Arelle Valla

PRE-QUALIFICATION REQUIREMENTS for Real Estate Bank Financing Loans 

I would like to share with you what will be required of you to secure a Bank Financing Loan depending on your source of income.  

If Employed within the Philippines -        

Certificate of Employment (COE) with salary and position      

 Latest Income Tax Return  

If Overseas Filipino Worker (OFW)

Crew Contract and Exit Pass form POEA (Seaman)

Contract/Certificate of Employment (COE)

Authenticated by the Philippine Consulate (direct-hired) or Verification with the Employer thru E-mail.

Or 6 Months Proof of Remittance (i.e passbook, bank statement or remittance receipts) 

If Practicing Doctor

Clinic Address Latest

Income Tax ReturnBank Statements for the last 6 months 

If Self-employed within the Philippines

Business Name (DTI)or SEC Registration Certificate

Articles of Incorporation and By Laws

Last 3 years Income Tax Return & Audited Financial Statements

Bank Statements for the past 6 months

 If from Commission

Latest Income Tax Return

Vouchers or Bank Statements for the past 6 months

If from Rental of Properties

Latest Income Tax Return

Lease Contracts of Bank Statements for the last 6 months 

You may see the usual Bank Charges here.

You will of course be subject to a credit check or CI (credit investigation). It’s better if you have a very good credit standing, meaning you pay your loans and credit card bills on time.

*The above are standard documentations in securing a bank financing facility, the bank may require supplementary documentations and considerations for approval may vary from bank to bank.