Pag-Ibig Housing Loan is the easiest way to buy a property (residential lot, house-and-lot, or condo unit) in Cebu. It has the lowest interest rates (3% and 5.375% interest per annum) and longest, flexible repayment scheme (up to 30 years).
In this blog, let us identify the 7 common documents to prepare for the Pag-Ibig Housing Loan.
(1) VALID IDs
Here is the list of Valid IDs (bring at least 2 IDs)
(2) ID PHOTO
Recent ID photo of borrower/co-borrower (if applicable) (2 copies)
ID Photos are preferably 2x2 with white background
(3) PROOF OF BILLING ADDRESS
Utility bills such as VECO or MECO bill, water bill, internet, etc.
(4) MARITAL DOCUMENTS
Philippine Statistics Authority (formerly NSO) Certified documents:
If single: CENOMAR (Certificate of No Marriage)
If married: Marriage Contract
If widow: Death Certificate of Spouse
(5) HOUSING LOAN APPLICATION
You can download the Housing Loan Application below:
For Borrower ( HQP-HLF-086 )
For Co-Borrower ( HQP-HLF-069)
(6) PROOF OF INCOME
(7) SPECIAL POWER OF ATTORNEY (SPA)
Special Power of Attorney (SPA) notarized prior to date of departure.
For OFW member abroad, a SPA notarized by a Philippine Consular Officer, or SPA notarized by a local notary (of the country where the member is working) but duly authenticated by the Philippine Consulate.
OWN A HOME THRU PAG-IBIG HOUSING LOAN
Highly recommend subdivision and condominium projects in Cebu City, Mactan Island and Carcar City. You may avail them through Pag-Ibig Housing Loan.
(1) House and Lot
AMBERLEY - Kalawisan, Lapulapu City - P9,200/month
TIERRA NAVA - Carcar City - P6,350/month
(2) Condo
PLUMERA - Basak, Lapulapu City - P6,149/month
BLOQ RESIDENCES - Sikatuna St., Cebu City - P9,673/month
For more information about the topic or any inquiries about buying a property in Cebu, please contact us at 0920-207-5035 or send us an email at cebuhousefinder@yahoo.com. We help home buyers to find their dream house at the best price and location… for free!