Pag-IBIG Home Loan Requirements: List of Documents that You Must Submit in Applying

by

Guide on Pag-IBIG Home Loan Requirements – What You Need to Prepare!

PAG-IBIG HOME LOAN REQUIREMENTS – Below is a list of documents needed in applying for the housing loan offer of Pag-IBIG Fund.

The Pag-IBIG Fund, one of the biggest government agencies in the Philippines, is mainly known for its housing loan offers to its members. Its qualified members with active accounts may apply for the housing loan for the purposes of acquiring a residential property, financing a house construction or home improvement, refinancing of an existing home loan, or combined loan purposes.

Pag-IBIG Home Loan Requirements
Photo Credit: Pinnacle

Do you want to check your loanable amount under this Pag-IBIG loan offer? Feel free to visit – Pag-IBIG Housing Loan Calculator: Here’s To Check about your Loanable Amount.

In applying for loan, there are Pag-IBIG Home Loan requirements that you must prepare and submit to the government agency. Check the list below for the documents that are needed for the evaluation of your loan application to Pag-IBIG Fund.

  • Housing Loan Application with recent ID photo of borrower/co-borrower (if applicable) (2 copies, HQP-HLF-068/069)
  • Building Plans, Specification with Bill of Materials duly signed by the Licensed Civil Engineer or Architect
  • one (1) valid ID (Photocopy, back-to-back) of Principal Borrower and Spouse, Co-Borrower and Spouse
  • proof of Income:
    • If you are employed, submit any of the following:
      • Certified One (1) Month Payslip, within the last three (3) months prior to
        date of loan application
      • Notarized Certificate of Employment and Compensation (CEC)
      • Latest Income Tax Return (ITR) for the year immediately preceding the
        date of loan application, with attached BIR Form No. 2316, stamped
        received by the BIR
    • If you are self-employed, submit any of the following:
      • Commission Vouchers reflecting the issuer’s name and contact details
        (for the last 12 months)
      • Copy of Lease Contract and Tax Declaration (if income is derived from
        rental payments)
      • Certificate of Engagement issued by owner of business
      • ITR, Audited Financial Statements, and Official Receipt of tax payment
        from bank supported with DTI Registration and Mayor’s
        Permit/Business Permit
      • Bank Statements or passbook for the last 12 months
      • Certified True Copy of Transport Franchise issued by appropriate
        government agency (LGU for tricycles, LTFRB for other PUVs)
      • Other document that would validate source of income
    • If you are an overseas Filipino worker (OFW), submit any of the following:
      • Employment Contract
        • Employment Contract between employee and employer; or
        • POEA Standard Contract
      • Certificate of Employment and Compensation (CEC)
        • CEC written on the Employer/Company’s official letterhead; or
        • CEC signed by employer
      • Income Tax Return filed with Host Country/Government
  • Updated Real Estate Tax Receipt and Updated Tax Declaration and (photocopy), if applicable

Submit your documents to Pag-IBIG Fund for evaluation. Wait for an update from the government agency regarding the status of your loan application.

You may also visit – Pag-IBIG Cash Loan Requirements: Full List of Documents You Must Submit in Applying

Leave a Comment