Guide on SSS House Renovation Loan Requirements 2025 for Application
SSS HOUSE RENOVATION LOAN REQUIREMENTS 2025 – Overseas Filipino Worker (OFW) members of the Social Security System must comply and submit these documents.
Many Filipinos decided to leave the Philippines and work in other countries to give their families comfortable lives. Truth be told that in some professions or line of work, the compensation provided abroad is bigger than what is given in the country. However, on the other side of that lies the priceless challenge of being away from your own family.
Most OFWs do not only want to be able to provide for the day-to-day expenses of their families but as well as to house them in a comfortable home. However, there might be instances like calamities when the house you built may incur damages or you simply want to make renovations.
If you are a member of the Social Security System, you have something to turn to — the SSS Housing Loan or may also be called as the SSS House Renovation Loan for the purpose it is ready to serve. You may apply for it for house repair or home improvement purposes.
The Social Security System has several loan offers. Aside from the SSS Calamity Loan offer, the SSS House Renovation Loan is another loan offer that you may turn to in times of natural disasters or even without a calamity. You may apply for it for several purposes including the financing of the construction of concrete fence and steel gate, installation of deep well and motor pump, and extension or expansion and enhancement of economic and aesthetic value of an existing housing unit among others.
Who are qualifid to apply for the SSS Home Renovation Loan? Aside from the locally-employed and self-employed members of the social insurance giant, OFW members who meet the following eligibility criteria may also apply for the loan offer:
- member of SSS who has at least thirty-six (36) months contributions and twenty-four (24) continuous contributions in the period prior to application
- not more than sixty (60) years old at the time of application
- not previously granted a repair and/or improvement loan by the SSS or NHMFC
- not been granted final SSS benefits
- borrower and spouse is updated in the payment of their other SSS loan(s), if any
With regards to the requirements in applying for the SSS House Renovation Loan, here are the documents that qualified OFW members should submit in applying for the loan offer:
- duly-accomplished SSS Housing Loan Application Form for Direct House Repair and/or Improvement Loan (2 copies)
- SS ID Cards of the principal applicant and his/her spouse, if applicable
- Contract of Employment and Certification of Employment and Compensation duly authenticated by the Philippine Consulate or SSS Foreign Representative
The Social Security System got collateral requirements or documents that pertains to the property to be repaired or renovated. You need to gather the following SSS House Renovation Loan requirements:
- Building or Renovation Permit issued/approved by the Building Official with Locational Clearance, Electrical Permit, Sanitary/Plumbing Permit and corresponding official receipts of payments (original and one (1) photocopy
- Certified true copy of the Original/Transfer/Condominium Certificate of Title (OCT/TCT/CCT) issued by the Registry of Deeds together with owner’s duplicate copy*
- latest Tax Declaration of Real Property (land and building) with the Official Receipt of Realty Tax Payment (original and one (1) photocopy)
- Lot/Location Plan prepared, signed & sealed by a licensed geodetic engineer with the following:
- sketch of the lot with description of its boundaries
- lengths and bearings of the tie line and sides of the lot
- vicinity map w/ landmarks, street pattern, street names and lot distance as reckoned/based from the lot to the nearest street intersection (2 copies)
- Consolidation-subdivision plan approved by the Land Registration Authority or Bureau of Lands/DENR-NCR (15” x 20” size; primary document) (1 copy)
- complete set of building plan
- specifications and Bill of Materials & Labor must be signed & sealed by a licensed civil engineer or architect with owner’s conformity
- scope of Works showing list/itemized works to be done according to priority, prepared and signed by owner, civil engineer or architect. (original and one (1) photocopy)
- pictures of existing collateral; the existing house and lot
- 1st – Front and one side
- 2nd – Rear and other side
- 3rd – Kitchen counter
- 4th – Toilet and Bath Pictures
There is a different set of collateral requirements in the case of condominium units. Here are the documents that you should submit:
- Floor plan of the specific condominium unit, scaled with size dimensions (20” x 30” size, blue/whiteprint copy) signed & sealed by licensed architect or civil engineer
- First page of the condominium building plans showing the site development plan, vicinity map, etc., as approved by the Building Official
- Architectural Plans showing the plan of the specific floor where the unit is located; Floor plan should be scaled with size dimensions
Aside from the Calamity and Housing Loan offers, the social insurance giant also has the SSS Cash Loan.