LandBank Easy Home Loan Requirements You Must Submit To Apply

Guide on LandBank Easy Home Loan Requirements for Application

LANDBANK EASY HOME LOAN REQUIREMENTS – Here are the documents required by the government bank in applying for the loan offer.

Are you excited to have your own house soon? One of the housing loan offers that you may turn to is the Easy Home Loan provided by the Land Bank of the Philippines.

More popularly called LandBank, the government banking entity, under the offer, is ready to finance a residential property acquisition, a house construction, and a refinancing of an existing home loan.

The LandBank Easy Home Loan requirements for application include both a set of eligibility criteria and the documents required by the bank for application. Here are the qualifications in applying for the loan offer:

• Filipino citizens
• 21 years old (must not be more than 65 years of age upon loan’s maturity)
• Borrowers who are either gainfully employed or with lawful and profitable business

With regards to the documentary requirements in applying for the LandBank Easy Home Loan offer, it depends if the applicant is employed or self-employed. Here are the required documents for submission to apply for the offer:

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

Self-Employed Individuals:

• Business Registration and Licenses
• Biodata
• BIR-stamped Financial Statements and Income Tax Returns for the last three years

There are also specific LandBank Easy Home Loan requirements for application for the purpose of condominium unit acquisition. Here are the documents required by the bank:

• Master Deed of Restriction
• Building and Unit Floor Plan
• HLURB Permit to Sell
• HLURB Locational Clearance

The loan application may be submitted at the servicing lending center in your province. Here’s a guide: