Guide on PNB Housing Loan Requirements for Application Process
PNB HOUSING LOAN REQUIREMENTS – Here are the documents that you will need to apply for the Philippine National Bank loan offer.
One of the reputable banks that is serving the Filipino people for more than nine (9) decades now is the Philippine National Bank. More popularly called PNB, it is a former government bank that was privatized in 2007.
PNB has massively grown throughout the nation. It has several branches across the nation that make its offers accessible to the public. It provides the following finance products and services:
- bank accounts (savings, checking, time deposit, and foreign currency)
- credit cards
- loans (personal loan, housing loan, auto loan)
- investment products
- remittance services
- insurance policies
One of the loans offered by the Philippine National Bank is the PNB Housing Loan which can help you in achieving your dream house. There are varying PNB Housing Loan requirements under the offer depending if you are locally-employed, self-employed, with a corporate business, or an overseas Filipino worker.
Here is a guide on the PNB Housing Loan requirements you must submit to apply for the loan offer:
Locally-Employed Individuals
- duly-accomplished and signed PNB Housing Loan Application Form
- clear copy of one (1) Valid ID of Borrower/Spouse/Co-borrower/signatories of the loan
- any of the following income documents:
- Latest Certificate of Employment with Compensation
- Latest ITR (Income Tax Return)
- Latest 3 mos Payslip
Self-Employed Individuals
- duly-accomplished and signed PNB Housing Loan Application Form
- clear copy of one (1) Valid ID of Borrower/Spouse/Co-borrower/signatories of the loan
- any of the following income documents:
- 6 months Bank Statement
- ITR or Annual Financial Statement
Individuals with Corporate Business
- duly-accomplished and signed PNB Housing Loan Application Form
- clear copy of one (1) Valid ID of Borrower/Spouse/Co-borrower/signatories of the loan
- 6 months Bank Statement
- SEC Registration
- General Information Sheet
- TR/AFS
Overseas Filipino Workers (OFWs)
- duly-accomplished and signed PNB Housing Loan Application Form
- clear copy of one (1) Valid ID of Borrower/Spouse/Co-borrower/signatories of the loan
- any of the following income documents:
- Latest contract of Employment
- Latest Certificate of Employment with Compensation
- Latest 3 mos Payslip
Also part of the PNB Housing Loan requirements that you must prepare and submit in applying for the loan offer are collateral documents. Here are the documents that you need to prepare based on the purpose of loan application:
- General Requirements:
- Copy of collateral Title (TCT,CCT)
- Copy of Tax declaration on Land &/or building
- Lot Plan and Vicinity Map
- For Construction Purpose:
- Building/Floor Plan Building
- Specification
- Bill of Materials
- For Acquisition from Accredited Developer:
- Contract to Sell
- For Purchase of House and Lot/Vacant Lot
- Deed of Absolute Sale or Contract to Sell
- Refinancing/Loan Take-out:
- Statement of Account from Mortgagee bank
