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Pag-ibig Housing loan…availment program

How does one avail of a Pag-IBG Housing Loan ?

  1. Attend a Loan Counseling session at the Pag-IBIG Office concerned

    Accomplish a Preliminary Loan Counseling Questionnaire, Housing Loan Application (HLA) and Membership Status Verification Slip. If eligible, secure checklist of requirements.

  2. Submit HLA with complete requirements. Pay a processing fee of P1,000.00 (non-refundable)
  3. Receive Notice of Approval/Letter of Guaranty and sign loan documents.
  4. Proceed to BIR and present Deed of Absolute Sale (DOAS) between owner of the property and applicant for payment of documentary stamps and capital gains tax.
  5. Proceed to Registry of Deeds (RD) for payment of transfer of tax and registration fees for the transfer of title.
  6. Proceed to Notary Public for notarization of LMA and annotation of mortgage with the Registry of Deeds (RD) and to Assessor's Office to secure new tax declaration in the name of the applicant.
  7. Secure Occupancy Permit from the Local Government Unit's (LGU) Engineering Office for Purchase of new Residential Unit (PRU), Purchase of Lot and Construction of a New Residential Unit (PLCH) and Construction of House (CH) loan purposes.
  8. Submit the following documents to Pag-IBIG office concerned:
    • Original Transfer Certificate of Title in the name of the applicant with annotated mortgage
    • DOAS with original RD stamp
    • New Tax Declaration in the name of the applicant
    • Updated Real Estate Tax Receipt (house and lot, if applicable)
    • Occupancy Permit
    • Assignment of Loan Proceeds
  9. Release of loan proceeds
  10. Start monthly amortization on the month immediately following loan take-out/final loan release.

This one also will help me on computing how much am I capable of borrowing.

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