Lists of Landbank Housing Loan Requirements under Developer’s End-Buyers Financing Tie-up Agreement
LANDBANK HOUSING LOAN REQUIREMENTS – Here are the documents that the Land Bank of the Philippines require among developers and end-buyers.
Land Bank of the Philippines is not only in the pursuit of helping the Filipinos acquire residential properties in affordable ways but as well as the developers in growing their business by supporting their projects.
The government bank is ready to support the end-buyer’s home acquisition or construction. It can also finance both the acquisition or purchase of a lot property and the construction of a house.
The offer is not only open for property acquisitions involving Landbank-accredited developers but as well as well as the projects of developers and their subsidiaries with no existing credit lines with the bank but have passed the “Accreditation Process”.
To apply for the offer, there are Landbank Housing Loan requirements set for developers and end-buyers. Here are the documents that end-buyers/borrowers must comply and submit to the bank to apply for the offer:
- Duly accomplished loan application form with 1″ X 1″ photo
- Latest certificate of income and employment
- Latest Income Tax Return with BIR stamp
- Marriage Contract, if applicable
In the case of the developers, here are the LandBank Housing Loan requirements set under the Developer’s End-Buyers Financing Tie-up Agreement:
- Photocopy of TCT/CCT
- Photocopy of tax declaration (land improvements)
- Certified Lot Plan
- Certified Location and Vicinity Map
- Latest Real Estates Tax Receipt
- Photocopy of TCT/CCTContract to Sell/Presell
- Master Deed of Restriction, in case of condominium
- HLURB Certification of Registration of Project
- HLURB Locational Clearance
Aside from the LandBank Housing Loans that locally-employed individuals and self-employed individuals and developers may apply for, the government bank also has a housing loan offer specifically designed for overseas Filipino workers (OFWs) through the Bahay Para Sa Bagong Bayani (3B).
