Requirements for Pag-IBIG Housing Loan Application for Refinancing

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Guide on the Requirements for Pag-IBIG Housing Loan Application You Must Submit for Refinancing

REQUIREMENTS FOR PAG-IBIG HOUSING LOAN – Here are the documents required by the Fund in applying for the loan for the purpose of refinancing.

Undeniably, there are a lot of Pag-IBIG Fund members who benefitted from the Housing Loan offer of the government office in a way that it refinanced their housing loans in banks and other lending companies. It is one of the purposes catered under the most popular loan offer of the Fund.

By having your loan refinanced by the Pag-IBIG Fund, there is a chance for longer loan term as well as adjustments of the interest on your loan. It may also give you enough time and space to be updated with your loan account.

To apply for the offer for the purpose of refinancing, here are the requirements for the Pag-IBIG Housing Loan application that you must prepare and submit to the government agency:

  • 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
  • Transfer Certificate of Title (TCT)
  • Updated Tax Declaration
  • Updated Real Estate Tax Receipt (photocopy)
  • Latest Statement of Account on Outstanding Loan Balance duly signed by the Manager or the account officer, together with any of the following:
    • Official receipt (or any valid proof of payment) for the past 6 months
    • Subsidiary Ledger
  • Vicinity Map/Sketch of the Property
How To Apply for Pag-IBIG Housing Loan

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