Buyer’s Guide
You are one step closer to your own Crown Asia property! Here is a complete step-by-step guide that will walk you through everything you’ll need to make this smart investment happen.
Check and secure the following standard and Employment requirements:
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)
LOAN PROCESS
- Sales Admin account officer will forward bank folder to accredited banks for all bank financing accounts upon submission of complete documents
- Comply lacking requirements as required by bank
- Once approved, buyer shall sign Letter of Guaranty. If not approved, buyer will shift to In House Financing.
- Letter of Guaranty and other loan documents will be signed by buyer then routed to signatories
- All required documents should be completed by the client
- Submission to bank of notarized loan documents.
- Bank will process the release of loan to the developer.
You can also use our Online Reservation portal to reserve your dream property with Crown Asia. (link – https://onlinereservation.crownasia.com.ph/)