The Philippine Social Security System (SSS) had a housing loan program for OFWs. If you are an overseas Filipino worker, there are certain qualifications that entitles you to make a housing loan as stated in the “Pabahay sa Bagong Siglo” program of the government and the SSS.
The first part of the SSS housing loan for OFW program consists of information stating the standard loanable amount, loan purpose, loan terms, physical collateral, who may borrow and the OFW classification in order to be allowed to take advantage of this housing loan program of the SSS.
The second part of the loan term consists of papers and documents required, how to pay the amortization, where to file the application form and the full list of duly authorized remittance-accepting banks for the payment of the loan. If you are interested about this, you can find more information at the official website of the SSS – sss.gov.ph.