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Requirements for SSS Housing Loan for Repairs and/or Improvements

List of Requirements for SSS Housing Loan Application

REQUIREMENTS FOR SSS HOUSING LOAN – Here is a guide on the documents that you must prepare in applying for house repair and/or improvement.

A residential property is one of the best possessions but it also has to be maintained. Every once and in a while your house would need some repairs depending on how often you have the damages fixed right away. It is part of being a practical homeowner because the longer you will have a certain damage fixed, the bigger is the cost may be.

If not repairs, you might want to do some home improvement. There are cases when another room has to be constructed, the kitchen has to be moved to make the most of the lot area, you want to add a balcony, etc. The cost of the project would depend on what you want to happen.

If you are up for a house repair or a residential property improvement, you may turn to the Social Security System. It is more commonly called “SSS“.

Requirements for SSS Housing Loan

SSS has several loan offers for the public. One of them is the housing loan for the purpose of house repair or home improvement. The loan is available directly from the social insurance institution or through its accredited participating financial institutions (PFIs).

In applying for this loan offer, there are requirements for SSS Housing Loan that you must prepare. The social insurance institution will be asking both personal documents of the member-applicant and documents of the residential property.

For the requirements for SSS Housing Loan for house repair and/or home improvement purposes, feel free to visit the official website of the social insurance institution – SSS.

Other SSS-accredited financial institutions include the Philippine Veterans Bank, Land Bank of the Philippines, Platers Development Bank, and Valiant Rural Bank – Iloilo. The social insurance institution also has a housing loan offer for the overseas Filipino workers (OFWs) – Apply for SSS Housing Loan for OFWs w/ These Easy Steps.

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