Buyer’s Guide

You are one step closer to owning your own COHO property! Here is a complete step-by-step guide that will walk you through everything you’ll need to make this smart investment happen

Standard Documentary Requirements

  • Birth Certificate / Marriage Certificate ( Principal Buyer/ Co-borrower/Spouse/SPA)
  • CENOMAR (PB/CB) if single
  • TIN Number ( PB/ Co-borrower/ SPA)
  • 2×2 pictures (PB/ CB/SPA)
  • 2 valid Government issued ID ( PB/CB/SPA)
  • Latest proof of billing (PB/SPA)
  • Postdated Checks

Income Documents

Locally Employed

  • Original Certificate of Employment and Compensation
  • ITR for the last two years
  • Payslips for the last three months
  • Vouchers for the last six months ( for commission based income)
  • Bank Statements

Self Employed

  • Business Registration ( DTI/SEC)
  • Mayor’s Permit
  • ITR for the last 2 years
  • Audited Financial Statements (for the last 2 years)
  • Franchise OR/CR ( for bus, jeepneys, taxi operators)
  • Bank Statement for the last six months
  • Company Profile
  • PRC License for Practice of Profession

OFW

  • Original Certificate of Employment and Compensation
  • Photocopy of Contract of Employment
  • Photocopy of payslips ( at least 3 months)
  • Proof of remittances ( at least 3 months )
  • Bank statements ( for the last 6 months )
  • Photocopy of Passport with entries & exit stamps
  • Visa/working permit
  • Seaman’s book if applicable

Additional Requirements

  • Notarized/Consularized Special Power of Attorney (if applicable)
  • Court Order of Finality ( if legally separated/annulled)
  • Oath of Allegiance ( for dual Citizens)
  1. Sales Admin account officer will forward bank folder to accredited banks for all bank financing accounts upon submission of complete documents
  2. Comply lacking requirements as required by bank
  3. Once approved, buyer shall sign Letter of Guaranty. If not approved, buyer will shift to In House Financing.
  4. Letter of Guaranty and other loan documents will be signed by buyer then routed to signatories
  5. All required documents should be completed by the client
  6. Submission to bank of notarized loan documents.
  7. Bank will process the release of loan to the develop.