Housing Loan Guide · Philippines
Buying from a developer accredited with the bank. Skips appraisal and title transfer prior to loan release.
If you're working full-time for a Philippine-based company, you're in the fastest lane for loan approval. Banks trust local employment income because it's easy to verify — payroll records, BIR forms, and payslips all line up. Most employed applicants clear pre-approval within a couple of weeks, assuming documents are complete and your existing debts don't eat too much into your monthly income. A Tie-Up loan applies when you're buying from a developer that's already accredited with the bank. That existing relationship lets the bank skip a separate appraisal and defers the title transfer until after the loan is released — shaving real time off the process compared to buying from an individual seller. Since Tie-Up loans skip the pre-approval title transfer, an Employed (Local) borrower here can often move from application to approval noticeably faster than with a standard acquisition. Below is the complete, up-to-date checklist for an Employed (Local) borrower pursuing a Tie-Up loan in the Philippines — 8 borrower-side documents plus everything the bank needs on the property side.
Process
Submit and complete all borrower and loan documents listed above.
You're confirmed income-qualified and cleared to proceed.
The property passes appraisal and title verification.
The bank formally guarantees the loan to the seller or developer.
Funds are disbursed and the process is complete.
Pre-Approval
Pre-Approval
What Happens Next
You're confirmed income-qualified.
Income Matching
Your monthly amortization should be 50% or below of your monthly income.
GMIR = 50% of Monthly Income
Adjusted GMIR = GMIR − Existing Monthly Amortizations
Loan Amount = Adjusted GMIR × (1 − (1 + r/12)⁻ⁿˣ¹²) / (r/12)
Post-Approval
FAQ
Because the bank already has an accreditation relationship with the developer, it can skip a separate property appraisal and defer title transfer until after the loan releases.
No — only developers formally accredited with the specific bank you're applying through.
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