Requirements

Basic requirements (for both spouses):

• Housing loan application from (completely filled out)

• Valid IDs and recent photo of spouses

• Marriage Certificate (if married) and Death Certificate (if widowed)

Income/Employment:

• If Employed:

  1. Certificate of Employment for both spouses

  2. Income Tax Return (for the last 2 years)

• Self-employed / Entrepreneurs:

  1. Business Registration/Permits

  2. Financial Statements (last 2 years In-house and Audited)

  3. Company profile/business background or List of Major Suppliers and Customers with contact details (at least 5)

  4. Income Tax Return (last 2 years)

  5. Latest 6 months Bank Statements/Passbook

• Overseas Workers:

  1. Contract of Employment / Employment Certificate

  2. History of Employment / Latest Crew Contact (if applicant is a Seafarer)

  3. Special Power of Attorney (using Maybank’s format)

  4. Latest 6 months bank statements/proof of remittance

  5. Latest ITR (if applicable)

Collateral

• House and Lot:

1. Copy of Tax Declaration (Lot and Improvement)

2. Copy of Transfer Certificate of Title (TCT)

• Condominium:

1. Copy of Condominium Certificate of Title (CCT)

2. Copy of Master Deed of Declaration and Restriction Copy of Tax Declaration

• Home Construction:

1. Building Plan

2. Bill of Materials/Construction Cost Estimates

• Refinancing:

1. Updated Statement of Account from originating institution

***Please note that additional requirements may be asked based on the nature of the borrower’s profile / account / collateral type.

Bank’s Forms

• Application Form

• List of Requirements

• Authority to Conduct C.I.

• Life Insurance Form

• SPA Forms

Interest Rates

• 1 year fixing : 6.75% p.a.

• 3 year fixing : 7.25% p.a.

• 5 year fixing : 7.50% p.a.

Subject to annual repricing thereafter.
Indicative rates only. For final rates you may contact Maybank at (+632) 8588-3888

Guidelines/Pointers

• Registered first real estate mortgage (REM) over the financed property.

• All properties are subject for appraisal. Appraisal fee (non-refundable) within Metro Manila is
  P 4,500.00 and P 5,500.00++ outside Metro Manila.

• Payment of Registration Fees, Processing Fees, Insurance Premiums and other incidental expenses are for the borrower’s account.

• Monthly amortization may be paid via Post Dated Checks (PDCs) or Auto Debit from client’s MPI CASA account. Repayment will commence after 1 month from loan release.

• Loan account is subject for Life/Mortgage Redemption Insurance (MRI) and Fire Insurance (FI) coverage.

• Submission of application and requirements can be made to any Maybank branches near you.