Full List of Landbank Home Loan Requirements 2023 in Applying
LANDBANK HOME LOAN REQUIREMENTS 2023 – You can check the list below for the documents needed in applying for the loan offer.
Banks are among the entities that you may turn to in applying for a home loan. Each of the offers come with a unique set of features. If you are looking for an offer from a state-run banking company, you can consider the Landbank Easy Home Loan offer.
Aside from the bank accounts and the Landbank credit card, the government bank also offers a Home Loan that is is open to finance several purposes. You may apply for the said loan offer to finance any of the following:
- purchase of vacant lot
- house and lot acquisition
- purchase of condominium unit
- buying a townhouse
- house construction
- home renovation
- refinancing of an existing housing loan
Under the Landbank Home Loan offer, both employed and self-employed individuals may qualify provided that the loan application pass the Landbank Home Loan requirements for eligibility. To qualify, the borrow must be:
- a Filipino citizen
- 21 years old and above upon the loan application but must not exceed 65 years old upon the date of the loan maturity
- gainfully employed or self-employed with a lawful and profitable business
Aside from the qualifications posted above, the loan applicant must also comply with the documentary requirements for Landbank Home Loan 2023 application. If you are employed, you must prepare the following documents and submit them to the bank for application:
- Personal Information Data Sheet
- Certificate of employment
- Latest pay slip indicating net take home pay of borrower
- Any two (2) of the following latest Billing Statements:
- Electric Bill
- Phone Bill
- Water Bill
- Credit Card Bill
- TV Subscription Bill
For self-employed loan applicants, Landbank has set a different list of documentary requirements for application. Here are the documents that you must prepare and submit to the government bank in applying for the loan offer:
- Business Registration and Licenses
- Biodata
- BIR-stamped Financial Statements and Income Tax Returns for the last three years