The BPInoy Seafarer's Home Loan Program was especially packaged by BPI Direct in partnership with its accredited Manning Agency clients for qualified seafarers and employees. Through this Program, you are assured of low interest rates, easy-on-the pocket loan amortization, speedy loan processing and worry-free loan payment even during off-board months. We even tied-up with accredited real estate developers to make available properties that are of the highest quality, yet very affordable.


A. Housing Loan Information
• Duly accomplished Application Form

B. Income Documents
• POEA-authenticated contract with accredited Manning Agency
Office Personnel
• Certificate of Employment from the Manning Agency indicating annual salary and position

C. Collateral Documents
For Accredited Real Estate Developer
- No need to submit any document
For Construction
1. Building plans and specification
2. Bill of materials and scope of work
1. Official receipt of payment for the last six months or Bank Statements of deposit account where    amortization was debited.
 2. Statement of Account from other banks showing loan outstanding balance.

D. Processing Fees
+Original Owner's Copy of TCT/CCT
+Certified True Copy of the latest Realty Tax Declaration on land and improvements under the name of the borrower/mortgagor
Real Estate Tax Clearance
+Photocopy of latest Community Tax Certificate
+Health Declaration Form for MRI enrollment with Ayala Life
+Medical Examination with Ayala Life, if applicable
+Fire/Lightning/Earthquake insurance coverage through BPI/MS, if applicable
+Opening of Deposit Account with BPI Direct Savings Bank
+Four copies of Special Power of Attorney, if applicable 
1.Mortgage Registration Fees
2. Mortgage Redemption Insurance Premium
3. Fire/Lightning/Earthquake Insurance Premium

To know more about this loan, simply log on to and choose Learn More under Loans. You may also call BPI Express Phone 89-100.