Sterling Bank Home Loan
Sterling Bank Home Loans
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The key to having your own dream home is to call us! It’s that easy. Make your choice, let us handle the rest.

If there's one thing everyone always wanted to have, it's a better place to stay. A better place to build a future. That one thing you want to call 'home'.

Discovery Home Loan can help bring you a step closer to that dream. May it be a purchase of a house and lot, a townhouse, a condo unit or even a renovation, experience a whole new future with Discovery Home Loan.

Let Sterling Bank of Asia help you.

loan amount
Loanable Amount

Php300,000 up to Php25M or 80% or 90% of the Total Contract Price (TCP) for accounts referred by accredited developers

loan terms
Loan Terms

1 year to 25 years. Age upon maturity not exceeding 65 

post dated check
Payment Options

Post-dated checks; Auto-debit arrangements

Loan Calculator
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Amount Financed:
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Please note that the computation above is based on the indicative rate. Please call us or visit any Sterling Bank branch to get the actual rates.
eligibility
eligibility
Eligibility
  • Filipino Citizen
  • 21 years old, but not more than 65 years old upon maturity of the loan
  • If the borrower is more than 60 years old, a co-maker is required

For Employed

  • Employment status must be Permanent or Regular
  • At least two (2) years with the present employer
 

For Self-employed:

  • Business should be at least three (3) years in operation and profitable for the last two (2) years, and must be duly registered with the Securities and Exchange Commission (SEC) or the Department of Trade and Industry (DTI)
  • Combined monthly gross family income of at least Php40,000.00
  • For married borrower/s, spousthe e will act as co-borrower and co-mortgagor
Requirements
  • Duly accomplished application form
  • Copy of two (2) valid government-issued IDs (click here for the list of acceptable IDs)
  • Proof of payment of appraisal fees payable to Sterling Bank of Asia
  • Copy of Marriage Contract or other document to support marital status
  • Proof of Income
  • Latest Certificate of Employment with compensation;
  • Latest two (2) months pay slips;
  • Latest three (3) months bank statements showing salary credits; or
  • Latest ITR/BIR form 2316 (mandatory for loans more than Php3.0M)

Latest employment contract or certificate of employment with compensation (issued within 6 months), and any one of the following:

  • Latest three (3) months proof of remittance; or
  • Latest three (3) months pay slips or bank statements where salary is credited


Additional Requirements
Details of attorney-in-fact/loan administrator (full name, contact number, address, and valid government ID)

  • Certificate of Pension; and
  • Latest three (3) months bank statements of pension account
  • Certificate of Employment with commission earned (issued within 6 months); and
  • Latest six (6) months bank statement where commission is credited
For Self-Employed
  • Latest three (3) months payroll account where claimed salaries are credited;
  • Latest Individual ITR;
  • SEC Registration;
  • Articles of Incorporation / Partnership and By-laws; and
  • General Information Sheet (GIS)
  • DTI Registration or Latest Mayor's Permit to Operate;
  • Latest ITR with Audited Financial Statements for the last two (2) years;
  • Latest three (3) months bank statement of working account; and
  • Trade references with complete contact information (business name, complete address, contact person, business phone number).
    Major clients (at least 3), major supplier (at least 3)

  • SEC Registration;
  • Articles of Incorporation / Partnership and By-laws;
  • Company Profile: Background, Owners, Key Officers;
  • General Information Sheet (GIS);
  • Latest ITR with Audited Financial Statements for the last two (2) years;
  • Latest three (3) months bank statement of working account; and
  • Trade references with complete contact information (business name, complete address, contact person, business phone number).
    Major clients (at least 3), major supplier (at least 3)

Additional Requirement based on Nature of Business
  • Copy of TCTs/CCTs of rental property; and
  • Copy of valid and notarized lease contracts
  • Copy of LTFRB franchise decision of all units;
  • Copy of OR and CR of all units;
  • Authorization letter to conduct franchise verification with LTFRB; and
  • Copy of valid ID of franchise owner (if not the borrower/applicant)
  • Copy of PRC license;
  • Latest ITR with Audited Financial Statements for the last two (2) years;
  • Latest six (6) months bank statement of working account with authorization letter to verify; and
  • Clinic/Office address with complete contact details (if applicable)

Latest contracts showing project cost and expected income of the business

  • Certificate of Registration issued by BSP; and
  • AMLC Certificate of Registration
Additional Requirement Based on Purpose
  • Proof of amortization payments for the last three (3) months or payment history provided by the Bank;
  • Statement of account from mortgagee bank;
  • Authorization Letter to verify employment, business, and bank accounts, whichever are applicable; and
  • For foreigner spouses of Filipino borrowers, alien certificate of registration (ACR)
Property offered as collateral
  • Copy of Transfer Certificate of Title (TCT) or Condominium Certificate of Title (CCT);
  • Vicinity/Site Map or Location Map;
  • Tax Declaration for both land and improvements; and
  • Latest Tax Clearances and Real Estate Tax Receipts (RETRs)
  • Based on the approved terms and conditions for End-User Financing
  • Contract to Sell or Reservation Agreement
  • Floor plan and building plan and building specifications; and
  • Bill of materials and estimates of construction and labor costs

Click here for Real Estate Loan Fees & Charges

Sterling Bank Home Loan
Sterling Bank Home Loan
A new home doesn't have to be newly built!

Bank-owned real estate properties give you an affordable option to achieve your property ownership goals. Shop our foreclosed properties for sale now.

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