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REQUIREMENTS

» Eligibility Requirements»

Processing FeeP1,000 - upon filing of housing loan application with required documents (non-refundable) P2,000 - to be deducted from loan proceeds» Basic Requirements
1. 2. Pag-IBIG Housing Loan Application Form (PHLAF) Membership Status Verification Slip (MSVS)

» Documents Required Upon Loan Application
1. 2.

Documentary Requirements Technical Requirements

» Documents Required Prior to Loan Release

DOCUMENTS REQUIRED UPON LOAN APPLICATION
A. Documentary Requirements

1. Housing Loan Application with recent ID photos of borrower 2. Membership Status Verification Slip 3. Proof of Income 3.1 For Locally Employed, any of the following: a. Notarized Certificate of Employment and Compensation (Pag-IBIG format) b. Notarized Certificate of Employment and Compensation (Employer’s format) and latest one (1) month payslip c. Income Tax Return/Certificate of Tax Withheld (BIR Form No. 2316) and latest one (1) month payslip 3.2 For Self-Employed/Other Sources of Income d. ITR, Audited Financial Statements and Official Receipt of tax payment from bank supported with DTI Registration and Mayor’s Permit/Business Permit e. Commission Vouchers reflecting the issuer’s name and contact details (for the last 12 months) f. Bank Statements or passbook for the last 12 months (in case income is sourced from foreign remittances, pensions, etc.) g. Copy of Lease Contract and Tax Declaration (if income is derived from rental payments) h. Certified True Copy of Transport Franchise issued by appropriate government agency (LGU for tricycles, LTFRB for other Public Utility Vehicle or PUVs) i. Certificate of Engagement issued by owner of business j. Other document that would validate source of income 3.3 For Overseas Filipino Workers (OFWs), any of the following: k. Employment Contract (with English translation if in foreign language) l. Original Employer’s Certificate of Income (with English translation if in foreign language). If document submitted is photocopy, it shall be duly validated and certified/initialed by HDMF Information Officer assigned in the country where the member works

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m. Other Proofs of Income, whether original or photocopy, shall be duly validated and certified/ initialed by HDMF Information Officer assigned in the country where the member works Photocopy (back-to-back) of one (1) valid ID of Principal Borrower and Spouse, Co-Borrower and Spouse, and Attorney-In-Fact, if applicable. The same ID must be presented during the conduct of borrower’s validation. Authorization to Conduct/Credit Background Investigation For OFW members, Special Power of Attorney notarized prior to date of departure or duly certified and authenticated by the Philippine Embassy or Consulate in the country where the member is staying, if abroad Insurance Coverage a. Health Statement Form (Medical Questionnaire)  OFW members over 60 years old  Loans over P2.0 M to P3.0 M and for borrowers aged up to 60 years old b. Health Statement Form (Medical Questionnaire) and Full Medical Examination  Borrowers over 60 years old Marriage Contract (For all married borrower/s, co-borrower/s, spouse, family member/s included on the computation of aggregate income) Birth Certificate or any proof of relationship, if with co-borrower/s or family member/s included on the computation of aggregate income

B. Technical Requirements a. Certified true copy of TCT/CCT by the Registry of Deeds (latest title) b. Location Plan and Vicinity Map c. Photocopy of Tax Declaration and Real Estate Tax Receipt

Sir/Madam:

Good day! Pls help me regarding my housing loan acquired year 2006 located in Celestine Ville Bgy. Gulod Cabuyao Laguna. I had internal arrangement with my kumare to assume the obligation by continuing payment of monthly amort since yr 2010. I gave her a favor to process her housing loan application even though her family is already occupying the house yr 2010 to present. But she refuse to process it til now. Actually her husband is an OFW for 3yrs qualified to apply. I gave her alrdy the requirements to secure but nothing happen. What about me & my family needs to enjoy the benefits of housing loan especially i am married with 3 little kids. Please help me, how can i force her to apply her own housing loan by assuming my obligation w/c she and her family alrdy enjoyed. Thank you for taking my letter into consideration. Hope to hear from you soon.