HLF065 ChecklistOfRequirements Window1 V04

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HQP-HLF-066

(V04, 07/2018)

CHECKLIST OF REQUIREMENTS FOR Pag-IBIG HOUSING APPLICATION


(For Window 2 Accounts)
BASIC REQUIREMENTS (UPON APPLICATION)

For Borrower
1. Housing Loan Application with recent ID photo of buyer (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 Buyer, Co-Buyer and Developer’s Authorized
Representative and Attorney-In-Fact, if applicable. The same ID must be presented during the conduct of
buyer’s validation
For Developer
1. Transfer Certificate of Title (TCT) (latest title, certified true copy). For Condominium Unit, present TCT and
Condominium Certificate of Title (CCT) (Certified True Copy).
2. Updated Tax Declaration and Updated Real Estate Tax Receipt (photocopy)
3. Notarized Developer’s Sworn Certification (HQP-HLF-062)
4. Pre-signed Deed of Assignment of CTS with SPA (With Buyer’s Conformity)
5. Notarized Contract-to-Sell
6. Preliminary/Updated Appraisal
7. Borrower’s Validation Sheet (HQP-HLF-058)
8. Pag-IBIG Fund Receipt for payment of Processing Fee (photocopy)
REQUIRED DOCUMENTS PRIOR TO RELEASE
1. Individual TCT/CCT covering the subject house and lot package/condominium unit with Deed of Assignment of
CTS with SPA (With Buyer’s Conformity) duly annotated thereon (Owner’s Duplicate Copy)
2. Mortgage Documents
a. Notarized Deed of Assignment of CTS with SPA (With Buyer’s Conformity) duly registered with Registry of
Deeds and bearing the original RD stamp (HQP-HLF-524)
b. Duly Notarized Promissory Note (HQP-HLF-086/087)
c. Pre-signed Deed of Absolute Sale
d. Signed Disclosure Statement on Loan Transaction (HQP-HLF-085)
e. Pre-signed Loan and Mortgage Agreement (HQP-HLF-162/163)
3. Notarized Certificate of Acceptance (HQP-HLF-083)

For other applicable requirements, please refer at the back portion of the form.
Pag-IBIG Fund reserves the right to request additional documents to facilitate loan evaluation process.
HQP-HLF-066
INCOME DOCUMENT: (V04, 07/2018)
ADDITIONAL REQUIREMENTS (if applicable only)
For Locally Employed, any of the following:
Upon Loan Application
a. Notarized Certificate of Employment and Compensation
(CEC), indicating the gross monthly income and monthly For OFW members
allowances or monthly monetary benefits received by the  Special Power of Attorney (SPA) notarized prior to date of departure.
employee For OFW member abroad, a SPA notarized by a Philippine Consular
b. Latest Income Tax Return (ITR) for the year immediately Officer, or SPA notarized by a local notary (of the country where the
preceding the date of loan application, with attached BIR member is working) but duly authenticated by the Philippine
Form No. 2316, stamped received by the BIR Consulate.
c. Certified One (1) Month Payslip, within the last three (3)  The Fund may also require any or a combination of the following
months prior to date of loan application documents:
NOTE: For government employees, the Certified One (1) - Payslip indicating income received and period covered
Month Payslip, within the last three (3) months prior - Valid OWWA Membership Certificate
to date of loan application, must be submitted - Overseas Employment Certificate
together with CEC or ITR. - Passport with appropriate visa (Working Visa)
For Self Employed, any of the following Proof/s of Income: - Residence card/permit (permit to stay indicating work as the
a. ITR, Audited Financial Statements, and Official Receipt of tax purpose)
payment from bank supported with DTI Registration and - Bank remittance record
Mayor’s Permit/Business Permit - Professional License issued by Host Country/Government
b. Commission Vouchers reflecting the issuer’s name and NOTE: If documents are in foreign language/s, English translation is
contact details (for the last 12 months) required.
c. Bank Statements or passbook for the last 12 months (in case Insurance Coverage
income is sourced from foreign remittances, pensions, etc.) a. Health Statement Form (Medical Questionnaire)
d. Copy of Lease Contract and Tax Declaration (if income is  For borrowers over 60 years old
derived from rental payments)
e. Certified True Copy of Transport Franchise issued by  For borrowers up to 60 years old, if loans is over P2.0 M to P6.0 M
appropriate government agency (LGU for tricycles, LTFRB for b. Health Statement Form (Medical Questionnaire) and Copy of the
other PUVs) result of medical examination conducted prior to assignment overseas
f. Certificate of Engagement issued by owner of business as required by the employment agency
g. Other document that would validate source of income  For OFW borrowers over 60 years old
For Overseas Filipino Workers (OFW), any of the following: Prior to Loan Release
a. Employment Contract  Authority to Deduct
 Employment Contract between employee and employer;
or
 POEA Standard Contract
b. Certificate of Employment and Compensation (CEC)
 CEC written on the Employer/Company’s official letterhead;
or
 CEC signed by employer (for household staff and similarly
situated employees) supported by a photocopy of the
employer’s ID or passport
c. Income Tax Return filed with Host Country/Government
NOTE: If documents are in foreign language/s, English
translation is required.

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