Lists of AUB Home Loan Requirements for Application Process

AUB HOME LOAN REQUIREMENTS – You can check here the documents required in applying for the Asia United Bank Home Loan offer.

Have you heard about the home loan offer of the Asia United Bank? More popularly called AUB, it is one of the trusted banking entity in the country and it actually has several offers:

• deposit accounts (savings, current, and time deposit accounts)
• loans (motor vehicle, home, salary, and commercial loans)
• investment products
• cash management services
• credit cards

Are you excited to get your own house but you don’t want to make it under a cash payment? You may turn to the AUB Home Loan. Through it, you can start enjoying the benefits of living in your own house while paying for it in installments based on your preferred loan term and interest rate based on the options provided by the bank.

The loan offer is open for both salaried and non-salaried individuals. There are varying AUB Home Loan requirements based on the nature of the source of income.

For the employed individuals, here are the documents required by the Asia United Bank in applying for the loan offer:

• duly-accomplished and signed AUB Home Loan Application Form
• photocopy of two (2) valid IDs each from the principal borrower and co-borrower
• photocopy of Marriage Contract or CENOMAR, as applicable
• proof of income:
  • photocopy of Certificate of Employment
  • photocopy of latest three (3) months payslip
  • photocopy of latest Income Tax return / BIR form 2316

For the self-employed individuals, here are the documents required by the AUB under its Home Loan offer:

• duly-accomplished and signed AUB Home Loan Application Form
• photocopy of two (2) valid IDs each from the principal borrower and co-borrower
• photocopy of Marriage Contract or CENOMAR, as applicable
• proof of income:
  • photocopy of Business Registration Papers i.e., SEC Registration / Articles of
  • Incorporation / -laws / GIS or DTI Certificates Mayor’s Permit / Business Permit
  • photocopy of latest three (3) months bank statements
  • photocopy of Audited Financial Statements (for the last 2 years)
  • photocopy of Income Tax Return (for the last 2 years)
  • list of major trade suppliers and customers w/ contact details (if applicable)

The AUB Home Loan requirements also include the collateral documents required by the bank in applying for the loan offer. Here are the collateral requirements of the bank:

• copy of collateral title (TCT /CCT)
• Statement of Account, Reservation Agreement/ Contract to Sell
• photocopy of the lot plan / vicinity map / subdivision plan
• photocopy of updated Tax Declaration, Tax Receipts and Tax Clearance

Aside from the Asia United Bank, another reputable entity with a home loan offer is the Robinsons Bank. Its offer is also packed with excellent features.