Sunday, February 5, 2012

PAGIBIG Housing Loan 3

(FLH050-6)



CHECKLIST OF REQUIREMENTS FOR Pag-IBIG HOUSING LOAN
(Window 3 Accounts) 
I. DOCUMENTS REQUIRED UPON LOAN APPLICATION 


1. Housing Loan Application (2) with recent ID photos of borrower 
2. Membership Status Verification Slip 
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
10. 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) 
11. Photocopy of Updated Tax Declaration and Real Estate Tax Receipt 
12. Location Plan and Vicinity Map 




ADDTIONAL REQUIREMENTS: 


revised June 2011




II. DOCUMENTS REQUIRED PRIOR TO LOAN RELEASE 
1. 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  in the name of the borrower with proper 
mortgage annotation in favor of Pag-IBIG Fund (Owner’s Duplicate Copy) 
2. 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  in the name of the 
borrower  with proper mortgage annotation in favor of Pag-IBIG Fund (RD’s copy) 
3. Photocopy of New Tax Declaration in the name of borrower and updated Real Estate Tax Receipt 
4. Loan Mortgage Documents 
a. Loan and Mortgage Agreement with original RD stamp 
b. Deed of Absolute Sale with original RD stamp (for PL, PLCH and PRU)
c. Notarized Promissory Note 
d. Disclosure Statement on Loan Transaction 
5. Building Plans/Electrical/Sanitary Permits duly approved by the building officials (for PLCH, CH and HI)
6. Occupancy Permit (for PRU (new), PLCH, CH and HI)
7. Collection Servicing Agreement with Authority to Deduct Loan Amortization or Post Dated Checks, if applicable 
8. Proof of Billing Address 
source: pagibigfund.gov.ph

2 comments:

  1. The article is worth reading,Thank you very much! I will keep your new articles.

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  2. Hey Thanks for sharing this informative blog it seems very helpful, i was looking for same kind of content about emi for home loan

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