Pag-Ibig Loan Requirements

Pag-Ibig Loan Requirements


Eligibility Requirements
Processing Fee: P1,000 – upon filing of housing loan application with required documents (non-refundable)
P2,000 – to be deducted from loan proceeds
Basic Requirements

  • Pag-IBIG Housing Loan Application Form (PHLAF)
  • Membership Status Verification Slip (MSVS)


Documents Required Upon Loan Application
A. Documentary Requirements
  • Housing Loan Application with recent ID photos of borrower
  • Membership Status Verification Slip
  • Proof of Income
  • 3.1 For Locally Employed, any of the following:

  • Notarized Certificate of Employment and Compensation (Pag-IBIG format)
  • Notarized Certificate of Employment and Compensation (Employer’s format) and latest one (1) month payslip
  • Income Tax Return/Certificate of Tax Withheld (BIR Form No. 2316) and latest one (1) month payslip
  • 3.2 For Self-Employed/Other Sources of Income

  • ITR, Audited Financial Statements and Official Receipt of tax payment from bank supported with DTI Registration and Mayor’s Permit/Business Permit
  • Commission Vouchers reflecting the issuer’s name and contact details (for the last 12 months)
  • Bank Statements or passbook for the last 12 months (in case income is sourced from foreign remittances, pensions, etc.)
  • Copy of Lease Contract and Tax Declaration (if income is derived from rental payments)
  • Certified True Copy of Transport Franchise issued by appropriate government agency (LGU for tricycles, LTFRB for other Public Utility Vehicle or PUVs)
  • Certificate of Engagement issued by owner of business
  • Other document that would validate source of income
  • 3.3 For Overseas Filipino Workers (OFWs), any of the following:

  • Employment Contract (with English translation if in foreign language)
  • Original Employer’s Certificate of Income (with English translation if in foreign language). If document submitted is photocopy, it shall be
    duly validated and certified/initialed by HDMF Information Officer assigned in the country where the member works
  • Other Proofs of Income, whether original or photocopy, shall be duly validated and certified/initialed by HDMF Information Officer assigned
    in the country where the member works
  • Photocopy (back-to-back) of one (1) valid ID of Principal Borrower and Spouse, Co-Borrower and Spouse, and Attorney-In-Fact, if applicable. The
    same ID must be presented during the conduct of borrower’s validation.
  • Authorization to Conduct/Credit Background Investigation
  • For OFW members, Special Power of Attorney notarized prior to date of departure or duly certified and authenticated by the Philippine Embassy or Consulate in the country where the member is staying, if abroad
    Insurance Coverage
    Health Statement Form (Medical Questionnaire) OFW members over 60 years old
    Loans over P2.0 M to P3.0 M and for borrowers aged up to 60 years old
    Health Statement Form (Medical Questionnaire) and Full Medical Examination
    Borrowers over 60 years old