Philippines - Apply for Pag-IBIG Housing Loan

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Procedure

Apply Online

1. To Apply for Pag-IBIG Housing Loan, the applicant has to make the application online via the link
2. The applicant has to click “proceed” and “select loan type” and click “membership id Number”
3. The applicant has to fill in all the necessary details in the application form.
4. Make sure that the applicant has attached all the necessary documents that are mentioned in the “Required Documents” section of this page.
5. Review the application and click “submit”.
6. After receiving the application, the concerned authority will check the submitted application and document set. If all are in place, the application will be accepted.
7. All applications are processed within a reasonable time, having regard to the particular circumstances of each application, including the completeness of information and documents submitted to the authority by the applicant.
8. Later the applicant will receive a notice of approval (NOA) AND Letter of Guaranty (LOG). The applicant will be advised where to conveniently claim your NOA and LOG.
9. Complete the requirements Stated on the Notice of Approval within 90 calendar days. this includes among others the transfer of title and annotation of the mortgage.
10. Upon submission of your post-approval requirements, the applicant will receive the proceeds of the loan within 10 working days.
11. The applicant will notify how the loan proceeds released safely and conveniently.
12. The applicant has to pay the IBIG housing loan exactly one month after its release date.

Apply In-Person:

1. To Apply for Pag-IBIG Housing Loan, the applicant has to approach the Pag-IBIG Fund office Link
2. An application form will be provided to the applicant by the concerned officer. Or the applicant has to download the application form from the following link
3. For Principal borrowers, please click here to download your Housing Loan Application form (HLA HQP-HLF-068)Link
4. For Co-borrowers, please click here to download your Housing Loan Application form (HLA HQP-HLF-069) link
5. The applicant has to fill in all the necessary details in the application form. (Incomplete applications are not accepted)
6. Make sure that the applicant has attached all the necessary documents that are mentioned in the “Required Documents” section of this page.
7. The applicant has to attach the photocopies of the required documents along with the application form while submitting.
8. Submit all the documents with the completed form to the concerned officer.
9. After receiving the application, the concerned authority will check the submitted application and document set. If all are in place, the application will be accepted.
10. All applications are processed within a reasonable time, having regard to the particular circumstances of each application, including the completeness of information and documents submitted to the authority by the applicant.
11. Later the applicant will receive a notice of approval (NOA) AND Letter of Guaranty (LOG). The applicant will be advised where to conveniently claim your NOA and LOG.
12. Complete the requirements Stated on the Notice of Approval within 90 calendar days. this includes among others the transfer of title and annotation of the mortgage.
13. Upon submission of your post-approval requirements, the applicant will receive the proceeds of the loan within 10 working days.
14. The applicant will notify how the loan proceeds released safely and conveniently.
15. The applicant has to pay the IBIG housing loan exactly one month after its release date.

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Required Documents

Completed application form

• For Principal borrowers, please click here to download your Housing Loan Application form (HLA HQP-HLF-068) Link
• For Co-borrowers, please click here to download your Housing Loan Application form (HLA HQP-HLF-069) link

FROM BORROWER

• Housing Loan Application with recent ID photo of borrower/co-borrower (if applicable)
• Proof of Income
• For Locally Employed
• For Self-employed
• For Overseas Filipino Workers (OFW)
• One (1) valid ID (Photocopy, back-to-back) of Principal Borrower and Spouse, Co-Borrower and Spouse, Seller and Spouse and Developer’s Authorized Representative and Attorney-In-Fact, (if applicable)

FROM SELLER (and/or BORROWER)

• Transfer Certificate of Title (TCT) (latest title, Certified True Copy). For Condominium Unit, present the TCT of the land and Condominium Certificate of Title (CCT) (Certified True Copy).
• Updated Tax Declaration (House and Lot) and Updated Real Estate Tax Receipt (photocopy
• Vicinity Map/Sketch Map leading to the Property subject of the loan

Office Locations & Contacts

Pag – IBIG FUND
Petron Mega Plaza
358 Sen. Gil J. Puyat Avenue, Makati City
(02) 8-422-3000
Email: [email protected]
Website link
Contact Details link

Eligibility

• Active member with least 24 months savings
• Not more than 65 years old at the date of loan application and is not more than 70 years old at the date of loan maturity
• Legal capacity to acquire and encumber real property
• No Pag-IBIG housing loan foreclosed, cancelled, bought back, or voluntarily surrendered
• If with an existing Pag-IBIG Housing account or Short-Term Loan (STL), payments must be updated.

Fees

• The applicant has to pay the prescribed fee as per the authority’s request.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

• For Principal borrowers, please click here to download your Housing Loan Application form (HLA HQP-HLF-068) Link
• For Co-borrowers, please click here to download your Housing Loan Application form (HLA HQP-HLF-069) link

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• This entire process can be completed within 30 days or as per the timeline advised by the respective department authority.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicants must complete the application form before submitting it. Incomplete applications will not be accepted.
• Applicants must provide genuine information while applying for this procedure.

Required Information

• Name of the applicant
• Address
• Email
• Telephone
• Employee id
• Date of birth
• Gender
• Marital status
• Income tax number
• Salary details

Need for the Document

• The Pag-IBIG Fund Housing Loan allows you to borrow up to P6 million under very low rates and at the friendliest terms, to help you fulfil your dream of owning a home.
• The loan is payable within three years or 36 months with the initial payment due on the 3rd month after the loan release. Members may also opt to pay their loans in two years or 24 months.

Information which might help

Purpose of loan

• Purchase (plus cost of transfer) of residential lot or adjoining residential lots (max 1,000 sq..)
• Purchase (plus cost of transfer) of residential house & lot, townhouse or condominium unit (old or brand new, property mortgaged w/ the Fund, adjoining houses/units) inclusive of a parking slot
• Construction of house
• Improvement of house
• Refinancing of an existing housing loan
• Combined Loan Purposes

For more Information link

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Link

Others

Mode of Payment

• Salary deduction through Employer Collection Servicing Agreement (CSA)
• Post-dated checks
• Auto debit arrangement with banks
• Accredited collection partners
• Local Remittance
• Overseas Remittance