PAG-IBIG HOUSING LOAN APPLICATION REQUIREMENTS

Below are the standard requirements for a Pag-IBIG housing loan.

1. Two copies of accomplished Pag-IBIG housing loan application form

Information on loan purpose, collateral, borrower’s data, borrower’s

spouse’s data, gross monthly income, bank accounts, credit cards, real
estate, any outstanding credits, trade references, and character
references
2. One back-to-back photocopy of a government issued ID of:


Principal borrower

Spouse (if applicable)

Co-borrower (for Affordable Housing Program)

Seller and spouse (if purchasing an existing property)
Developer’s Authorized Representative (if applicable)


Attorney-In-Fact (if applicable)
3. Proof of Income (see section below for more details)
4. Two copies of the Payment Order Form and fees (non-refundable)


P1000 for filing, processing, and submission of application with complete
documents
 P2000 appraisal fee to be submitted with the processing fee
 P2000 to be deducted from the loan proceeds, once approved and ready
for release
DOCUMENTS ACCEPTED FOR PROOF OF INCOME
For employees
 Certificate of Employment and Compensation (notarized) with gross monthly
income including allowances or benefits
 Latest Income Tax Return with attached BIR stamped received BIR Form 2316
 Certified pay slips 3 months prior to the date of loan application
 Commission Vouchers for the last 6 months (if applicable)

Documents Required Upon Loan Approval

Once approved, there are a few more documents you need to provide before the
loan gets released:
 One Certified True Copy and one photocopy of the Transfer Certificate of Title
or Condominium Certificate of Title in the name of the borrower and co-
borrower (if applicable), with Pag-IBIG fund mortgage annotation.
 Updated Tax Declaration for house and lot in the name of the borrower/s (if
applicable)
 Photocopy of Updated Real Estate Tax Receipt in the name of the borrower/s
(if applicable)
 Occupancy Permit (if applicable)
 Loan Mortgage Documents
 Dead of Absolute Sale registered and stamped by the Registry of Deeds
 Disclosure Statement on Loan Transaction
 Notarized Promissory Note
6 STEPS IN HOUSING LOAN AVAILMENT
Pag-IBIG Housing Loan
How to buy a property using Pag-IBIG Housing Loan?
Step 1.

Get your or checklist of requirements, Housing Loan (HL) application form and other related forms at
the Servicing Department of any provincial branch office of Pag-IBIG fund. Forms can also be
downloaded HERE.

Accomplish the following forms prior to filing:

 Health Statement Form (Medical Questionnaire)

o For OFW members over 60 years old
o For Loans over Php 2M to Php 6M and for borrowers aged up to 60 years old
 Health Statement Form (Medical Questionnaire) and Full Medical Examination
o Borrowers over 60 years old

Step 2

Submit your Housing Loan Application to the Pag-IBIG Fund with complete requirements. Pay partial
processing fee of Php 1 ,000 (non-refundable).

 For NCR Properties, file at any of the following:

o JELP Business Solutions Building #409 Shaw Boulevard Mandaluyong City (near
Dumlao Gym)
o Kamias Branch # 795 Anchor Center EDSA Quezon City (near GMA Kamuning Station)
o Imus Branch Olma Bulding Emilio Aguina do Highway Imus, Cavite
 Provincial Properties: To be filed at the Pag-IBIG office nearest the subject property

Processing Period: 20 working days (Inclusive of Credit Investigation and Property Valuation)

You may also file your HL application online via www.pagibigfund.gov.ph, E-Services.

Step 3
Receive your Notice of Approval (NOA)I Letter of Guarantee (LOG) and sign your loan documents.

 NOA will be released ONLY to the borrower or to the Attorney-ln-Fact for OFW borrowers,
provided with SPA.

Step 4
Accomplish your NOA requirements for check release:

You are given 90 calendar days to do the following:

 For purchase of House and Lot/Purchase of Condominium Unit/Purchase of Lot

o Give LOG to the seller
o Proceed to the BIR for payment of Capital Gains Tax and Documentary Stamp Tax.
The BIR will issue Certificate Authorizing Registration
o Proceed to the Local Government Unit (LGU) for payment of Transfer Tax
o Proceed to the Registry of Deeds (RD) for the transfer of the title and annotation at
mortgage
o Proceed to the LGU for the transfer of Tax Declaration
o Submit complete requirements to Pag»lBIG Fund
  For purchase of House and Lot Mortgaged with Pag-IBIG Fund
o Proceed to the BIR for payment of Capital Gains Tax and Documentary Stamp Tax.
The BIR will issue Certificate Authorizing Registration
o Proceed to the Local Government Unit (LGU) tor payment of Transfer Tax
o G0 to the Pag-IBIG office to schedule trip to the Registry of Deeds (RD) for transfer of
title and annotation of mortgage
o Proceed to the LGU for transfer 0f Tax Declaration.
o Submit complete requirements to Pag-IBIG Fund
 For construction of House/Home Improvement
o Proceed to the BIR for payment of Documentary Stamp Tax
o Proceed to the Registry of Deeds (RD) for annotation of mortgage
o Submit complete requirements to Pag-IBIG Fund
 For refinancing
o Proceed to the bank/financing institution to give the Letter of Guaranty (LOG) and Loan
and Mortgage Agreement (LMA)
o Proceed to the Registry of Deeds (RD) for annotation of mortgage
o Submit complete requirements to Pag-IBIG Fund

Step 5
Receive loan proceeds at the Pag-IBIG Fund

 Payee to bring two (2) valid IDs. (Payee is either the borrower, the seller, or a third party to
which the loan proceeds is assigned to be released.) Borrower to bring 12 PDCs (if payment is
not through salary deduction).
 Loan proceeds will be released to the person/institution assigned by the borrower/buyer.

Step 6
Start paying your monthly amortization.

 One month from DV/Check Date

 For house construction / home improvement, one month from DV Check Date of the final loan
release.
o For house construction or home improvement, the loan release shall be staggered
based on the progress of construction.