Carousel

Advertisement
SEARCH THIS SITE
JBSOLIS is a site for overseas Filipino workers, health and insurances, OWWA, PAG-IBIG, bank and cash loans, foreclosed properties, small house designs, local and overseas job listings.

Friday, May 04, 2018

How to Avail Auto, Salary And Home Loan From Union Bank

Every family dream of having a car of their own and moreso, a house where they can build a happy home. The sad thing is that not every Filipino family has the means to make it happen. Even overseas Filipino workers who dream of these things may need the help of financial institutions where they can get a housing or mortgage loan but requirements are not easy and the interest rates are still heavy to bear. Some banks offer loans that are not too heavy for typical family budget allowing these dreams to become a reality.
Advertisement



Every family dream of having a car of their own and moreso, a house where they can build a happy home. The sad thing is that not every Filipino family has the means to make it happen. Even overseas Filipino workers who dream of these things may need the help of financial institutions where they can get a housing or mortgage loan but requirements are not easy and the interest rates are still heavy to bear. Some banks offer loans that are not too heavy for typical family budget allowing these dreams to become a reality.  Advertisement        Sponsored Links  Auto Loan  First, let us give answers to the commonly asked questions about the UnionBank Auto loan.   1. What type of cars can you purchase?  UnionBank Auto Loans will help you purchase brand new or second-hand cars or brand new light trucks.  2. Are you eligible to get a UnionBank auto loan?  Yes, if you are between 21 to 65 years old with a total monthly income of P50,000. Foreign nationals married to a Filipina or business entities like corporations and partnerships may also apply for an auto loan. The client must be 65 years old upon maturity of the loan.  3. What do you need to submit when you apply for a UnionBank auto loan?  If you are employed, you will need to submit the following: COE - Certificate of employment with compensation Latest Income Tax Return (ITR)* Completely filled up application form, or apply online  * ITR is not required for loan amounts below P3,000,000 If you are self-employed, you will need to submit the following: Business Registration papers (DTI, SEC if applicable) ITR with audited financial statements (2 years) Trade references Completely filled up application form  4. How can you pay for your loan?  Auto Debit Arrangement (ADA) - Automatically deducted from your account. You may open a Checking or Savings Account with us with no maintaining balance; or a Debit GetGo Card. Postdated Checks (PDC)    5. Post Booking FAQs For booked accounts, If you have any concerns about your existing account with us, you may call (02) 841-8600 or email them at autoloans@unionbankph.com    Before making an auto loan you will be asked to complete a self-assessment that looks exactly like the image below.      You may need to fill-up this form legibly and correctly during your application.     To know how much you will need for the auto loan, they provide a calculator on their website that looks like the image below. You may choose any of the provided preference for your dream car.          Home Loan   Who are qualified to apply for UnionBank’s Home Loans?  Individuals who are gainfully employed and with permanent status Individuals engaged in own business operating profitably for at least 2 years or a partner in a registered ownership Must be of legal age, not more than 65 years old upon application and must not exceed the age of 70 years upon loan maturity
 Must have a good credit standing  What type of loan can you avail of?  We are committed to helping you purchase your own lot, townhouse, residential condominium or house and lot from our Accredited Developers. Our minimum loanable amount is P500,000.00, while the maximum loanable amount is up to 90% of the property’s selling price.  What is the maximum term for your home loan?  Maximum of 20 years for locally employed Maximum of 15 years for OFWs   What documents do you need to submit?   Personal Data Documents  Duly filled out Application form Photocopy of Marriage Contract (if applicable) Photocopy of any government-issued ID with picture and signature  Income Documents  For locally employed applicants: Certificate of Employment 3 months latest pay slips  If Overseas Filipino Worker (OFW): Original Consularized Special Power of Attorney (SPA) Passport with entry and exit stamps  For self-employed applicants: Business Registration Latest 6 months Bank Statements Financial Statements
 ITR Top 3 list of suppliers/customers with contact numbers (landline)  Collateral Documents  Contract to Sell or Reservation Agreement Statement of Account  What are the interest rates?   Each rate is fixed to their corresponding period.  RatePeriod 6.50% 1 year 7.50% 3 year 8.50% 5 year 10.50% 10 year 11.50% 15 year   Real Estate Mortgage Fees and Charges  Fees and ChargesReal Estate Mortgage Fees Registration Fees Fees collected relating to the registration of TCT with Register of Deeds and are computed by the RD based on loan amount  Bank Charges Processing Fee P3,500 Metro Manila; P4,000 outside Metro Manila Appraisal Fee P3,500 Metro Manila; P4,000 outside Metro Manila  Other Charges Documentary Stamps Tax collected on legal instruments, loan agreements and other documents which are remitted to Bureau of   Internal Revenue (BIR) REM-Doc Stamp P20 for the 1st P5,000 & P10 for succeeding P5000 PN-Doc Stamp P1 for every P200 or a fraction thereof or P1,160,000 / 200 = P5,800  Mortgage Redemption Insurance Form of life insurance that pays off borrower or the whole of the insured's outstanding mortgage balance in case of death or total disability Loan Amount / 1,000 x (standard rate)  Fire Insurance Insurance that provides protection to your house against loss or damage caused by fire and is computed by the Fire Insurance provider  Notarial Fee Individual Account P400; Developer P800  Amendment Fees and Penalties Full or partial payments made outside the anniversary date of the loan P4,000 Request for shortening or extension of term P4,000 (shortening) P4,200 (extension)  Cancellation of Mortgage (for fully paid accounts) P500 Delinquent Interest on unpaid balance (for fully paid accounts) Delinquent interest (interest rate per PN or the repriced interest) and penalty (36%) on unpaid monthly installment   Accredited Developers Aboitiz Land Brittany Camella Century properties Crown Asia DMCI Empire East Federal Land Filinvest Greenfield Megaworld Robinsons Land Rockwell Land Shang Properties SMDC Suntrust Vista Residences  You can pay your loan by using these two options:  —Auto Debit Arrangement (ADA) - Automatically deducted from your account. You may open a Checking or Savings Account with us with no maintaining balance,; or a Debit GetGo Card.  —Postdated Checks (PDC)  You may need to fill the application correctly and legibly.   Salary loan is also available but it is only offered to the existing Union Bank clients.    For further information, visit their official website or you can go to their nearest branch within your locality.  READ MORE: List of Philippine Embassies And Consulates Around The World    Classic Room Mates You Probably Living With   Do Not Be Fooled By Your Recruitment Agencies, Know Your  Correct Fees    Remittance Fees To Be Imposed On Kuwait Expats Expected To Bring $230 Million Income    TESDA Provides Training For Returning OFWs   Cash Aid To Be Given To Displaced OFWs From Kuwait—OWWA    5 Signs A Person Is Going To Be Poor And 5 Signs You Are Going To Be Rich

Sponsored Links
Auto Loan
First, let us give answers to the commonly asked questions about the UnionBank Auto loan.

1. What type of cars can you purchase?

UnionBank Auto Loans will help you purchase brand new or second-hand cars or brand new light trucks.

2. Are you eligible to get a UnionBank auto loan?

Yes, if you are between 21 to 65 years old with a total monthly income of P50,000. Foreign nationals married to a Filipina or business entities like corporations and partnerships may also apply for an auto loan.
The client must be 65 years old upon maturity of the loan.

3. What do you need to submit when you apply for a UnionBank auto loan?

If you are employed, you will need to submit the following:
COE - Certificate of employment with compensation
Latest Income Tax Return (ITR)*
Completely filled up application form, or apply online

* ITR is not required for loan amounts below P3,000,000
If you are self-employed, you will need to submit the following:
Business Registration papers (DTI, SEC if applicable)
ITR with audited financial statements (2 years)
Trade references
Completely filled up application form

4. How can you pay for your loan?

Auto Debit Arrangement (ADA) - Automatically deducted from your account. You may open a Checking or Savings Account with us with no maintaining balance; or a Debit GetGo Card.
Postdated Checks (PDC)



5. Post Booking FAQs
For booked accounts, If you have any concerns about your existing account with us, you may call (02) 841-8600 or email them at autoloans@unionbankph.com

Before making an auto loan you will be asked to complete a self-assessment that looks exactly like the image below.

Every family dream of having a car of their own and moreso, a house where they can build a happy home. The sad thing is that not every Filipino family has the means to make it happen. Even overseas Filipino workers who dream of these things may need the help of financial institutions where they can get a housing or mortgage loan but requirements are not easy and the interest rates are still heavy to bear. Some banks offer loans that are not too heavy for typical family budget allowing these dreams to become a reality.  Advertisement        Sponsored Links  Auto Loan  First, let us give answers to the commonly asked questions about the UnionBank Auto loan.   1. What type of cars can you purchase?  UnionBank Auto Loans will help you purchase brand new or second-hand cars or brand new light trucks.  2. Are you eligible to get a UnionBank auto loan?  Yes, if you are between 21 to 65 years old with a total monthly income of P50,000. Foreign nationals married to a Filipina or business entities like corporations and partnerships may also apply for an auto loan. The client must be 65 years old upon maturity of the loan.  3. What do you need to submit when you apply for a UnionBank auto loan?  If you are employed, you will need to submit the following: COE - Certificate of employment with compensation Latest Income Tax Return (ITR)* Completely filled up application form, or apply online  * ITR is not required for loan amounts below P3,000,000 If you are self-employed, you will need to submit the following: Business Registration papers (DTI, SEC if applicable) ITR with audited financial statements (2 years) Trade references Completely filled up application form  4. How can you pay for your loan?  Auto Debit Arrangement (ADA) - Automatically deducted from your account. You may open a Checking or Savings Account with us with no maintaining balance; or a Debit GetGo Card. Postdated Checks (PDC)    5. Post Booking FAQs For booked accounts, If you have any concerns about your existing account with us, you may call (02) 841-8600 or email them at autoloans@unionbankph.com    Before making an auto loan you will be asked to complete a self-assessment that looks exactly like the image below.      You may need to fill-up this form legibly and correctly during your application.     To know how much you will need for the auto loan, they provide a calculator on their website that looks like the image below. You may choose any of the provided preference for your dream car.          Home Loan   Who are qualified to apply for UnionBank’s Home Loans?  Individuals who are gainfully employed and with permanent status Individuals engaged in own business operating profitably for at least 2 years or a partner in a registered ownership Must be of legal age, not more than 65 years old upon application and must not exceed the age of 70 years upon loan maturity
 Must have a good credit standing  What type of loan can you avail of?  We are committed to helping you purchase your own lot, townhouse, residential condominium or house and lot from our Accredited Developers. Our minimum loanable amount is P500,000.00, while the maximum loanable amount is up to 90% of the property’s selling price.  What is the maximum term for your home loan?  Maximum of 20 years for locally employed Maximum of 15 years for OFWs   What documents do you need to submit?   Personal Data Documents  Duly filled out Application form Photocopy of Marriage Contract (if applicable) Photocopy of any government-issued ID with picture and signature  Income Documents  For locally employed applicants: Certificate of Employment 3 months latest pay slips  If Overseas Filipino Worker (OFW): Original Consularized Special Power of Attorney (SPA) Passport with entry and exit stamps  For self-employed applicants: Business Registration Latest 6 months Bank Statements Financial Statements
 ITR Top 3 list of suppliers/customers with contact numbers (landline)  Collateral Documents  Contract to Sell or Reservation Agreement Statement of Account  What are the interest rates?   Each rate is fixed to their corresponding period.  RatePeriod 6.50% 1 year 7.50% 3 year 8.50% 5 year 10.50% 10 year 11.50% 15 year   Real Estate Mortgage Fees and Charges  Fees and ChargesReal Estate Mortgage Fees Registration Fees Fees collected relating to the registration of TCT with Register of Deeds and are computed by the RD based on loan amount  Bank Charges Processing Fee P3,500 Metro Manila; P4,000 outside Metro Manila Appraisal Fee P3,500 Metro Manila; P4,000 outside Metro Manila  Other Charges Documentary Stamps Tax collected on legal instruments, loan agreements and other documents which are remitted to Bureau of   Internal Revenue (BIR) REM-Doc Stamp P20 for the 1st P5,000 & P10 for succeeding P5000 PN-Doc Stamp P1 for every P200 or a fraction thereof or P1,160,000 / 200 = P5,800  Mortgage Redemption Insurance Form of life insurance that pays off borrower or the whole of the insured's outstanding mortgage balance in case of death or total disability Loan Amount / 1,000 x (standard rate)  Fire Insurance Insurance that provides protection to your house against loss or damage caused by fire and is computed by the Fire Insurance provider  Notarial Fee Individual Account P400; Developer P800  Amendment Fees and Penalties Full or partial payments made outside the anniversary date of the loan P4,000 Request for shortening or extension of term P4,000 (shortening) P4,200 (extension)  Cancellation of Mortgage (for fully paid accounts) P500 Delinquent Interest on unpaid balance (for fully paid accounts) Delinquent interest (interest rate per PN or the repriced interest) and penalty (36%) on unpaid monthly installment   Accredited Developers Aboitiz Land Brittany Camella Century properties Crown Asia DMCI Empire East Federal Land Filinvest Greenfield Megaworld Robinsons Land Rockwell Land Shang Properties SMDC Suntrust Vista Residences  You can pay your loan by using these two options:  —Auto Debit Arrangement (ADA) - Automatically deducted from your account. You may open a Checking or Savings Account with us with no maintaining balance,; or a Debit GetGo Card.  —Postdated Checks (PDC)  You may need to fill the application correctly and legibly.   Salary loan is also available but it is only offered to the existing Union Bank clients.    For further information, visit their official website or you can go to their nearest branch within your locality.  READ MORE: List of Philippine Embassies And Consulates Around The World    Classic Room Mates You Probably Living With   Do Not Be Fooled By Your Recruitment Agencies, Know Your  Correct Fees    Remittance Fees To Be Imposed On Kuwait Expats Expected To Bring $230 Million Income    TESDA Provides Training For Returning OFWs   Cash Aid To Be Given To Displaced OFWs From Kuwait—OWWA    5 Signs A Person Is Going To Be Poor And 5 Signs You Are Going To Be Rich
You may need to fill-up this form legibly and correctly during your application.
Every family dream of having a car of their own and moreso, a house where they can build a happy home. The sad thing is that not every Filipino family has the means to make it happen. Even overseas Filipino workers who dream of these things may need the help of financial institutions where they can get a housing or mortgage loan but requirements are not easy and the interest rates are still heavy to bear. Some banks offer loans that are not too heavy for typical family budget allowing these dreams to become a reality.  Advertisement        Sponsored Links  Auto Loan  First, let us give answers to the commonly asked questions about the UnionBank Auto loan.   1. What type of cars can you purchase?  UnionBank Auto Loans will help you purchase brand new or second-hand cars or brand new light trucks.  2. Are you eligible to get a UnionBank auto loan?  Yes, if you are between 21 to 65 years old with a total monthly income of P50,000. Foreign nationals married to a Filipina or business entities like corporations and partnerships may also apply for an auto loan. The client must be 65 years old upon maturity of the loan.  3. What do you need to submit when you apply for a UnionBank auto loan?  If you are employed, you will need to submit the following: COE - Certificate of employment with compensation Latest Income Tax Return (ITR)* Completely filled up application form, or apply online  * ITR is not required for loan amounts below P3,000,000 If you are self-employed, you will need to submit the following: Business Registration papers (DTI, SEC if applicable) ITR with audited financial statements (2 years) Trade references Completely filled up application form  4. How can you pay for your loan?  Auto Debit Arrangement (ADA) - Automatically deducted from your account. You may open a Checking or Savings Account with us with no maintaining balance; or a Debit GetGo Card. Postdated Checks (PDC)    5. Post Booking FAQs For booked accounts, If you have any concerns about your existing account with us, you may call (02) 841-8600 or email them at autoloans@unionbankph.com    Before making an auto loan you will be asked to complete a self-assessment that looks exactly like the image below.      You may need to fill-up this form legibly and correctly during your application.     To know how much you will need for the auto loan, they provide a calculator on their website that looks like the image below. You may choose any of the provided preference for your dream car.          Home Loan   Who are qualified to apply for UnionBank’s Home Loans?  Individuals who are gainfully employed and with permanent status Individuals engaged in own business operating profitably for at least 2 years or a partner in a registered ownership Must be of legal age, not more than 65 years old upon application and must not exceed the age of 70 years upon loan maturity
 Must have a good credit standing  What type of loan can you avail of?  We are committed to helping you purchase your own lot, townhouse, residential condominium or house and lot from our Accredited Developers. Our minimum loanable amount is P500,000.00, while the maximum loanable amount is up to 90% of the property’s selling price.  What is the maximum term for your home loan?  Maximum of 20 years for locally employed Maximum of 15 years for OFWs   What documents do you need to submit?   Personal Data Documents  Duly filled out Application form Photocopy of Marriage Contract (if applicable) Photocopy of any government-issued ID with picture and signature  Income Documents  For locally employed applicants: Certificate of Employment 3 months latest pay slips  If Overseas Filipino Worker (OFW): Original Consularized Special Power of Attorney (SPA) Passport with entry and exit stamps  For self-employed applicants: Business Registration Latest 6 months Bank Statements Financial Statements
 ITR Top 3 list of suppliers/customers with contact numbers (landline)  Collateral Documents  Contract to Sell or Reservation Agreement Statement of Account  What are the interest rates?   Each rate is fixed to their corresponding period.  RatePeriod 6.50% 1 year 7.50% 3 year 8.50% 5 year 10.50% 10 year 11.50% 15 year   Real Estate Mortgage Fees and Charges  Fees and ChargesReal Estate Mortgage Fees Registration Fees Fees collected relating to the registration of TCT with Register of Deeds and are computed by the RD based on loan amount  Bank Charges Processing Fee P3,500 Metro Manila; P4,000 outside Metro Manila Appraisal Fee P3,500 Metro Manila; P4,000 outside Metro Manila  Other Charges Documentary Stamps Tax collected on legal instruments, loan agreements and other documents which are remitted to Bureau of   Internal Revenue (BIR) REM-Doc Stamp P20 for the 1st P5,000 & P10 for succeeding P5000 PN-Doc Stamp P1 for every P200 or a fraction thereof or P1,160,000 / 200 = P5,800  Mortgage Redemption Insurance Form of life insurance that pays off borrower or the whole of the insured's outstanding mortgage balance in case of death or total disability Loan Amount / 1,000 x (standard rate)  Fire Insurance Insurance that provides protection to your house against loss or damage caused by fire and is computed by the Fire Insurance provider  Notarial Fee Individual Account P400; Developer P800  Amendment Fees and Penalties Full or partial payments made outside the anniversary date of the loan P4,000 Request for shortening or extension of term P4,000 (shortening) P4,200 (extension)  Cancellation of Mortgage (for fully paid accounts) P500 Delinquent Interest on unpaid balance (for fully paid accounts) Delinquent interest (interest rate per PN or the repriced interest) and penalty (36%) on unpaid monthly installment   Accredited Developers Aboitiz Land Brittany Camella Century properties Crown Asia DMCI Empire East Federal Land Filinvest Greenfield Megaworld Robinsons Land Rockwell Land Shang Properties SMDC Suntrust Vista Residences  You can pay your loan by using these two options:  —Auto Debit Arrangement (ADA) - Automatically deducted from your account. You may open a Checking or Savings Account with us with no maintaining balance,; or a Debit GetGo Card.  —Postdated Checks (PDC)  You may need to fill the application correctly and legibly.   Salary loan is also available but it is only offered to the existing Union Bank clients.    For further information, visit their official website or you can go to their nearest branch within your locality.  READ MORE: List of Philippine Embassies And Consulates Around The World    Classic Room Mates You Probably Living With   Do Not Be Fooled By Your Recruitment Agencies, Know Your  Correct Fees    Remittance Fees To Be Imposed On Kuwait Expats Expected To Bring $230 Million Income    TESDA Provides Training For Returning OFWs   Cash Aid To Be Given To Displaced OFWs From Kuwait—OWWA    5 Signs A Person Is Going To Be Poor And 5 Signs You Are Going To Be Rich
 To know how much you will need for the auto loan, they provide a calculator on their website that looks like the image below. You may choose any of the provided preference for your dream car.
Every family dream of having a car of their own and moreso, a house where they can build a happy home. The sad thing is that not every Filipino family has the means to make it happen. Even overseas Filipino workers who dream of these things may need the help of financial institutions where they can get a housing or mortgage loan but requirements are not easy and the interest rates are still heavy to bear. Some banks offer loans that are not too heavy for typical family budget allowing these dreams to become a reality.  Advertisement        Sponsored Links  Auto Loan  First, let us give answers to the commonly asked questions about the UnionBank Auto loan.   1. What type of cars can you purchase?  UnionBank Auto Loans will help you purchase brand new or second-hand cars or brand new light trucks.  2. Are you eligible to get a UnionBank auto loan?  Yes, if you are between 21 to 65 years old with a total monthly income of P50,000. Foreign nationals married to a Filipina or business entities like corporations and partnerships may also apply for an auto loan. The client must be 65 years old upon maturity of the loan.  3. What do you need to submit when you apply for a UnionBank auto loan?  If you are employed, you will need to submit the following: COE - Certificate of employment with compensation Latest Income Tax Return (ITR)* Completely filled up application form, or apply online  * ITR is not required for loan amounts below P3,000,000 If you are self-employed, you will need to submit the following: Business Registration papers (DTI, SEC if applicable) ITR with audited financial statements (2 years) Trade references Completely filled up application form  4. How can you pay for your loan?  Auto Debit Arrangement (ADA) - Automatically deducted from your account. You may open a Checking or Savings Account with us with no maintaining balance; or a Debit GetGo Card. Postdated Checks (PDC)    5. Post Booking FAQs For booked accounts, If you have any concerns about your existing account with us, you may call (02) 841-8600 or email them at autoloans@unionbankph.com    Before making an auto loan you will be asked to complete a self-assessment that looks exactly like the image below.      You may need to fill-up this form legibly and correctly during your application.     To know how much you will need for the auto loan, they provide a calculator on their website that looks like the image below. You may choose any of the provided preference for your dream car.          Home Loan   Who are qualified to apply for UnionBank’s Home Loans?  Individuals who are gainfully employed and with permanent status Individuals engaged in own business operating profitably for at least 2 years or a partner in a registered ownership Must be of legal age, not more than 65 years old upon application and must not exceed the age of 70 years upon loan maturity
 Must have a good credit standing  What type of loan can you avail of?  We are committed to helping you purchase your own lot, townhouse, residential condominium or house and lot from our Accredited Developers. Our minimum loanable amount is P500,000.00, while the maximum loanable amount is up to 90% of the property’s selling price.  What is the maximum term for your home loan?  Maximum of 20 years for locally employed Maximum of 15 years for OFWs   What documents do you need to submit?   Personal Data Documents  Duly filled out Application form Photocopy of Marriage Contract (if applicable) Photocopy of any government-issued ID with picture and signature  Income Documents  For locally employed applicants: Certificate of Employment 3 months latest pay slips  If Overseas Filipino Worker (OFW): Original Consularized Special Power of Attorney (SPA) Passport with entry and exit stamps  For self-employed applicants: Business Registration Latest 6 months Bank Statements Financial Statements
 ITR Top 3 list of suppliers/customers with contact numbers (landline)  Collateral Documents  Contract to Sell or Reservation Agreement Statement of Account  What are the interest rates?   Each rate is fixed to their corresponding period.  RatePeriod 6.50% 1 year 7.50% 3 year 8.50% 5 year 10.50% 10 year 11.50% 15 year   Real Estate Mortgage Fees and Charges  Fees and ChargesReal Estate Mortgage Fees Registration Fees Fees collected relating to the registration of TCT with Register of Deeds and are computed by the RD based on loan amount  Bank Charges Processing Fee P3,500 Metro Manila; P4,000 outside Metro Manila Appraisal Fee P3,500 Metro Manila; P4,000 outside Metro Manila  Other Charges Documentary Stamps Tax collected on legal instruments, loan agreements and other documents which are remitted to Bureau of   Internal Revenue (BIR) REM-Doc Stamp P20 for the 1st P5,000 & P10 for succeeding P5000 PN-Doc Stamp P1 for every P200 or a fraction thereof or P1,160,000 / 200 = P5,800  Mortgage Redemption Insurance Form of life insurance that pays off borrower or the whole of the insured's outstanding mortgage balance in case of death or total disability Loan Amount / 1,000 x (standard rate)  Fire Insurance Insurance that provides protection to your house against loss or damage caused by fire and is computed by the Fire Insurance provider  Notarial Fee Individual Account P400; Developer P800  Amendment Fees and Penalties Full or partial payments made outside the anniversary date of the loan P4,000 Request for shortening or extension of term P4,000 (shortening) P4,200 (extension)  Cancellation of Mortgage (for fully paid accounts) P500 Delinquent Interest on unpaid balance (for fully paid accounts) Delinquent interest (interest rate per PN or the repriced interest) and penalty (36%) on unpaid monthly installment   Accredited Developers Aboitiz Land Brittany Camella Century properties Crown Asia DMCI Empire East Federal Land Filinvest Greenfield Megaworld Robinsons Land Rockwell Land Shang Properties SMDC Suntrust Vista Residences  You can pay your loan by using these two options:  —Auto Debit Arrangement (ADA) - Automatically deducted from your account. You may open a Checking or Savings Account with us with no maintaining balance,; or a Debit GetGo Card.  —Postdated Checks (PDC)  You may need to fill the application correctly and legibly.   Salary loan is also available but it is only offered to the existing Union Bank clients.    For further information, visit their official website or you can go to their nearest branch within your locality.  READ MORE: List of Philippine Embassies And Consulates Around The World    Classic Room Mates You Probably Living With   Do Not Be Fooled By Your Recruitment Agencies, Know Your  Correct Fees    Remittance Fees To Be Imposed On Kuwait Expats Expected To Bring $230 Million Income    TESDA Provides Training For Returning OFWs   Cash Aid To Be Given To Displaced OFWs From Kuwait—OWWA    5 Signs A Person Is Going To Be Poor And 5 Signs You Are Going To Be Rich
Every family dream of having a car of their own and moreso, a house where they can build a happy home. The sad thing is that not every Filipino family has the means to make it happen. Even overseas Filipino workers who dream of these things may need the help of financial institutions where they can get a housing or mortgage loan but requirements are not easy and the interest rates are still heavy to bear. Some banks offer loans that are not too heavy for typical family budget allowing these dreams to become a reality.  Advertisement        Sponsored Links  Auto Loan  First, let us give answers to the commonly asked questions about the UnionBank Auto loan.   1. What type of cars can you purchase?  UnionBank Auto Loans will help you purchase brand new or second-hand cars or brand new light trucks.  2. Are you eligible to get a UnionBank auto loan?  Yes, if you are between 21 to 65 years old with a total monthly income of P50,000. Foreign nationals married to a Filipina or business entities like corporations and partnerships may also apply for an auto loan. The client must be 65 years old upon maturity of the loan.  3. What do you need to submit when you apply for a UnionBank auto loan?  If you are employed, you will need to submit the following: COE - Certificate of employment with compensation Latest Income Tax Return (ITR)* Completely filled up application form, or apply online  * ITR is not required for loan amounts below P3,000,000 If you are self-employed, you will need to submit the following: Business Registration papers (DTI, SEC if applicable) ITR with audited financial statements (2 years) Trade references Completely filled up application form  4. How can you pay for your loan?  Auto Debit Arrangement (ADA) - Automatically deducted from your account. You may open a Checking or Savings Account with us with no maintaining balance; or a Debit GetGo Card. Postdated Checks (PDC)    5. Post Booking FAQs For booked accounts, If you have any concerns about your existing account with us, you may call (02) 841-8600 or email them at autoloans@unionbankph.com    Before making an auto loan you will be asked to complete a self-assessment that looks exactly like the image below.      You may need to fill-up this form legibly and correctly during your application.     To know how much you will need for the auto loan, they provide a calculator on their website that looks like the image below. You may choose any of the provided preference for your dream car.          Home Loan   Who are qualified to apply for UnionBank’s Home Loans?  Individuals who are gainfully employed and with permanent status Individuals engaged in own business operating profitably for at least 2 years or a partner in a registered ownership Must be of legal age, not more than 65 years old upon application and must not exceed the age of 70 years upon loan maturity
 Must have a good credit standing  What type of loan can you avail of?  We are committed to helping you purchase your own lot, townhouse, residential condominium or house and lot from our Accredited Developers. Our minimum loanable amount is P500,000.00, while the maximum loanable amount is up to 90% of the property’s selling price.  What is the maximum term for your home loan?  Maximum of 20 years for locally employed Maximum of 15 years for OFWs   What documents do you need to submit?   Personal Data Documents  Duly filled out Application form Photocopy of Marriage Contract (if applicable) Photocopy of any government-issued ID with picture and signature  Income Documents  For locally employed applicants: Certificate of Employment 3 months latest pay slips  If Overseas Filipino Worker (OFW): Original Consularized Special Power of Attorney (SPA) Passport with entry and exit stamps  For self-employed applicants: Business Registration Latest 6 months Bank Statements Financial Statements
 ITR Top 3 list of suppliers/customers with contact numbers (landline)  Collateral Documents  Contract to Sell or Reservation Agreement Statement of Account  What are the interest rates?   Each rate is fixed to their corresponding period.  RatePeriod 6.50% 1 year 7.50% 3 year 8.50% 5 year 10.50% 10 year 11.50% 15 year   Real Estate Mortgage Fees and Charges  Fees and ChargesReal Estate Mortgage Fees Registration Fees Fees collected relating to the registration of TCT with Register of Deeds and are computed by the RD based on loan amount  Bank Charges Processing Fee P3,500 Metro Manila; P4,000 outside Metro Manila Appraisal Fee P3,500 Metro Manila; P4,000 outside Metro Manila  Other Charges Documentary Stamps Tax collected on legal instruments, loan agreements and other documents which are remitted to Bureau of   Internal Revenue (BIR) REM-Doc Stamp P20 for the 1st P5,000 & P10 for succeeding P5000 PN-Doc Stamp P1 for every P200 or a fraction thereof or P1,160,000 / 200 = P5,800  Mortgage Redemption Insurance Form of life insurance that pays off borrower or the whole of the insured's outstanding mortgage balance in case of death or total disability Loan Amount / 1,000 x (standard rate)  Fire Insurance Insurance that provides protection to your house against loss or damage caused by fire and is computed by the Fire Insurance provider  Notarial Fee Individual Account P400; Developer P800  Amendment Fees and Penalties Full or partial payments made outside the anniversary date of the loan P4,000 Request for shortening or extension of term P4,000 (shortening) P4,200 (extension)  Cancellation of Mortgage (for fully paid accounts) P500 Delinquent Interest on unpaid balance (for fully paid accounts) Delinquent interest (interest rate per PN or the repriced interest) and penalty (36%) on unpaid monthly installment   Accredited Developers Aboitiz Land Brittany Camella Century properties Crown Asia DMCI Empire East Federal Land Filinvest Greenfield Megaworld Robinsons Land Rockwell Land Shang Properties SMDC Suntrust Vista Residences  You can pay your loan by using these two options:  —Auto Debit Arrangement (ADA) - Automatically deducted from your account. You may open a Checking or Savings Account with us with no maintaining balance,; or a Debit GetGo Card.  —Postdated Checks (PDC)  You may need to fill the application correctly and legibly.   Salary loan is also available but it is only offered to the existing Union Bank clients.    For further information, visit their official website or you can go to their nearest branch within your locality.  READ MORE: List of Philippine Embassies And Consulates Around The World    Classic Room Mates You Probably Living With   Do Not Be Fooled By Your Recruitment Agencies, Know Your  Correct Fees    Remittance Fees To Be Imposed On Kuwait Expats Expected To Bring $230 Million Income    TESDA Provides Training For Returning OFWs   Cash Aid To Be Given To Displaced OFWs From Kuwait—OWWA    5 Signs A Person Is Going To Be Poor And 5 Signs You Are Going To Be Rich


Home Loan

Who are qualified to apply for UnionBank’s Home Loans?

Individuals who are gainfully employed and with permanent status
Individuals engaged in own business operating profitably for at least 2 years or a partner in a registered ownership
Must be of legal age, not more than 65 years old upon application and must not exceed the age of 70 years upon loan maturity

Must have a good credit standing

What type of loan can you avail of?

We are committed to helping you purchase your own lot, townhouse, residential condominium or house and lot from our Accredited Developers.
Our minimum loanable amount is P500,000.00, while the maximum loanable amount is up to 90% of the property’s selling price.

What is the maximum term for your home loan?
Maximum of 20 years for locally employed
Maximum of 15 years for OFWs

What documents do you need to submit?


Personal Data Documents

Duly filled out Application form
Photocopy of Marriage Contract (if applicable)
Photocopy of any government-issued ID with picture and signature

Income Documents

For locally employed applicants:
Certificate of Employment
3 months latest pay slips

If Overseas Filipino Worker (OFW):
Original Consularized Special Power of Attorney (SPA)
Passport with entry and exit stamps

For self-employed applicants:
Business Registration
Latest 6 months Bank Statements
Financial Statements

ITR
Top 3 list of suppliers/customers with contact numbers (landline)

Collateral Documents

Contract to Sell or Reservation Agreement
Statement of Account

What are the interest rates?
Each rate is fixed to their corresponding period. 
RatePeriod
6.50% 1 year
7.50% 3 year
8.50% 5 year
10.50% 10 year
11.50% 15 year


Real Estate Mortgage Fees and Charges

Fees and ChargesReal Estate Mortgage Fees
Registration Fees Fees collected relating to the registration of TCT with Register of Deeds and are computed by the RD based on loan amount

Bank Charges
Processing Fee P3,500 Metro Manila; P4,000 outside Metro Manila
Appraisal Fee P3,500 Metro Manila; P4,000 outside Metro Manila
Other Charges
Documentary Stamps Tax collected on legal instruments, loan agreements and other documents which are remitted to Bureau of 

Internal Revenue (BIR)
REM-Doc Stamp P20 for the 1st P5,000 & P10 for succeeding P5000
PN-Doc Stamp P1 for every P200 or a fraction thereof or P1,160,000 / 200 = P5,800
Mortgage Redemption Insurance Form of life insurance that pays off borrower or the whole of the insured's outstanding mortgage balance in case of death or total disability Loan Amount / 1,000 x (standard rate)

Fire Insurance Insurance that provides protection to your house against loss or damage caused by fire and is computed by the Fire Insurance provider

Notarial Fee Individual Account P400; Developer P800
Amendment Fees and Penalties
Full or partial payments made outside the anniversary date of the loan P4,000
Request for shortening or extension of term P4,000 (shortening) P4,200 (extension)

Cancellation of Mortgage (for fully paid accounts) P500
Delinquent Interest on unpaid balance (for fully paid accounts) Delinquent interest (interest rate per PN or the repriced interest) and penalty (36%) on unpaid monthly installment


Accredited Developers
Aboitiz Land
Brittany
Camella
Century properties
Crown Asia
DMCI
Empire East
Federal Land
Filinvest
Greenfield
Megaworld
Robinsons Land
Rockwell Land
Shang Properties
SMDC
Suntrust
Vista Residences

You can pay your loan by using these two options:

—Auto Debit Arrangement (ADA) - Automatically deducted from your account. You may open a Checking or Savings Account with us with no maintaining balance,; or a Debit GetGo Card.
—Postdated Checks (PDC)

You may need to fill the application correctly and legibly.
Every family dream of having a car of their own and moreso, a house where they can build a happy home. The sad thing is that not every Filipino family has the means to make it happen. Even overseas Filipino workers who dream of these things may need the help of financial institutions where they can get a housing or mortgage loan but requirements are not easy and the interest rates are still heavy to bear. Some banks offer loans that are not too heavy for typical family budget allowing these dreams to become a reality.  Advertisement        Sponsored Links  Auto Loan  First, let us give answers to the commonly asked questions about the UnionBank Auto loan.   1. What type of cars can you purchase?  UnionBank Auto Loans will help you purchase brand new or second-hand cars or brand new light trucks.  2. Are you eligible to get a UnionBank auto loan?  Yes, if you are between 21 to 65 years old with a total monthly income of P50,000. Foreign nationals married to a Filipina or business entities like corporations and partnerships may also apply for an auto loan. The client must be 65 years old upon maturity of the loan.  3. What do you need to submit when you apply for a UnionBank auto loan?  If you are employed, you will need to submit the following: COE - Certificate of employment with compensation Latest Income Tax Return (ITR)* Completely filled up application form, or apply online  * ITR is not required for loan amounts below P3,000,000 If you are self-employed, you will need to submit the following: Business Registration papers (DTI, SEC if applicable) ITR with audited financial statements (2 years) Trade references Completely filled up application form  4. How can you pay for your loan?  Auto Debit Arrangement (ADA) - Automatically deducted from your account. You may open a Checking or Savings Account with us with no maintaining balance; or a Debit GetGo Card. Postdated Checks (PDC)    5. Post Booking FAQs For booked accounts, If you have any concerns about your existing account with us, you may call (02) 841-8600 or email them at autoloans@unionbankph.com    Before making an auto loan you will be asked to complete a self-assessment that looks exactly like the image below.      You may need to fill-up this form legibly and correctly during your application.     To know how much you will need for the auto loan, they provide a calculator on their website that looks like the image below. You may choose any of the provided preference for your dream car.          Home Loan   Who are qualified to apply for UnionBank’s Home Loans?  Individuals who are gainfully employed and with permanent status Individuals engaged in own business operating profitably for at least 2 years or a partner in a registered ownership Must be of legal age, not more than 65 years old upon application and must not exceed the age of 70 years upon loan maturity
 Must have a good credit standing  What type of loan can you avail of?  We are committed to helping you purchase your own lot, townhouse, residential condominium or house and lot from our Accredited Developers. Our minimum loanable amount is P500,000.00, while the maximum loanable amount is up to 90% of the property’s selling price.  What is the maximum term for your home loan?  Maximum of 20 years for locally employed Maximum of 15 years for OFWs   What documents do you need to submit?   Personal Data Documents  Duly filled out Application form Photocopy of Marriage Contract (if applicable) Photocopy of any government-issued ID with picture and signature  Income Documents  For locally employed applicants: Certificate of Employment 3 months latest pay slips  If Overseas Filipino Worker (OFW): Original Consularized Special Power of Attorney (SPA) Passport with entry and exit stamps  For self-employed applicants: Business Registration Latest 6 months Bank Statements Financial Statements
 ITR Top 3 list of suppliers/customers with contact numbers (landline)  Collateral Documents  Contract to Sell or Reservation Agreement Statement of Account  What are the interest rates?   Each rate is fixed to their corresponding period.  RatePeriod 6.50% 1 year 7.50% 3 year 8.50% 5 year 10.50% 10 year 11.50% 15 year   Real Estate Mortgage Fees and Charges  Fees and ChargesReal Estate Mortgage Fees Registration Fees Fees collected relating to the registration of TCT with Register of Deeds and are computed by the RD based on loan amount  Bank Charges Processing Fee P3,500 Metro Manila; P4,000 outside Metro Manila Appraisal Fee P3,500 Metro Manila; P4,000 outside Metro Manila  Other Charges Documentary Stamps Tax collected on legal instruments, loan agreements and other documents which are remitted to Bureau of   Internal Revenue (BIR) REM-Doc Stamp P20 for the 1st P5,000 & P10 for succeeding P5000 PN-Doc Stamp P1 for every P200 or a fraction thereof or P1,160,000 / 200 = P5,800  Mortgage Redemption Insurance Form of life insurance that pays off borrower or the whole of the insured's outstanding mortgage balance in case of death or total disability Loan Amount / 1,000 x (standard rate)  Fire Insurance Insurance that provides protection to your house against loss or damage caused by fire and is computed by the Fire Insurance provider  Notarial Fee Individual Account P400; Developer P800  Amendment Fees and Penalties Full or partial payments made outside the anniversary date of the loan P4,000 Request for shortening or extension of term P4,000 (shortening) P4,200 (extension)  Cancellation of Mortgage (for fully paid accounts) P500 Delinquent Interest on unpaid balance (for fully paid accounts) Delinquent interest (interest rate per PN or the repriced interest) and penalty (36%) on unpaid monthly installment   Accredited Developers Aboitiz Land Brittany Camella Century properties Crown Asia DMCI Empire East Federal Land Filinvest Greenfield Megaworld Robinsons Land Rockwell Land Shang Properties SMDC Suntrust Vista Residences  You can pay your loan by using these two options:  —Auto Debit Arrangement (ADA) - Automatically deducted from your account. You may open a Checking or Savings Account with us with no maintaining balance,; or a Debit GetGo Card.  —Postdated Checks (PDC)  You may need to fill the application correctly and legibly.   Salary loan is also available but it is only offered to the existing Union Bank clients.    For further information, visit their official website or you can go to their nearest branch within your locality.  READ MORE: List of Philippine Embassies And Consulates Around The World    Classic Room Mates You Probably Living With   Do Not Be Fooled By Your Recruitment Agencies, Know Your  Correct Fees    Remittance Fees To Be Imposed On Kuwait Expats Expected To Bring $230 Million Income    TESDA Provides Training For Returning OFWs   Cash Aid To Be Given To Displaced OFWs From Kuwait—OWWA    5 Signs A Person Is Going To Be Poor And 5 Signs You Are Going To Be Rich
Salary loan is also available but it is only offered to the existing Union Bank clients.
Every family dream of having a car of their own and moreso, a house where they can build a happy home. The sad thing is that not every Filipino family has the means to make it happen. Even overseas Filipino workers who dream of these things may need the help of financial institutions where they can get a housing or mortgage loan but requirements are not easy and the interest rates are still heavy to bear. Some banks offer loans that are not too heavy for typical family budget allowing these dreams to become a reality.  Advertisement        Sponsored Links  Auto Loan  First, let us give answers to the commonly asked questions about the UnionBank Auto loan.   1. What type of cars can you purchase?  UnionBank Auto Loans will help you purchase brand new or second-hand cars or brand new light trucks.  2. Are you eligible to get a UnionBank auto loan?  Yes, if you are between 21 to 65 years old with a total monthly income of P50,000. Foreign nationals married to a Filipina or business entities like corporations and partnerships may also apply for an auto loan. The client must be 65 years old upon maturity of the loan.  3. What do you need to submit when you apply for a UnionBank auto loan?  If you are employed, you will need to submit the following: COE - Certificate of employment with compensation Latest Income Tax Return (ITR)* Completely filled up application form, or apply online  * ITR is not required for loan amounts below P3,000,000 If you are self-employed, you will need to submit the following: Business Registration papers (DTI, SEC if applicable) ITR with audited financial statements (2 years) Trade references Completely filled up application form  4. How can you pay for your loan?  Auto Debit Arrangement (ADA) - Automatically deducted from your account. You may open a Checking or Savings Account with us with no maintaining balance; or a Debit GetGo Card. Postdated Checks (PDC)    5. Post Booking FAQs For booked accounts, If you have any concerns about your existing account with us, you may call (02) 841-8600 or email them at autoloans@unionbankph.com    Before making an auto loan you will be asked to complete a self-assessment that looks exactly like the image below.      You may need to fill-up this form legibly and correctly during your application.     To know how much you will need for the auto loan, they provide a calculator on their website that looks like the image below. You may choose any of the provided preference for your dream car.          Home Loan   Who are qualified to apply for UnionBank’s Home Loans?  Individuals who are gainfully employed and with permanent status Individuals engaged in own business operating profitably for at least 2 years or a partner in a registered ownership Must be of legal age, not more than 65 years old upon application and must not exceed the age of 70 years upon loan maturity
 Must have a good credit standing  What type of loan can you avail of?  We are committed to helping you purchase your own lot, townhouse, residential condominium or house and lot from our Accredited Developers. Our minimum loanable amount is P500,000.00, while the maximum loanable amount is up to 90% of the property’s selling price.  What is the maximum term for your home loan?  Maximum of 20 years for locally employed Maximum of 15 years for OFWs   What documents do you need to submit?   Personal Data Documents  Duly filled out Application form Photocopy of Marriage Contract (if applicable) Photocopy of any government-issued ID with picture and signature  Income Documents  For locally employed applicants: Certificate of Employment 3 months latest pay slips  If Overseas Filipino Worker (OFW): Original Consularized Special Power of Attorney (SPA) Passport with entry and exit stamps  For self-employed applicants: Business Registration Latest 6 months Bank Statements Financial Statements
 ITR Top 3 list of suppliers/customers with contact numbers (landline)  Collateral Documents  Contract to Sell or Reservation Agreement Statement of Account  What are the interest rates?   Each rate is fixed to their corresponding period.  RatePeriod 6.50% 1 year 7.50% 3 year 8.50% 5 year 10.50% 10 year 11.50% 15 year   Real Estate Mortgage Fees and Charges  Fees and ChargesReal Estate Mortgage Fees Registration Fees Fees collected relating to the registration of TCT with Register of Deeds and are computed by the RD based on loan amount  Bank Charges Processing Fee P3,500 Metro Manila; P4,000 outside Metro Manila Appraisal Fee P3,500 Metro Manila; P4,000 outside Metro Manila  Other Charges Documentary Stamps Tax collected on legal instruments, loan agreements and other documents which are remitted to Bureau of   Internal Revenue (BIR) REM-Doc Stamp P20 for the 1st P5,000 & P10 for succeeding P5000 PN-Doc Stamp P1 for every P200 or a fraction thereof or P1,160,000 / 200 = P5,800  Mortgage Redemption Insurance Form of life insurance that pays off borrower or the whole of the insured's outstanding mortgage balance in case of death or total disability Loan Amount / 1,000 x (standard rate)  Fire Insurance Insurance that provides protection to your house against loss or damage caused by fire and is computed by the Fire Insurance provider  Notarial Fee Individual Account P400; Developer P800  Amendment Fees and Penalties Full or partial payments made outside the anniversary date of the loan P4,000 Request for shortening or extension of term P4,000 (shortening) P4,200 (extension)  Cancellation of Mortgage (for fully paid accounts) P500 Delinquent Interest on unpaid balance (for fully paid accounts) Delinquent interest (interest rate per PN or the repriced interest) and penalty (36%) on unpaid monthly installment   Accredited Developers Aboitiz Land Brittany Camella Century properties Crown Asia DMCI Empire East Federal Land Filinvest Greenfield Megaworld Robinsons Land Rockwell Land Shang Properties SMDC Suntrust Vista Residences  You can pay your loan by using these two options:  —Auto Debit Arrangement (ADA) - Automatically deducted from your account. You may open a Checking or Savings Account with us with no maintaining balance,; or a Debit GetGo Card.  —Postdated Checks (PDC)  You may need to fill the application correctly and legibly.   Salary loan is also available but it is only offered to the existing Union Bank clients.    For further information, visit their official website or you can go to their nearest branch within your locality.  READ MORE: List of Philippine Embassies And Consulates Around The World    Classic Room Mates You Probably Living With   Do Not Be Fooled By Your Recruitment Agencies, Know Your  Correct Fees    Remittance Fees To Be Imposed On Kuwait Expats Expected To Bring $230 Million Income    TESDA Provides Training For Returning OFWs   Cash Aid To Be Given To Displaced OFWs From Kuwait—OWWA    5 Signs A Person Is Going To Be Poor And 5 Signs You Are Going To Be Rich
For further information, visit their official website or you can go to their nearest branch within your locality.


©2018 THOUGHTSKOTO