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How to apply for a Pag-IBIG housing loan

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th (31)Whether the housing loan is for purchasing a new house and lot or for home improvements and repairs, Pag-IBIG members are entitle for the agency’s housing loan program.

How can a Pag-IBIG member apply for a housing loan?

These are the followinf requirements:

  • Show proof that you have a 24-month cntribution.  If you have only 12-month contribution, you are still entitled to apply for a housing loan but you will make a lump sum payment to sum up the 24-month requirement.
  • A background check of your employment record and any existing credits.
  • No outstanding loan for the borrower and co-borrower.

If you have reached all the requirements needed, you can now proceed to apply for a housing loan.

For the Pag-IBIG housing loan, here are the steps for applying:

  • Fill up the Pag-IBIG Housing Loan Application Form (PHLAF) and the Membership Status Verification Slip (MSVS).
  • Pay Php 1,000 for filing of your application
  • Authorization letter for background check.
  • Photocopy of of your valid ID (for the principal borrower, co-borrower, spouses of the borrowers)
  • Proof of income (ITR, payslip, etc.)
  • Certified true copy of the TCT/CCT from the Registry of Deeds
  • Location plan and vicinity map of the property
  • Photocopy of the Tax Declaration and Real Estate Tax Receipts.

If these documents are completed, you are now ready for your housing loan and you can also apply through online at Pag-IBIG Online Housing Loan Application System.

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