A Guide to Basic Pag-IBIG Housing Requirements for the Locally Employed

Picture this: You’re in your 30s with a stable career on Philippine soil. You see yourself moving into your own house and lot. You imagine the patio and garden with all the brightly colored greens and daintily hanging orchids leading to your doorway. Upon entering the main house, you see your living room extending all the way to the kitchen. Putting a gaily bounce to your steps, you skywalk your way up to see your master suite of a bedroom – king sized bed, a fully functional home entertainment system, and spacious cabinets. And the bathroom is the ultimate bath of your dreams. It’s the perfect house for you and/or your future family.

Wouldn’t you want that dream home all to yourself?

You can have it all, especially if you plan on putting your Pag-IBIG savings to good use.

To get you started on your beautiful home, here are some of the basic requirements you need to apply for a housing loan or a mortgage from Pag-IBIG.

1. Pag-IBIG’s Housing Loan Application form. You can go to any Pag-IBIG office near you. Or you can opt to download and print the form from the Pag-IBIG website - https://www.pagibigfund.gov.ph/ Just click on the PDF icon to open the file and download. Please answer the form as honestly and truthfully as you can.
2. Proof of Income. Of course, Pag-IBIG would want to know if you are capable of paying for the property should they allow you your mortgage. If you are locally employed, you just need to submit one of the following:
   1. A notarized Certificate of Employment and Compensation (CEC) which will indicate your gross monthly income, monthly allowances, and other monthly monetary benefits;
   2. Your latest Income Tax Return (ITR) for the year prior to your loan application with an attached BIR Form 2316 with a BIR stamp of receipt, and/or;
   3. One month payslip within last 3 months before the date of your application for loan if you are a non-government employee. However, if you are a government employee, you need to attach either your CEC or ITR to your one month payslip.
3. One valid ID. You need your valid ID (government-issued, if possible), one from your Co-Buyer, and the Developer’s Authorized Representative and Attorney-In-Fact. (The latter two are applicable only if you are buying property that a Developer helped evolve).

While there are other requirements necessary prior to the release of your mortgage, these requirements are primary ones that will immediately help Pag-IBIG assess and approve the mortgage amount that you are asking for. Once you have completed all these, you can now go to your nearest Pag-IBIG office to pass the requirements as the first step to securing the house of your dreams.