Requirements for Pag-IBIG Housing Loan Application for House Construction / Home Renovation

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List of Requirements for Pag-IBIG Housing Loan Application

REQUIREMENTS FOR PAG-IBIG HOUSING LOAN – Listed below are the documents needed in applying for the purpose of house construction or home renovation.

There is a huge advantage in maintaining an active and updated account to the Pag-IBIG Fund. Having one can give you access to the many benefits and offers of the government agency including the Pag-IBIG Housing Loan offer.

The said loan offer is not only to finance a residential property purchase. A qualified member may also apply for it to finance a house construction or a home renovation. There is a different list of requirements for Pag-IBIG Housing application for the said purposes.

Are you interested to apply for the loan offer to finance your house construction or home renovation? Here are the documentary requirements for Pag-IBIG Housing Loan application that you must submit:

  • two (2) copies of the Pag-IBIG Housing Loan Application Form with recent ID photo of borrower/co-borrower (if applicable)
  • one (1) valid ID
    • Principal Borrower
    • Co-borrower
    • Seller
    • Developer’s Authorized Representative and Attorney-in-Fact
    • Spouses of the parties involved, if applicable
  • proof of Income
    • If employed, prepare any the following documents:
      • Certificate of Employment and Compensation (CEC)
        • indicating the gross monthly income and monthly allowances or monthly monetary benefits received by employee
        • duly signed by the authorized signatory of the employer
      • Latest Income Tax Return (ITR) for the year immediately preceding the date of loan application
      • one (1) month payslip, within the last three (3) months prior to date of loan application
    • If self-employed, prepare any of the following documents:
      • 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)
      • 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)
      • Certificate of Engagement issued by owner of business
    • If overseas Filipino worker (OFW), prepare any of the following:
      • Employment Contract
        • Employment Contract between employee and employer or POEA Standard Contract
      • Notarized Certificate of Employment and Compensation (CEC)
        • CEC written on the Employer/Company’s official letterhead or CEC signed by employer
  • Updated Tax Declaration (House and Lot)
  • Updated Real Estate Tax Receipt (photocopy)
  • Building Plans, Specification with Bill of Metrials duly signed by the Licensed Civil Engineer or Architect
  • Vicinity Map/Sketch of the Property
How To Apply for Pag-IBIG Housing Loan

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