Requirements | Minami Residences

Purchase Journey

Begin your home search by reading through these step by step journey.

Guide to Prospective Buyers

Consider these helpful tips for a successful home purchase.

Requirements

Get familiar with the documents you will need for home loans.

Reservation

Find out how you may reserve a Minami Residences home.

Move-in Tips

Here are some tips to consider before you actually move-in.

Prepare the Basic Documents Required

To help you prepare for your home purchase, we have listed the basic documents that may be asked of you when you apply for bank loans. Read through the checklist to determine your readiness for the next big leap!

Three (3) pieces of your 1×1 photo
Tax Identification Number (TIN) ID or One-Time Taxpayer BIR Form 1904
Photocopy of two (2) government-issued IDs
Latest proof of billing under the name of the buyer or lessor, or a Barangay Certificate
For OFWs: Photocopy of Passport (with stamp indicating the date of arrival and departure)
Additional documents based on civil status, such as marriage certificate (when married)
Proof of Income (latest ITR, Job Contract/Certificate of Employment with compensation, 3-months payslip)
Post-Dated Cheques (for Equity)
Other additional documents required by Property Company of Friends Inc. (PCFI) or the accredited bank

Additional Guidelines for Overseas Filipino Workers

Proof of Income (latest ITR, Job Contract/Certificate of Employment with compensation, 3-months payslip)
Post-Dated Cheques (for Equity)
Other additional documents required by Property Company of Friends Inc. (PCFI) or the accredited bank

If you are an Overseas Filipino Worker or residing abroad, you will need an Attorney-In-Fact (AIF) to be your representative. An AIF is a legally designated individual who transacts business on behalf of the buyer. He/she must be 21 years of age and able to read and write. At the same time, the AIF should be an immediate family member up to the second degree of affinity or consanguinity. This means that the only people eligible to become your AIF are the following:

1st Degree of Affinity – Your Spouse
1st Degree of Consanguinity – Your Parents and Son/Daughter
2nd Degree of Affinity – Your Parent-in-Law and Son/Daughter-in-Law
2nd Degree of Consanguinity – Your Grandparents, Brothers, Sisters, and Grandchildren

Any family member beyond the second degree, such as aunts, uncles, grandparents-in-law, nieces, nephews, and first cousins, are not eligible to act as your AIF.