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Step 1: Check Your Qualifications

This document outlines the 3 step process for applying for a home loan from BDO bank. Step 1 describes the qualification requirements including age, income level, citizenship status, and employment history. Step 2 lists the documents required such as identification, income verification, property documents, and additional requirements for foreign nationals. Step 3 indicates you can submit the application and documents to BDO home loan sales representatives in various regions and provinces of the Philippines.

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62 views2 pages

Step 1: Check Your Qualifications

This document outlines the 3 step process for applying for a home loan from BDO bank. Step 1 describes the qualification requirements including age, income level, citizenship status, and employment history. Step 2 lists the documents required such as identification, income verification, property documents, and additional requirements for foreign nationals. Step 3 indicates you can submit the application and documents to BDO home loan sales representatives in various regions and provinces of the Philippines.

Uploaded by

rauden
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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STEP 1: CHECK YOUR QUALIFICATIONS

At least 21 years old but not exceeding 65 years at the end of loan term
Filipino citizens or Foreign nationals
Minimum gross family income of P50,000/month (or its equivalent in USD)
Stable source of income from employment or business
If locally employed, at least 2 years with current company
If employed abroad
2 years consecutive contract for skilled workers or
3 years consecutive contract for household workers
Assignment of Attorney-in-Fact as Loan Administrator if not in the Philippines at the time of
application. Click here for the standard SPA form.
If self-employed, at least 2 consecutive profitable years of operation

STEP 2: PREPARE THE REQUIREMENTS

Basic Documents
Filled-out and signed application form
Clear copy of one (1) valid ID matching application details
Marriage contract (if applicable)

Income Documents
If employed
Certificate of Employment (COE) with Salary
If employed abroad
Latest 3 months proof or remittance or
Latest 3 months payslip or
Certificate of Employment or Employment Contract duly authenticated by Phil. Consulate
For seamen, latest Crew Contract and employment history or Crew Contract
If self-employed
Photocopy of Audited Financial Statements for the last 2 years with latest ITR
Bank Statements or Photocopy of Passbook for the last 3 months
Certificate of Business Registration with DTI
Business Background / Company Profile
Visa Requirements for Foreigner nationals (whichever is
applicable)
Quota or Preference Immigrant Visa (Section 13 of Philippine Immigration Act)
Non-Quota Immigration Visa such as:
Alien Spouse of a Filipino citizen (Section 13A Visa)
Child born outside of the Philippines to a Mother holding Section 13A Visa
Child born in the Philippines to a Mohter granted Section13A Visa
Natural-born Filipinos married to an Alien (Section 13D)
Returning Resident (Section 13E)
Natural-born Filipinos naturalized by a foreign country (Section 13G)
Working Visa issued to Embassy Officials
Photocopy of Special Retiree's Resident Visa (SRRV) or Quota/Preference Immigrant Visa
Permanent Resident Status and working Visa granted by Subic Bay Metropolitan Authority
(SBMA)

Collateral Documents
Photocopy of TCT / CCT
Photocopy of Tax Declaration
If Construction Loan
Building / Floor Plan of proposed improvement
Bill of materials
Specification of proposed finishes
If Refinancing / Loan Take Out
Statement of Account from current bank and official receipts for the last three (3) months

STEP 3: SUBMIT THE REQUIREMENTS

You can submit your application requirements through the following channels
BDO Home Loan Sales:
For Metro Manila (02) 840-7100
For Central Luzon
Bulacan : (044) 791-3125
San Fernando : (045) 961-8671
Bataan Zambales : (045) 961-8671
Angeles : (045) 887-0793
Tarlac / Cabanatuan : (045) 491-3324
For North Luzon
Baguio : (074) 442-3052
Laoag : (077) 670-7489
Tuguegarao : (078) 304-0081
Isabela : (078) 305-1593
Dagupan : (075) 653-4579
For South Luzon
Batangas : (043) 723-3126
Bacolod : (034) 435-0731
GenSan : (083) 552-1632

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