REQUIREMENTS:

I. TO BE SUBMITTED WITHIN TEN (10) DAYS FROM DATE OF RESERVATION

• • Clear Photocopy of one (1) government issued valid IDs (front and back) of borrower, spouse, and attorney-in-fact (with 3 specimen signatures)  – Please take note that the Financing Institution may require an additional Valid ID if warranted.

Sample Valid Identification Card:

• • Photocopy of Proof of Income, either one of Payslip, Income Tax Return w/ Financial Statement, Certificate of Employment and Compensation, OFW Work Contract
  • Execution of Special Power of Attorney (SPA) – if applicable
  • Photocopy of Birth Certificate and Marriage Contract
  • For widow/widower, photocopy of death certificate of spouse
  • Duly Filled up Buyer/Borrower Information Sheet
  • Tax Identification Number of Borrower and Spouse
  • Six (6) pcs 1×1 Picture (Buyer and Spouse)
  • Post Dated Checks covering any installments

II. REQUIREMENTS FOR THE LOAN APPLICATION WITH THE FINANCING INSTITUTION FOR ISSUANCE OF THE NOTICE OF APPROVAL (Between 1^st to 4th Month depending on the percentage of house construction)

Pag-Ibig Financing:

• • Duly Filled up Housing Loan Application Form
  • Notarized/Consularized Special Power of Attorney
  • Submit latest Pag-Ibig Contribution Payment Ledger
  • If Borrower has existing Multi-Purpose Loan (MPL), submit updated MPL Payment Ledger/Receipt
  • If Borrower has existing Housing Loan, submit updated Housing Loan Payment Ledger
  • Submission of Proof of Income for Credit Investigation/Pre-Evaluation of the Financing Institution:
    • For locally employed: Notarized Certificate of Employment or Income Tax Return w/ BIR Stamp and latest 1 mo. Payslip (certified true copy by HR/Head of Office)

Sample Certificate of Employment (Notarized)

Sample Pay Slip (with Certified True Stamp)

• • • For Self Employed: Income Tax Return w/ stamp and Audited Financial Statements and Official Receipt of tax payment from Bank, DTI Registration, and Mayor’s Permit
    • For Pag-IBIG Overseas Filipino Workers Members: Employment Contract with POEA Stamp or Employer’s Certificate of Income (with English translation if in foreign Language), and latest 1 mos. Payslip

Sample Certificate of Employment/Contract (with POEA Stamp)

• • • For Online Job: Certificate of Engagement/Contract with Compensation and Latest 6 months Bank Statement consistent with Proof of Income
  • All other Documents, Forms or additional Proof of Income as maybe required by Pag-Ibig

 

Bank Financing:

• • Duly filled up Bank Forms
  • Notarized/Consularized Special Power of Attorney
  • Latest Certificate of Employment and Payslip or ITR w/ BIR stamp and Financial Statement
  • Latest 6 months Bank Statement consistent with Proof of Income (as needed)
  • All other Bank Forms or additional Proof of Income as required by the financing Bank

III.  REQUIREMENTS TO BE COMPLIED/SUBMITTED PRIOR TO TAKEOUT/LOAN RELEASE (Between the issuance of the Notice of Approval / Letter of Guaranty to completion of the unit):

Pag-Ibig Financing:

• • Validation with Pag-Ibig Fund (appearance with Pag-Ibig is required)
  • Latest Proof of Income and/or Additional Proof of Income as maybe required
  • Updated payments for Pag-Ibig Member Contribution, MPL and/or Housing Loan
  • House Acceptance and all others as maybe required by Pag-Ibig and/or the Developer

Bank Financing:

• • Final Interview/Appearance with the Bank
  • Signature on the Mortgage Documents, Notice of Approval and other documents from the Bank
  • Opening and maintaining of savings/current account with the concerned Bank
  • Payment of Bank Fees and Insurance Premiums as maybe required
  • Latest Proof of Income and/or Additional Proof of Income as maybe required
  • House Acceptance and all others as maybe required by the Bank and/or the Developer