Guide on Pag-IBIG HEAL Loan Requirements You Must Prepare & Submit
PAG-IBIG HEAL LOAN REQUIREMENTS 2024 – Locally-employed members of the Pag-IBIG Fund may check here the documents required for application.
Are you one of the members of the Pag-IBIG Fund who has availed a Housing Loan? If you are past your 5th year in your loan term now, you might be thinking that it’s time for you to achieve other goals. On the cash that you will need, there is an option that you can turn to.
The Pag-IBIG loans that members of the Funds may apply for do not only include the Multi-Purpose Loan offer, the Calamity Loan, and the Housing Loan. The Fund also offers the Pag-IBIG Home Equity Appreciation Loan or the Pag-IBIG HEAL which may be new to you.
The Pag-IBIG Home Equity Appreciation Loan was crafted by the Fund to help the members achieve their other goals like buying a car or renovating the house. It is open even for self-employed members with existing Housing loans to the Fund.
What are the Pag-IBIG HEAL Loan requirements for application? The lists of documents required by the Fund may vary depending on the source of income of the member. In the case of the self-employed individuals, here are the documents required by the Fund for application:
- duly-accomplished Pag-IBIG Home Equity Appreciation Loan (HQP-HLF-858)_V01
- duly-accomplished Pag-IBIG Home Equity Appreciation Loan, for co-borrower/s (HQP-HLF-868)_V01
- Proof of Income (any of the following):
- Certificate of Employment and Compensation (CEC), indicating the gross monthly income and monthly allowances or monthly monetary benefits received by the employee (1 original copy) duly signed by the authorized signatory of the employer
- atest Income Tax Return (ITR) for the year immediately preceding the date of loan application, with attached BIR Form No. 2316, duly acknowledged by the BIR or authorized representative of employer
- one (1) Month Payslip, within the last three (3) months prior to date of loan application with name and signature of the authorized signatory of employer
- one (1) valid I.D.
- updated Real Estate Tax Receipt/s as of the quarter immediately preceding the date of application
- Health Statement Forms
- Conformity Form for New/Subsequent Housing Availment (HLF409_V03), for co-borrowers who need to express their consent to the new HEAL application
Which ID you can use to applying for the Home Equity Appreciation Loan offer of the Pag-IBIG Fund? You may choose from any of the following to include to your Pag-IBIG HEAL Loan requirements:
- Philippine Identification (PhilID) Card
- Passportincluding those issued by foreign governments
- Driver’s License
- Professional Regulation Commission (PRC) ID
- National Bureau of Investigation (NBI) Clearance
- Police Clearance
- Postal ID
- Voter’s ID
- Tax Identification Number (TIN) ID
- Barangay Certificationor Barangay IDs or similar documents bearing picture of the Member
- Government Service Insurance System (GSIS) e-Card
- Social Security System (SSS) Card
- Senior Citizen Card
- Overseas Workers Welfare Administration(OWWA) ID
- Overseas Filipino WorkerID
- Seaman’s Book or Seafarer’s Identification and Record Book (SIRB)
- Alien Certification of Registration/Immigrant Certificate of Registration
- Government Office and GOCC ID, e.g. AFP ID, Pag-IBIG Fund Loyalty Card
- ID issued by the National Council on Disability Affairs (NCDA)
- Department of Social Welfare and Development (DSWD) Certification
- Integrated Bar of the Philippines ID
- Company ID issued by Private Entities or Institutions Registered with or supervised or regulated either by the BSP, SEC or IC
- PhilHealth Health Insurance Card ng Bayan.