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Item details
Category ACQUISITIONS
How can I avail of the Pag-Ibig Housing Loan?
Created Jun-5-2015
Owner admin
QUESTION How can I avail of the Pag-Ibig Housing Loan?
ANSWER

Pag-Ibig has established guidelines that you must take and complete to avail of the housing loan:

Attend a counseling session in any of the Pag-Ibig offices;
Member must accomplish a Preliminary Loan Counseling questionnaire;
Pag-Ibig representative signs the Loan Counseling Questionnaire. Then the member will be given a Membership Status Verification Slip or MSVS for completion;
Member will submit the accomplished MSVS and its supporting documents (latest payslip and certificate of MPL Amortization if any);
If qualified, the member receives copies of Housing Loan Application Form and checklist of requirements;
Member/borrower pays the processing fee of P1,000.00;
Loan processing begins;
Upon approval, the member/borrower signs the loan documents and complies with the Letter of Guaranty;
Borrower awaits for notice of availability of check.