Guide on Pag-IBIG Calamity Loan Requirements for OFW Member-Borrowers
PAG-IBIG CALAMITY LOAN REQUIREMENTS IF YOU’RE AN OFW – Here is a list of the documents you must submit in applying for Pag-IBIG Calamity Loan.
Many Filipinos who are working abroad are members of Pag-IBIG Fund in the Philippines. The members are eligible for loans and other services provided by the government agency as long as they pass the eligibility and documentary requirements.
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 an OFW, 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):
- Certificate of Employment and Compensation (CEC)
- Employment Contract
- Income Tax Return filed with Host Country/Government
You may also read – Pag-IBIG Salary Loan Requirements: List of Documents You Must Submit