Guide on Pag-IBIG Calamity Loan Requirements for Self-Employed Member-Borrowers
PAG-IBIG CALAMITY LOAN REQUIREMENTS IF YOU’RE SELF-EMPLOYED – Here is a list of the documents you must submit in applying for Pag-IBIG Calamity Loan.
Among the members of Pag-IBIG Fund are self-employed individuals. A lot of members are qualified to the loans offered by the government agency. One of these offers is the Calamity Loan.
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In times of calamity…
When calamity strikes your are and you are a Pag-IBIG Fund area, you may turn to the government agency’s calamity loan offer. It best suits those who need financial assistance after a calamity damaged their home or source of living.
Who are qualified to apply for Pag-IBIG Calamity Loan offer?
To qualify for this loan offer, the member-borrower should have posted at least twenty-four (24) monthly savings with at least one (1) monthly membership saving within six (6) months prior to the loan application.
To apply for the Pag-IBIG Calamity Loan, there are requirements that you must submit. The documents needed in applying for the loan offer depends whether you are locally employed, self-employed, or an overseas Filipino worker (OFW). If you are employed, you must prepare and submit the following general requirements and proof of income:
General Requirements:
- original copy of a duly-accomplished and signed Pag-IBIG Calamity Loan Application Form
- photocopy of a valid ID acceptable to the Fund
Proof of Income (submit any of the following):
- Certified True Copy of Transport Franchise issued by appropriate government agency (in original copy)
- notarized Affidavit of Income (HQP-SLF-136) (in original copy)
- Commission Vouchers reflecting the issuer’s name and contact details (in original copy)
- Income Tax Return (ITR), Audited Financial Statements, and Official Receipt of tax payment from bank supported with DTI Registrant and Mayor’s Permit/Business Permit (in photocopy)
- Certificate of Engagement issued by the owner of business (in original copy)
- Bank Statements or passbook for the last 12 months (in original copy)
You may also read – Pag-IBIG Salary Loan Requirements: List of Documents You Must Submit