Check the Landbank Home Loan Requirements Below To Apply
Listed below are the Landbank Home Loan requirements for application that the aspiring borrowers must submit in applying for the offer.
In the Philippines, one of the banks that you may turn to for loans is the Landbank of the Philippines which is a government banking entity in the country. Its offers include not only loans but as well as credit cards and different types of bank accounts.
With regards to its loan offers, one of the loans of the government bank is the Landbank Easy Home Loan. It has helped several Filipino families obtain a residential property of their own as it is open to finance different types of purposes related to residential properties.
In fact, the said offer is also open to refinancing existing home loans. There are Landbank Home Loan requirements that you need to submit to the government bank in applying for offer. Here are the documents required by the bank:
Employed individuals:
- Personal Information Data Sheet
- Certificate of employment
- Latest pay slip indicating net take home pay of borrower
- Any two of the following latest Billing Statements:
- Electric Bill
- Phone Bill
- Water Bill
- Credit Card Bill
- TV Subscription Bill
Private individuals owning their business / With established source of income:
- Business Registration and Licenses
- Biodata
- BIR-stamped Financial Statements and Income Tax Returns for the last three years
In the case of acquiring a condominium unit under the loan offer, there is a uniform list of the Landbank Home Loan requirements for both employed and self-employed clients. Here are the documents required by the government bank:
- Master Deed of Restriction
- Building and Unit Floor Plan
- HLURB Permit to Sell
- HLURB Locational Clearance
The loan applications must be filed at the service lending center of the Landbank of the Philippines. It is important to follow the steps to ensure a smooth process in applying for the home loan offer of the government bank.