of income
7. TIN

In-House Requirements for OFW

Initial requirements
1. 3pcs. recent 1 x 1 I.D. pictures
2. Marriage Contract, Birth Certificate, or Separation papers (if needed)
3. Complete post dated check for Equity and Amortization
4. Tax Identification Number (TIN)
5. Latest proof of income

Additional Requirements for OFW
1. Photocopy of Passport
2. Photocopy of Job Contract

Attorney-In-Fact Requirements
1. 1 pc. I.D. picture of Attorney in Fact
2. Valid I.D. of Attorney in Fact
3. Residence Certificate of Attorney in Fact

Requirements – Self Employed
(Buyer, Spouse and Co-borrower)

1. 3pcs. 1×1 ID picture.
2. 2 Govt’t issued valid ID.
3. Birth certificate if Single or Marriage contract if Married
4. 3 years Income Tax Return.
5. 3 years audited financial statements.
6. Latest 6 months bank statement.
7. Proof of Billing (utility bills only) or Brgy. certificate of Residency.
8. Business permit and registration.
9. Post dated checks (PDC) for monthly downpayment or auto debit arrangement with Metrobank. (Buyer and Spouse)

Pag-Ibig Financing Requirements

1. Approved Membership Status Verification Slip (MSVS)
2. Three (3) pcs 1×1 ID Picture
3. Residence Certificate (cedula) – locally employed
4. Photocopy of two (2) valid ID’s
5. Photocopy of Marriage Contract for Married and Birth Certificate for Single
6. Proof of Billing (Here in the Philippines)
7. Post Dated Checks – 12pcs for Down Payment ; 12 pcs for Monthly Amortization
8. Photocopy of Certificate of Employment and Payslip
9. Tax Identification Number (TIN)

Additional Requirements for OFW:
Attorney-In-Fact Requirements

1. 1 pc. I.D. picture of Attorney in Fact
2. Valid I.D. of Attorney in Fact
3. Residence Certificate of Attorney in Fact