Guide on Pag-IBIG HEAL Loan Requirements You Must Prepare & Submit
PAG-IBIG HEAL LOAN REQUIREMENTS 2024 – Self-employed members of the Pag-IBIG Fund may check here the documents required for application.
In the Philippines, one of the giant state-run social entities is the Pag-IBIG Fund. It was crafted to help the Filipino people, most especially the low-income earners, achieve a house of their own. The Pag-IBIG Housing Loan offer is undeniably one of the most popular home loan offers in the country.
The Housing Loan offers of the Fund is ready to finance the purchase of residential properties, house construction or home renovation, and home loan take-out. It is also ready to finance a combination of purchasing a residential property and house construction. However, truth be told that after getting a housing loan, not everyone can achieve their other goals.
In the case of the Pag-IBIG Fund Housing Loan borrowers, there is a chance to achieve the other goals. After five (5) years of paying for the Housing Loan, a member may apply for the Pag-IBIG Home Equity Appreciation and Development or HEAL.
The Pag-IBIG HEAL is open not only for the salaried members of the Fund but as well as the self-employed members. Here are the Pag-IBIG HEAL Loan requirements for the self-employed members:
- 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:
- ITR, Audited Financial Statements, and Official Receipt of tax payment from bank supported with DTI Registration and Mayor’s Permit/Business Permit
- Commission Vouchers reflecting the issuer’s name and contact details (for the last 12 months)
- Bank Statements or passbook for the last 12 months (in case income is sourced from foreign remittances, pensions, etc.)
- Copy of Lease Contract and Tax Declaration (if income is derived from rental payments)
- 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
- Other document that would validate source of income
- 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
Part of the Pag-IBIG HEAL Loan requirements is a valid ID. You can choose from any of the following identification document to present to the Fund in applying for the loan offer.
- 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.