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    HLF065 ChecklistRequirementsWindow1Accounts V05

    Uploaded by

    Jerson Obo
    The document outlines the requirements for a Pag-IBIG housing loan application, including: 1. Documents required from the borrower such as a housing loan application, proof of income like pay slips or tax returns, and valid ID. 2. Documents required from the developer such as a letter requesting evaluation, the title to the property, tax documents, and payment receipt. 3. Additional documents needed for the full application like a notarized developer certification, mortgage documents like contracts and notes, and a certificate of acceptance. Proof of income and ID are also needed along with any documents from an advance evaluation.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    HLF065 ChecklistRequirementsWindow1Accounts V05

    Uploaded by

    Jerson Obo
    433 views2 pages
    The document outlines the requirements for a Pag-IBIG housing loan application, including: 1. Documents required from the borrower such as a housing loan application, proof of income like pay slips or tax returns, and valid ID. 2. Documents required from the developer such as a letter requesting evaluation, the title to the property, tax documents, and payment receipt. 3. Additional documents needed for the full application like a notarized developer certification, mortgage documents like contracts and notes, and a certificate of acceptance. Proof of income and ID are also needed along with any documents from an advance evaluation.

    Original Description:

    ChecklistRequirementsWindow1Accounts

    Original Title

    HLF065_ChecklistRequirementsWindow1Accounts_V05

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    © © All Rights Reserved

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    The document outlines the requirements for a Pag-IBIG housing loan application, including: 1. Documents required from the borrower such as a housing loan application, proof of income like pay slips or tax returns, and valid ID. 2. Documents required from the developer such as a letter requesting evaluation, the title to the property, tax documents, and payment receipt. 3. Additional documents needed for the full application like a notarized developer certification, mortgage documents like contracts and notes, and a certificate of acceptance. Proof of income and ID are also needed along with any documents from an advance evaluation.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    433 views2 pages

    HLF065 ChecklistRequirementsWindow1Accounts V05

    Uploaded by

    Jerson Obo
    The document outlines the requirements for a Pag-IBIG housing loan application, including: 1. Documents required from the borrower such as a housing loan application, proof of income like pay slips or tax returns, and valid ID. 2. Documents required from the developer such as a letter requesting evaluation, the title to the property, tax documents, and payment receipt. 3. Additional documents needed for the full application like a notarized developer certification, mortgage documents like contracts and notes, and a certificate of acceptance. Proof of income and ID are also needed along with any documents from an advance evaluation.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    HQP-HLF-065

    (V05, 05/2019)

    CHECKLIST OF REQUIREMENTS FOR Pag-IBIG HOUSING APPLICATION


    (For Window 1 Accounts)
    I. FOR ADVANCE EVALUATION AND TECHNICAL APPRAISAL

    FOR BORROWER
    1. Housing Loan Application with recent ID photos 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 primary ID (photocopy, back-to-back) of Principal Borrower, Co-Borrower, and Developer’s Authorized
    Representative and Attorney-In-Fact, if applicable. The same ID must be presented during the conduct of borrower’s validation.
    FOR DEVELOPER
    1. Letter Request for Advance Evaluation and Technical Inspection
    2. Softcopy of Borrower’s Profile
    3. Transfer Certificate of Title (TCT)/Condominium Certificate of Title (CCT) in the name of Developer or land owner, in case of
    Joint Venture.
    4. Updated Tax Declaration and Updated Real Estate Tax Receipt (photocopy)
    5. Pag-IBIG Fund Receipt for payment of Processing fee (photocopy)

    II. FOR HOUSING LOAN APPLICATION


    1. Notarized Developer’s Sworn Certification (HQP-HLF-062)
    2. Transfer Certificate of Title (TCT)/Condominium Certificate of Title (CCT) with Deed of Assignment of CTS with SPA (With
    Buyer’s Conformity) duly annotated thereon (photocopy)
    3. Updated Tax Declaration and Updated Real Estate Property Tax Receipt (photocopy)
    4. TCT/CCT with Deed of Assignment of CTS with SPA (With Buyer’s Conformity) duly annotated thereon (Owner’s Duplicate
    Copy)
    5. 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-523)
    b. Contract-to-Sell (HQP-HLF-161)
    c. Duly accomplished/notarized Promissory Note (HQP-HLF-086/087)
    d. Pre-signed Deed of Absolute Sale (HQP-HLF-525)
    e. Pre-signed Disclosure Statement on Loan Transaction (HQP-HLF-085)
    f. Pre-signed Loan and Mortgage Agreement (HQP-HLF-162/163)
    6. Notarized Certificate of Acceptance (HQP-HLF-083)
    7. Borrower’s Validation Sheet (HQP-HLF-058)
    8. Documentary requirements submitted during the advance evaluation and technical inspection (Refer to Item I).
    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-065
    INCOME DOCUMENT: ADDITIONAL REQUIREMENTS (if applicable only) (V05, 05/2019)
    For Locally Employed, ANY of the following: ✓ Collection Servicing Agreement with Authority to Deduct Loan
    a. Notarized Certificate of Employment and Compensation (CEC), Amortization or Post Dated Checks
    indicating the gross monthly income and monthly allowances or For OFW members
    monthly monetary benefits received by the employee
    ✓ Special Power of Attorney (SPA) notarized prior to date of departure.
    b. Latest Income Tax Return (ITR) for the year immediately preceding
    For OFW member abroad, a SPA notarized by a Philippine Consular
    the date of loan application, with attached BIR Form No. 2316,
    Officer, or SPA notarized by a local notary (of the country where the
    stamped received by the BIR
    member is working) but duly authenticated by the Philippine
    c. Certified One (1) Month Payslip, within the last three (3) months prior
    Consulate.
    to date of loan application
    ✓ The Fund may also require ANY or a combination of the following
    NOTE: For government employees who will be paying their loan documents:
    amortization through salary deduction, the Certified One (1)
    - Payslip indicating income received and period covered
    Month Payslip, within the last three (3) months prior to date of loan
    application, must be submitted together with CEC or ITR.
    - Valid OWWA Membership Certificate
    - Overseas Employment Certificate
    For Self Employed, ANY of the following Proof/s of Income: - Passport with appropriate visa (Working Visa)
    a. ITR, Audited Financial Statements, and Official Receipt of tax - Residence card/permit (permit to stay indicating work as the
    payment from bank supported with DTI Registration and Mayor’s purpose)
    Permit/Business Permit - Bank remittance record
    b. Commission Vouchers reflecting the issuer’s name and contact - Professional License issued by Host Country/Government
    details (for the last 12 months) NOTE: If documents are in foreign language/s, English translation is
    c. Bank Statements or passbook for the last 12 months (in case income required.
    is sourced from foreign remittances, pensions, etc.) Insurance Coverage
    d. Copy of Lease Contract and Tax Declaration (if income is derived
    from rental payments) a. Health Statement Form (Medical Questionnaire)
    e. Certified True Copy of Transport Franchise issued by appropriate ✓ For borrowers over 60 years old
    government agency (LGU for tricycles, LTFRB for other PUVs) ✓ For borrowers up to 60 years old, if loans is over P2.0 M to P6.0 M
    f. Certificate of Engagement issued by owner of business b. Health Statement Form (Medical Questionnaire) and Copy of the result
    g. Other document that would validate source of income of medical examination conducted prior to assignment overseas as
    For Overseas Filipino Workers (OFW), ANY of the following: required by the employment agency
    ✓ For OFW borrowers over 60 years old
    a. Employment Contract
    ▪ 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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