OFW Loan in Philippines
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OFW loan in the Philippines come in many forms. By the name itself, you have to be an OFW or overseas Filipino worker to be qualified. As per making an online inquiry via Google search, I found out these details describing the loan requirements for either a migrant worker, alotee, seaman or the OFW himself/herself. Take a look at the OFW loan requirements listed below. Please note that this is just a product of online search with loan companies and lenders I chose not to disclose here.

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OFW Loan Requirements:
- Contract Employment, POEA Info Sheet
- Visa, Passport, E-Receipt, Plane Ticket
- Salary at least P13,500
- Completely filled-up Application Form
- 2×2 picture (two copies)
- Photocopy of 2 valid IDs (company ID, passport, driver’s license, SSS, voter’s ID)
- Proof of Billing (Meralco, water) – doesn’t need to be under your name as long as it is the same as with your submitted valid ID
- For Placement Fee: Job Offer / Contract / Medical Exam Certificate
- For Direct Hire/Immigrant: COE / VISA / Passport / Plane Ticket and Flight Details
Loan Interest Rate (Add-on):
Option 1: 5% per month
Option 2: 3.75% per month (first amortization to be deducted from loan proceeds)
Loan Processing Fee: 5.5%
Loanable Amount: Up to P300K
Loan Terms: 3-12 months
Mode of Payment: PDC with joint account with borrower
















































Loreto De silva Sumala Jr says:
July 12th, 2011 at 3:47 am
Pag Dumating na ang edad ko ng 60 magkano po kaya ang magiging pensyon ko.
Betty P.Bagac says:
September 6th, 2011 at 8:38 am
pwede bang makaloan ng pang placement fee at saan ba ako lalapit sa gobyerno.POEA ba sana imail niyo sa akin at gusto ko pong makaloan.
Victor De Jesus says:
March 30th, 2012 at 5:50 pm
Hi,
I am interested to avail a loan for the renovation of our house. I am working here in Brunei as Sales Admin Assistant with a monthly salary of B$900.00/Month. My contract will end on September this year but for renewal again for another 2 years..
Kindly send me advices on what to do/ to prepare. I’ll be back in Philippines on May 07 for a 1 month vacation.
Please reply. Thanks.
Sincerely,
VICTOR DE JESUS
Jason says:
April 2nd, 2012 at 12:45 am
how can i contact your office? There’s no address, there’s no email add., theres no cp number or landline. Please email me I need financial assistance.
bernard alexander guerrrero says:
April 9th, 2012 at 3:18 am
i need a loan of 300 thousand please provide me the requirements thank you
jessa bustos says:
April 24th, 2012 at 2:03 am
please contact me for ofw loan 09229519915
jane says:
April 27th, 2012 at 5:30 am
anu po ba contact number nio?bkit po wala
epifanio lanaban says:
May 1st, 2012 at 1:25 am
where can i contact ur office??
epifanio lanaban says:
May 1st, 2012 at 1:28 am
pwd po ba akong mag loan at magkano pauwi na po ako sa may 5 at babalik sa july 10 for another 2 yrs contract…
anthony ian cochico says:
May 8th, 2012 at 1:02 am
hello, i need to get a loan but there’s no contact number.pls.contact me .a.s.a.p coz im only on vacation.this is my number,09157983086.