LIST: SSS Loan Requirements You Must Prepare in Applying for House Repairs or Improvements Loan

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Guide on SSS Loan Requirements for House Repairs or Improvements Purpose

SSS LOAN REQUIREMENTS – Here are the documents that you must prepare in applying for the House Repairs or Improvements Loan to the Social Security System (SSS).

If you are a member of the Social Security System (SSS), you may apply for a housing loan for the purpose of house repair or improvement. There are documents that you must submit in applying for the loan offer.

SSS Loan Requirements for House Repair Improvement Loan
Photo Credit: Efren Nolasco

List of SSS Loan Requirements for Housing Repairs / Improvements Loan:

  • duly-accomplished SSS Loan Application Form for Direct House Repair and/or Improvement Loan in two (2) copies
  • SS ID cards of the principal borrower (and spouse if married)
  • Proof of Income:
    • If employed…
      • latest Income Tax Return in original and photocopy for authentication
      • Certificate of Employment and Compensation bearing the signature of the employer
      • Two (2) latest monthly payslips
    • If self-employed or professional…
      • Income Tax Returns
      • original and photocopies of Financial Statements for the last three (3) years
    • If overseas Filipino worker (OFW)…
      • Contract of Employment
      • Philippine Consulate-certified Certification of Employment and Compensation (or certified by a foreign representative of the Social Security System)
  • Certified true copy of the Original/Transfer/Condominium Certificate of Title (OCT/TCT/CCT) issued by the Registry of Deeds together with owner’s duplicate copy
  • Lot/Location Plan prepared, signed & sealed by a licensed geodetic engineer
  • Latest Tax Declaration of Real Property
  • original and photocopy of the Official Receipt of Realty Tax Payment

In case the applicant has no SS ID card, he or she can present two (2) valid IDs indicating the owner’s signature with at least one (1) of the ID bearing a photo.

Do you want to know how much you may borrow under this loan offer? Feel free to visit – SSS Housing Loan Calculator – How Much You May Borrow for Repairs/Improvements.

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