Pag-IBIG Home Improvement Loan Requirements – List of Documents that You Must Prepare

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Guide on Pag-IBIG Home Improvement Loan Requirements for Application

PAG-IBIG HOME IMPROVEMENT LOAN REQUIREMENTS – Here is a list of the documents that you must prepare and submit for application.

Are you planning to apply for a loan to Pag-IBIG Fund to finance the improvements that you want to do to your house? Whether it is the construction of a new room, extending the kitchen, building a lanai area, or installing solar panels, the government agency is one of the entities that you may turn to.

Pag-IBIG Home Improvement Loan Requirements
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This loan offer is covered under the housing loan offer of Pag-IBIG Fund – which the government agency is mainly known for. With regards to the Pag-IBIG Home Improvement Loan requirements, here are the documents that you should prepare and submit in applying for the offer:

  • Housing Loan Application with recent ID photo of borrower/co-borrower (if applicable) (2 copies, HQP-HLF-068/069)
  • one (1) valid ID (Photocopy, back-to-back) of Principal Borrower and Spouse, Co-Borrower and Spouse
  • Building Plans, Specification with Bill of Materials duly signed by the Licensed Civil Engineer or Architect
  • 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)
      • ITR, Audited Financial Statements, and Official Receipt of tax payment
        from bank supported with DTI Registration and Mayor’s
        Permit/Business Permit
      • Copy of Lease Contract and Tax Declaration (if income is derived from
        rental payments)
      • Certificate of Engagement issued by owner of business
      • Certified True Copy of Transport Franchise issued by appropriate
        government agency (LGU for tricycles, LTFRB for other PUVs)
      • Bank Statements or passbook for the last 12 months
      • 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
      • Income Tax Return filed with Host Country/Government
      • Certificate of Employment and Compensation (CEC)
        • CEC written on the Employer/Company’s official letterhead; or
        • CEC signed by employer
  • 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

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