What Are the Requirements of the China Bank Home Loan?

All borrowers are required to submit the documents below:

General Documents:
● Accomplished China Bank HomePlus Loan application form
● Valid IDs (TIN, passport, company ID, driver’s license)
● Marriage contract (if married)
● Deposit Statements of Accounts for the last six months

Income Documents:
Depending on your employment classification, the following additional documents may be asked from you.
If Locally Employed
● Latest Income Tax Return (ITR) / W-2 Form
● Certificate of Employment indicating length of service and monthly compensation package

Self-Employed
● Audited Financial Statements and ITR for the last 3 years (BIR stamped)
● Certificate of Registration of Business Name
● Business Profile
● List of trade references (at least 3 names with telephone nos. of major suppliers/customers)

If OFW (documents have to be authenticated by the Philippine Embassy/Consul if issued abroad):
● Certificate of Employment stating length of service and monthly compensation package
● POEA Contract
● ITR (if any)
● Payslips (last 6 months)
● Special Power of Attorney (Bank Form)

Collateral documents:
● Condominium Certificate of Title of unit and parking lot (if any)
● Current Tax Declaration (unit and parking lot, if any)
● Current Tax Receipts (unit and parking lot, if any)
● Location Plan
● Occupancy Permit