| Checklist of Requirements |
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| Pre-processing Requirements |
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| A. |
Borrower Information |
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Duly accomplished application form |
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2 valid identification cards |
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| B. |
Income Documents |
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If locally employed |
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Certificate of Employment (COE) indicating salary, position & length of service |
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Income Tax Return (ITR) for the last 2 years or W2 |
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If Expat Pinoy (Overseas Filipino Worker) |
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Certificate of Employment duly authenticated by the Philippine Consulate |
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Crew Contract & Exit Pass from POEA (for seafarers) |
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Proof of monthly remittances |
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Notarized or authenticated Special Power of Attorney (BPIFSB format) |
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If Self-Employed |
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Articles of Incorporation/By-laws/SEC Registration |
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Audited Financial Statements for the last 2 years |
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Department of Trade & Industry (DTI) Registration |
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ITR with Statement of Assets & Liabilities (SAL) for the past 2 years |
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Bank statements for the last 6 months |
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List of Trade References (at least 3 names with contact nos. of major suppliers/customers) |
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If Practicing Doctor |
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Clinic address/es and schedules |
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If from Commission |
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Vouchers or bank statements (for the last 6 months reflecting commission income) |
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If from Rental of Properties |
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Rental/Lease contracts (indicating name of tenants & rental amounts with complete addresses of properties being rented) |
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Photocopy of Transfer Certificate of Title (TCT) &/or Condominium Certificate of Title (CCT) |
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| C. |
Collateral Documents |
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Clear copy of owner's duplicate of TCT/CCT |
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Lot/Vicinity map certified by geodetic engineer |
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Photocopy of tax declaration/tax receipts/tax clearance |
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Endorsement letter/computation sheet/contract to sell from developer stating the contract price (for accredited developer project) |
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For Construction Loan |
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Complete set of building plan |
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Bill of materials/specification/cost estimates |
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Building permit |
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Refinancing of Loan |
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Statement of account from mortgage lender |
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Proof of payment for the last 6 months |
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| D. |
Fees |
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Non-refundable appraisal fee of P3,000 |
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| Post Approval Requirements |
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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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Health Declaration form (supplied) 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 any BPI or BPI Family Savings Bank |
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For Corporate borrowers, Board Resolution/Secretary's Certificate (form supplied), if applicable |
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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 |
