Saturday, February 4, 2012

PAGIBIG HOUSING LOAN 2


CHECKLIST OF REQUIREMENTS FOR Pag-IBIG HOUSING LOAN
(Window 2 Accounts)
I. DOCUMENTS REQUIRED UPON LOAN APPLICATION 


For Borrower
1. Housing Loan Application (2 copies) with recent ID photos of borrower
2. Membership Status Verification Slip (MSVS)
3. Income Documents:
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
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
For Overseas Filipino Workers (OFW), 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.
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.
4. Photocopy (back-to-back) of one (1) valid primary 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.
5. Authorization to Conduct/Credit Background Investigation
6.  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
7. 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
8. Marriage Contract  (For all married borrower/s, co-borrower/s, spouse, family member/s included on the
computation of aggregate income)
9. Birth Certificate or any proof of relationship, if with co-borrower/s or family member/s included on the
computation of aggregate income
For Developer
1. Certified true copy of TCT/CCT/Free Patent Titles issued under RA No. 10023/miscellaneous sales patents or
sales patents issued under RA No. 730, as amended by Presidential Decree No. 2004  by the Register of
Deeds (latest title)
2. Photocopy of Updated Tax Declaration and Updated Real Estate Tax Receipt
3. Deed of Assignment of CTS with SPA (With Buyer’s Conformity)
4. Contract-to-Sell (CTS)
II.  DOCUMENTS REQUIRED PRIOR TO LOAN RELEASE
For Borrower
1. Collection Servicing Agreement with Authority to Deduct Loan Amortization or Post Dated Checks, if
applicable
2. Proof of Billing Address
For Developer
1. Individual transfer Certificate of Title (TCT)/Condominium Certificate Title (CCT)/Free Patent Titles issued
under RA No. 10023/miscellaneous sales patents or sales patents issued under RA No. 730, as amended by
Presidential Decree No. 2004 covering the subject house and lot package with Deed of Assignment of CTS
with SPA (With Buyer’s Conformity) duly annotated thereon.
2. Loan Mortgage Documents
a. Deed of Assignment of CTS with SPA (With Buyer’s Conformity)
b. Contract-to-Sell (CTS)
c. Promissory Note
d. Disclosure Statement on Loan Transaction (pre-signed)
e. Deed of Absolute Sale (pre-signed)
f. Loan and Mortgage Agreement (pre-signed)
3. Certificate of House and Lot Acceptance, if applicable
4. Occupancy Permit, if applicable
The Pag-IBIG Fund reserves the right to request additional documents to facilitate loan evaluation process.
(Revised/June 2011)

source: pagibigfund.gov.ph

1 comment:

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