Requirements for Buyers
For 100% Spot Cash LOT Buyers
- Photocopy of Two (2) Valid Government-issued IDs
- BIR Tax Identification Number, if none, accomplished BIR Form 1904
- Photocopy of PSA Marriage Contract (if applicable)
- Original and Latest of two (2) proof of billing
Requirements for Lot Buyers (In-house financing)
- Photocopy of Two (2) Valid Government-issued IDs
- 2x2 ID Picture
- Photocopy of Birth Certificate*
- Photocopy of Proof of Civil Status*: CENOMAR, Marriage Contract or Death Certificate - whichever is applicable
- Original and Latest of two (2) proof of billing
- BIR Tax Identification Number, if none, accomplished BIR Form 1904
- Post-dated checks for Down Payment
- For Buyers Abroad (OFWs): Attorney-in-Fact / loan administrator (preferably a next of kin); full name, contact details, mailing address and valid government IDs
- For Buyers married to foreigners:
a. Foreigner spouse must submit an original and notarized “Waiver of Conjugal Rights”
b. Photocopy of passport of foreigner spouse with 3 specimen signatures
- For Buyers who were formerly Filipino Citizens:
a. Duly notarized Affidavit of Declaration of Citizenship
b. Duly Notarized Sworn Statement (in compliance with Batas Pambansa Blg. 185)
- For Buyers below 18 years of age (minors):
a. Birth Certificate of minor
b. Affidavit of Guardianship (mother/father)
*All certificates must be up-to-date and issued by the Philippine Statistics Authority (PSA)
REQUIREMENTS FOR Lot Buyers (Bank Financing)
1. Locally Employed
- Latest COE
- Latest 3 months pay slip
- Latest ITR
- Authorization letter to verify employment
a. Other Income Docs
- Bank statements of payroll account, with authorization letter to verify
b. Commission-Based
- Certificate of employment stating commissions received prior year/months/period and Commissions Receivable, if any
- Bank statement where commission is credited, with authorization letter to verify
c. Foreigners
- Filipino spouse to act as primary borrower
2. Pensioner
- Certificate of Pension, with authorization letter to verify
- Bank statements of pension account, with authorization letter to verify
- SSN
3. OFWs
- Latest Contract, with authorization letter to verify
- Proof of bank remittance, with authorization letter to verify
- Details of crewing manager for seafarers
- Attorney-in-Fact / loan administrator (preferably a next of kin); full name, contact details, mailing address and valid government IDs
4. Self-Employed
- Valid DTI Registration or Mayor’s Permit
- Latest ITR with audited financial statements
- Working account (6mos) with authorization letter to verify
- Trade references with complete contact information (business name, complete address, contact person, business phone number) * Major suppliers (at least 3) * Major clients (at least 3)
- Authorization letter to conduct trade verification
a. Additional for part owners of a Partnership/Corporation:
- Individual ITR
- Payroll account where claimed salaries are credit, with authorization letter to verify
b. Additional for rental properties:
- Copy of TCTs/CCTs
- Copy of valid and notarized lease contracts Additional for transport business:
- Copy of LTFRB franchise decision of all units
- Copy of OR and CR of all units
- Authorization letter to conduct franchise verification with LTFRB
- Copy of valid ID of franchise owner
5. Practicing Professionals
- Working account with authorization letter to verify
- Latest ITR with audited financial statements
- Clinic/office address with complete contact details (as applicable)
Collateral Documents
- Photocopy of Owner's Duplicate Copy of the Condominium Certificate of Title or Transfer Certificate of Title (as applicable)
- Photocopy of the updated Tax Declaration, Tax Clearance, Tax Receipt
- Signed Authorization Letter for Tax Mapping and Inspection of Property (for properties in secondary market)
- Photocopy of notarized Contract-to-Sell or Offer-to-Sell from registered owner of property (for private sellers)
- Photocopy of notarized Contract-to-Sell / Letter of Endorsement / Official Computation Sheet from developers (for accredited developer tie-up properties)
- Non-refundable Appraisal Fee of Php 5,000 (inclusive of title verification)
- Photocopy of latest Statement of Account with existing mortgagor (for refinancing)
- For House Construction: Complete set of Building Plan, Bill of Materials, Scope of Work/Cost Estimates (for construction loan)
Copyright © 2014-2023 colinasverdes.net - All Rights Reserved. Prices and availability of properties are subject to change without prior notice.
