Affordable HOMES

Affordable HOMES We're here to provide service for your dream house, choosing the right property suited to your needs, offers affordable but quality homes. Let us talk!

15/08/2017

What kind of documents do I need to gather?

1. The Pag-IBIG application forms

Housing Loan Application (HLA) Form
Certificate of Attendance of Seminar
Membership Status Verification Slip (MSVS)
Preliminary Loan Counseling Questionnaire (PLCQ)
Membership Data Form (MDF)

2. Your borrower’s documents

Latest Community Tax Certification (cedula)
1×1 picture of borrower and spouse (if married)
Marriage Contract, if you are married
Certificate of No Marriage (CENOMAR), if you are single
Legal Separation, if separated
Photocopy of valid IDs (e.g. TIN, SSS, Postal ID, Driver’s License, Passport, PRC, etc.)

3. If someone will be acting as your Attorney-in-Fact while you are abroad, you need to bring:

Latest Community Tax Certification (cedula)
Proof of Relationship from the Borrower (e.g. Marriage Contract, Birth Certificate)
Photocopy of valid IDs (e.g. TIN, SSS, Postal ID, Driver’s License, Passport, PRC, etc.)

4. Proof of Income

Employment contracts
Bank statements

5. Property documents

Certified true copy of Transfer Certificate Title (TCT) of the property by the Registry of Deeds (latest title)
Updated Tax Declaration
Updated Real Estate Tax Receipt or Tax Clearance
Location Plan and Vicinity Map of the property

6. Additional requirements for OFWs

Notarized Special Power of Attorney (SPA) prior to date of departure or duly certified and authenticated by the Philippine Embassy or Consulate in the country where you work, if abroad. If SPA does not have the red ribbon of Consulate Office, the SPA must have a duly stamped notarial seal. If you acquired the SPA in the Philippines, it needs to be notarized.
Photocopy of passport showing stamp of arrival and departure dates from the Philippines

7. Documents you will need to present after the loan has been approved

Loan Agreement/Loan and Mortgage Agreement
Duly notarized Promissory Note
Pag-IBIG Fund Receipt (PFR) representing payment of one-year insurance premium

15/08/2017

How do I apply for a PAG-IBIG housing loan?

You need to go to the Pag-IBIG office, where you’ll attend loan counseling with a Pag-IBIG information officer. You’ll then be asked to fill up forms: a Preliminary Loan Counseling Questionnaire (PLCQ) and a Housing Loan Application (HLA). If you are over 60 years old or are applying for a loan over P2,000,000, you’ll then be asked to fill up a medical questionnaire.

During that visit, ask for a copy of your Membership Status Verification Slip (MSVS).

You’ll be given a list of required documents. On your return visit, you will submit the requirements and pay a non-refundable processing fee of P1,000. Pag-IBIG usually takes 20 working days to do the necessary credit investigation and property valuation. You will find out then if the loan has been approved.

15/08/2017

Pag-Ibig Loan Purposes

• Purchase of a fully developed residential lot or adjoining lots not exceeding 1,000 square meters;
• Purchase of a residential house and lot, townhouse or condominium unit, inclusive of a parking space (may be old or brand new, a property mortgaged with the Pag-IBIG Fund or an acquired asset);
• Construction or completion of a residential unit on a lot owned by the member;
• Home improvement (any alteration in an existing residential unit intended to be a permanent integral part which will enhance the home’s durability and material value);
• Refinancing of an existing mortgage with an institution acceptable to the Pag-IBIG Fund; and
• Combination of loan purposes (limited to the following: purchase of a fully developed lot not exceeding 1,000 square meters and construction of a residential unit thereon; purchase of a residential unit, old or new, with home improvement; refinancing of an existing mortgage with home improvement; refinancing of an existing mortgage, specifically a lot loan, with construction of a residential unit thereon).

15/08/2017

Who are eligible to apply for the Pag-IBIG housing loan.

According to Pag-IBIG, members who satisfy the following requirements may avail of the housing loan program:
• Must have remitted 24 monthly contributions under Pag-IBIG I, Pag-IBIG II or Pag-IBIG Overseas Program (Members with less than the required number of contributions will be allowed to make a lump sum payment provided they have been contributing members of the Fund for at least 12 months);
• Not more than 65 years old at the date of loan application and not more than 70 years old at loan maturity;
• Has passed satisfactory checks (background, credit and employment) of the Pag-IBIG Fund;
• Has no outstanding Pag-IBIG housing loan, either as a principal borrower or co-borrower;
• Has no outstanding Pag-IBIG multi-purpose loan in arrears; and
• Had no Pag-IBIG housing loan that was foreclosed, cancelled or bought back due to default or subjected to dacion en pago, which includes cases where the borrower is no longer interested to pursue the loan and surrenders the property.

15/08/2017

Even if you’re a low- or middle-income Filipino, you, too, can afford to build or buy your own home. The government-mandated Home Development Mutual Fund, more popularly known as the Pag-IBIG Fund, gives its contributing members the power to finance their home purchase at a more affordable rate, as compared to the rates offered by real estate developers and banks. So you don’t have to worry about facing high interest rates and paying high amortization every month.

WAIS SI ATE!
13/08/2017

WAIS SI ATE!

03/08/2017

We're here to provide service for your dream house, choosing the right property suited to your needs, offers affordable but quality homes. Let us talk!

03/08/2017

The master planned community will have an area for a main Community Amenities where the clubhouse, swimming pool, playground and basketball court shall be located.

03/08/2017

Located along Governor’s Drive in the bustling town of Carmona, Cavite. Governor’s Drive connects the development to 2 major highways, the South Expressway and Emilio Aguinaldo Hi-way going to CAVITEX. This makes the project an ideal home location for those working in the Commercial Business Districts of Manila (via CAVITEX) and Alabang, Makati, Taguig, Pasay and even as far as Ortigas area (via South Luzon Expressway). Public transportation is available along Governor’s Drive ferrying commuters to and from Alabang, Biñan and Genaral Mariano Alvarez (GMA) areas.

MicahFeatures : Bare TypeProvision for 2 Bedrooms,1 Toilet & Bath,Living Room,Dining and Kitchen areaswith provision for...
02/08/2017

Micah

Features : Bare Type
Provision for 2 Bedrooms,
1 Toilet & Bath,
Living Room,
Dining and Kitchen areas
with provision for carport

Address

Geneva
Sabang
4114

Website

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