Home Loans FAQs

We love hearing from you. If you have any concerns not listed below, send us an email at homeloans@unionbankph.com.

  • 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
  • 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.

  • Maximum of 20 years for locally employed
  • Maximum of 15 years for OFWs 

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

 Each rate is fixed to their corresponding period. To know more, contact us at homeloans@unionbankph.com.

Rate Period
6.50% 1 year
7.50% 3 year
8.50% 5 year
10.50% 10 year
11.50% 15 year
Fees and Charges
Real 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
For booked accounts, If you have any concerns about your existing account with us, you may call (02) 841-8600 or email us at homeloanscustomerservice@unionbankph.com
  • 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)

 

icon-forms

Home Loans Application Form

Download form here

1 Make sure that the website address appearing on your browser starts with https://ebanking.unionbankph.com/ and a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 You can only type in your password or PIN using the virtual keyboard.

3 Keep your device virus-free. Make sure you have an updated anti-virus software.

4 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit the Safe Surfing Guidelines page or call our 24-hour Customer Support at (02) 8418600.
1 Make sure that the website address appearing on your browser is Union Bank of the Philippines and has a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 You can only type in your password or PIN using the virtual keyboard.

3 Keep your device virus-free. Make sure you have an updated anti-virus software.

4 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit the Safe Surfing Guidelines page or call our 24-hour Customer Support at (02) 8418600.
1 Make sure that the website address appearing on your browser starts with https://ebanking.unionbankph.com and a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 You can only type in your password or PIN using the virtual keyboard.

3 Keep your device virus-free. Make sure you have an updated anti-virus software.

4 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit the Safe Surfing Guidelines page or call our 24-hour Customer Support at (02) 8418600.
1 Make sure that the website address appearing on your browser is Union Bank of the Philippines and has a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 You can only type in your password or PIN using the virtual keyboard.

3 Keep your device virus-free. Make sure you have an updated anti-virus software.

4 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit the Safe Surfing Guidelines page or call our 24-hour Customer Support at (02) 8418600.
1 Make sure that the website address appearing on your browser starts with https://ebanking.unionbankph.com and a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 Keep your device virus-free. Make sure you have an updated anti-virus software.

3 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit the Safe Surfing Guidelines page or call our 24-hour Customer Support at (02) 8418600.
1 Make sure that the website address appearing on your browser is Union Bank of the Philippines and has a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 Keep your device virus-free. Make sure you have an updated anti-virus software.

3 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit the Safe Surfing Guidelines page or call our 24-hour Customer Support at (02) 8418600.
1 Make sure that the website address appearing on your browser starts with https://ebanking.unionbankph.com and a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 Keep your device virus-free. Make sure you have an updated anti-virus software.

3 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit the Safe Surfing Guidelines page or call our 24-hour Customer Support at (02) 8418600.
1 Make sure that the website address appearing on your browser is Union Bank of the Philippines and has a padlock symbol (🔒) beside it. If you see something different or there is no address appearing, please do not proceed and report to us immediately.

2 Keep your device virus-free. Make sure you have an updated anti-virus software.

3 To secure your account, we strongly advise you to avoid downloading your banking documents using a public computer




For more information, please visit the Safe Surfing Guidelines page or call our 24-hour Customer Support at (02) 8418600.