REQUIREMENTS for PAG-IBIG HOUSING LOAN AVAILMENT

REQUIREMENTS for PAG IBIG HOUSING LOAN AVAILMENT

CHECKLIST OF REQUIREMENTS FOR Pag-IBIG HOUSING LOAN UNDER RETAIL ACCOUNTS (Construction of House/Home Improvement) BASIC REQUIREMENTS (UPON LOAN APPLICATION) 

1. Housing Loan Application with recent ID photo of borrower/co-borrower (if applicable) (2 copies, HQP-HLF- 068/069)
2. Proof of Income (see details at the back)
3. One (1) valid ID (Photocopy, back-to-back) of Principal Borrower and Spouse, Co-Borrower and Spouse, and owner of title (for accommodation mortgage), if applicable
 4. Transfer Certificate of Title (TCT) (latest title, Certified True Copy). For Condominium Unit, present TCT of the land and Condominium Certificate of Title (CCT) (Certified True Copy).
 5. Updated Tax Declaration (House and Lot) and Updated Real Estate Tax Receipt (photocopy)
6. Building Plans, Specification with Bill of Materials duly signed by the Licensed Civil Engineer or Architect
7. Vicinity Map/Sketch of the Property

 REQUIRED DOCUMENTS PRIOR TO LOAN RELEASE 

1. TCT/CCT in the name of the borrower/co-borrower/s (if applicable) with proper mortgage annotation in favor of Pag-IBIG Fund (Owner’s Duplicate Copy)
 2. TCT/CCT in the name of the borrower/co-borrower/s (if applicable) (Certified True Copy) with proper mortgage annotation in favor of Pag-IBIG Fund (RD’s copy)
3. Updated Tax Declaration (House and Lot) and Updated Real Estate Tax Receipt (Photocopy) in the name of the borrower/co-borrower/s or lot owner (for accommodation mortgage), if applicable
4. Loan Mortgage Documents
a. Loan and Mortgage Agreement duly registered with Registry of Deeds with original RD stamp (HQP-HLF- 162/163)
 b. Duly accomplished/notarized Promissory Note (HQP-HLF-086/087)
 c. Disclosure Statement on Loan Transaction (HQP-HLF-085)
5. Building Plans/Electrical/Sanitary Permits duly approved by the building officials
 6. Occupancy Permit 

http://www.pagibigfund.gov.ph/benpro.aspx