List of Landbank Home Loan Requirements You Need To Prepare in Applying
LANDBANK HOME LOAN REQUIREMENTS – Here is a list of the requirements that you need to prepare in applying for a housing loan to Landbank.
One of the loans that Landbank, the government bank of the Philippines, offer is a home loan. An applicant can apply for any of these purposes listed below:
- Purchase of Lot / House and Lot / Townhouse / Condominium Unit / Other Residential Unit
- Construction of Residential Building on Borrower-Owned Lot
- Refinancing of Housing Loans with Other Banks
To apply for the housing loan, you may begin with preparing the Landbank Home Loan requirements. The documents needed to be prepared may vary depending on the employment status of the applicant.
Based on the official website of Landbank, here is a full list of the Landbank Home Loan requirements that an applicant must prepare depending if he or she is employed, a business owner, or with a stable source of income:
For Employed Applicants:
- Personal Information Data Sheet
- Certificate of employment
- Latest payslip indicating net take-home pay of borrower
- Any two of the following latest Billing Statements: Electric Bill, Phone Bill, Water Bill, Credit Card Bill, or TV Subscription Bill
For Private Individuals Applicants Owning A Business or Having Stable Source of Income:
- Business Registration and Licenses
- Biodata
- BIR-stamped Financial Statements and Income Tax Returns for the last three years
For Applicants of Home Loan for Purchase of Condo (Applicable to Both Employed and Private Individuals with Business)
- Master Deed of Restriction
- Building and Unit Floor Plan
- HLURB Permit to Sell
- HLURB Locational Clearance
Bring these requirements to the Landbank branch where you want to make your application for the Home Loan. Present them to a bank staff or officer after filling in the form.
Thank you for visiting our website. We’re glad to have helped you in preparing the requirements for the Landbank Home Loan.
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