REAL ESATE LAWS AND REFERENCES 2.7

What are the requirements from Pag-ibig for loan application?

PAG-IBIG LOAN

If Employed or Self-employed:
* Community Tax Certificate  – This is easily secured at the City Hall, Barangay Hall. Your Real Estate Agent can help you secure this.
* Proof of Billing (original) – Any utility bill like electric bill, waterbill, internet, insurance, etc. to show proof of address
* T.I.N. (Tax ID Number) – This can be secured at the BIR office
* Latest pay slip of borrower and spouse (original)
* 2 pcs HDMF Premium Contribution Certificate (original)
* Marriage Contract or Birth Certificate (Photocopy)
* W2 BIR form (photocopy) – This is your Annual Income Tax Copy
* 2 pcs Notarized Certificate of Employment with Compensation (original)
* Post dated checks for down payment
* 24 month Pag-ibig contribution for members. For non-members, pay 24 months contribution upon reservation

If OCW:
All of the above plus the following:
* 3 pcs Notarized Special Power of Attorney (SPA)
* Income Tax Return and W2 confirmation receipt for the last 2 years immediately preceeding date of loan application
* Notarized Employment Contract and Employer’s Certificate of Income duly certified by employer.