Housing Loan Guide · Philippines
Buying a property from an individual seller or a developer.
Licensed professionals — doctors, dentists, lawyers, engineers — sit in a hybrid category: part self-employed, part institution-backed. Banks want to see your PRC license, proof you're actively practicing (a clinic schedule or hospital affiliation works), and that professional fees are actually landing in your bank account. Once that's established, lenders tend to view licensed professionals favorably. An Acquisition Loan is the loan most Filipinos picture when they think "housing loan" — you're buying a specific property, whether from an individual seller (a resale unit or lot) or directly from a developer (pre-selling or ready-for-occupancy). The bank evaluates both your income and the property itself, since the property becomes the collateral securing the loan. One thing specific to Professional applicants: clinic/hospital verification is common. Below is the complete, up-to-date checklist for a Professional borrower pursuing an Acquisition 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.
The loan is officially annotated on the property's title.
Funds are disbursed and the process is complete.
Pre-Approval
Pre-Approval
Good to Know
Clinic/hospital verification is common.
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
Yes. Acquisition loans cover both ready-for-occupancy and pre-selling properties, though the bank will check the developer's accreditation status and the project's completion timeline.
Yes — an Acquisition Loan requires a Contract to Sell or Offer to Purchase for a specific property before the bank can process your application.
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