Basic Requirements for Pag-ibig, In-house and Bank Financing

Requirements for Loan Applications PAG-IBIG & BANK


PAG-IBIG LOAN

If Employed or Self-employed:

      * Community Tax Certificate
      * Proof of Billing (original)
      * T.I.N. (Tax ID Number)
      * 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)
      * 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.
      Note: All original


BANK LOAN

(General requirements of most banks, for specific, contact bank concerned.)

If in the Philippines:
      * Income Tax Return (latest)
      * Certificate of employment with compensation
      * Business Permit (if self-employed)
      * Community Tax Certificate
      * T.I.N. (Tax identification Number)
      * Bank Statement (for the last 6 months)
      * Marriage Certificate (if married) (Photocopoy)
      * Proof of Billing
      * Post Dated Checks
Note: All original except marriage certificate, Business Permit, Community Tax Certificate.
   If Borrower is permanently abroad:

      * Federal Income Tax Return (latest)
      * Bank Statement (for the last 6 months)
      * Special Power of Atty. (SPA) (consul authenticated)
      * Certificate of Employment with compensation (consul authenticated)
      * Proof of remittance
      * Business Permit (if self employed)
      * Marriage Certificate (if married)
      * Post Dated Checks
(Note: All original except marriage certificate)
Note: In-house financing requirements is similar to bank financing. For specific requirements, it is advised to take note of these requirements per Developer.