| Checklist of Requirements |
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| PRE-PROCESSING |
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| A. |
Housing Loan Information |
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Duly accomplished Application Form |
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| B. |
Income Documents |
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Seafarer |
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POEA-authenticated contract with accredited Manning Agency |
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Office Personnel |
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Certificate of Employment from the Manning Agency indicating annual salary and position |
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| C. |
Collateral Documents |
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For Accredited Real Estate Developer |
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No need to submit any document |
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For Construction |
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1. |
Building plans and specification |
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2. |
Bill of materials and scope of work |
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Refinancing |
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1. |
Official receipt of payment for the last six months or Bank Statements of deposit account where amortization was debited. |
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2. |
Statement of Account from other banks showing loan outstanding balance. |
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| D. |
Processing Fees |
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| POST APPROVAL |
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Original Owner's Copy of TCT/CCT |
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Certified True Copy of the latest Realty Tax Declaration on land and improvements under the name of the borrower/mortgagor |
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Original Copy of latest Real Estate Tax Clearance |
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Photocopy of latest Community Tax Certificate |
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Health Declaration Form for MRI enrollment with Ayala Life |
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Medical Examination with Ayala Life, if applicable |
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Fire/Lightning/Earthquake insurance coverage through BPI/MS, if applicable |
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Opening of Deposit Account with BPI Direct Savings Bank |
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Four copies of Special Power of Attorney, if applicable |
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| FEES |
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Mortgage Registration Fees |
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Mortgage Redemption Insurance Premium |
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Fire/Lightning/Earthquake Insurance Premium |
