UnionBank Home Loan Requirements You Must Submit To Apply for Offer

Guide on UnionBank Home Loan Requirements for Application

UNIONBANK HOME LOAN REQUIREMENTS – Here are the lists of the documents required in applying for the UnionBank loan offer.

In these present times, you do not have to wait for years or, worst, decades, so you can finally be under a roof that you can call your own. There are home loan offers that can help you fast-track the goal of having your own house.

Among the entities that offer home loans are banks. In the Philippines, one of the reputable banks that you may turn to is the UnionBank.

The UnionBank has several offers from the different bank accounts to investment and wealth products and services to loans and a lot more. One of its loan offers is the UnionBank Home Loan.

The Home Loan offer of the trusted bank can finance the purchase of a residential unit whether you want to purchase a vacant lot, a house and lot, a townhouse, or a condominium unit.

Under the loan offer, the bank can finance up to 90% of the total contract price for the purchase of the property and the borrowed amount is payable for up to 25 years depending on the type of property. To apply for the loan, there are UnionBank Home Loan requirements that you must prepare and submit for application.

There are varying UnionBank Home Loan requirements among the employed and self-employed individuals. There is also a unique set of documents required for overseas Filipino workers (OFWs) who want to apply for the loan offer. Here’s a guide:

For Employed

• duly-accomplished UnionBank Home Loan Application Form
• valid Government Issued Identification Card
• Marriage Contract, if married / Certificate of No Marriage, if single
• valid Government Issued Identification Card for nominated Attorney in Fact (AIF), if applicable
• valid Alien Certificate of Registration (ACR) with permanent residency status and official receipt, if applicable
• Latest Certificate of Employment (COE) with compensation
• Latest 3 months pay slips
• Latest BIR stamped Income Tax Return (ITR) or Form 2316

For Self-Employed

• duly-accomplished UnionBank Home Loan Application Form
• valid Government Issued Identification Card
• Marriage Contract, if married / Certificate of No Marriage, if single
• valid Government Issued Identification Card for nominated Attorney in Fact (AIF), if applicable
• valid Alien Certificate of Registration (ACR) with permanent residency status and official receipt, if applicable
• Business Permit
• Securities and Exchange Commission (SEC) Registration
• Department of Trade and Industry (DTI) Registration (if Sole Proprietorship)
• Articles of Incorporation with By Laws and General Information Sheet (GIS) (if (Corporation)
• Certificate of Incorporation (if Corporation)
• Latest BIR stamped Income Tax Return (ITR) or Form 1701 with Audited Financial Statement
• Trade Reference or List of Customers and Suppliers with Name, Office Number and Office Address

For Overseas Filipino Workers

• duly-accomplished UnionBank Home Loan Application Form
• valid Government Issued Identification Card
• Marriage Contract, if married / Certificate of No Marriage, if single
• valid Government Issued Identification Card for nominated Attorney in Fact (AIF), if applicable
• valid Alien Certificate of Registration (ACR) with permanent residency status and official receipt, if applicable
• Latest Certificate of Employment (COE) with compensation
• Latest Contract of Employment
• Latest Photocopy of Proof of Entry and Exit Points Stamps
• Latest Photocopy of Seaman’s Book (if applicable)
• Notarized or Apostilled Special Power of Attorney designating documents for and in behalf of the applicant

Aside from the personal documents, also part of the UnionBank Home Loan requirements are some collateral documents. Here’s a guide: