Documents you really need to give the fresh new Pag-IBIG place of work truly:

You may submit a copy of your latest ITR you to definitely possess a BIR stamp. I believe because of it you to definitely, you’re going to have to see your RDO to get stamped.

While a freelancer otherwise an entrepreneur, you can fill out a copy of one’s audited ITR and BIR stamp. I didn’t try out this that because the We wasn’t the person who removed the borrowed funds and that i don’t subscribe to become co-debtor, but I believe this will mean getting your own newest ITR, and simply to take the fresh new safer front side, their bookkeeping guides, into the RDO.

If you find yourself working, you can also choose fill out the formal 1 month spend sneak dated at the very least three months ahead of date of software. Jay made a decision to fill out three so you’re able to secure the deal, haha! He together with filed their COE in addition to them.

This is into the first faltering step. Pag-IBIG usually assess their articles to check the qualifications to use getting property financing.

After you have filed this type of data files on the internet, you will discover a message prompting you to definitely pay for the latest handling commission. We paid back Php 1,000. Make certain you print out a copy of the confirmation of the fee. You will have to promote it to help you Pag-IBIG , plus the almost every other conditions, after you’ve come acceptance to check out their place of work owing to email address or a call.

Here are the data that you ought to bring to Pag-IBIG after you have been requested to submit your articles personally:

1. Most of the brand spanking new copies of the documents your registered throughout the basic processes, except for the new selfie. You should also provide the ID photocopied.

2. A copy of one’s Unique Electricity away from Attorney on the representative. (Should your owner isnt on Philippines)

The expense of notarization relies upon brand new arranged selling price of the home stipulated in your deal to sell.

Might and query when planning on taking your photos together with your valid ID once more. This time around, it could be their employees who will make attempt.

Assessment phase

Due to the fact desk officer looks over your posts and notices no discrepancies, you are asked to pay for appraisal fee. I repaid Php dos,000.

We had been informed to wait getting a visit from just one from their workers about your plan of the home assessment. What will happen during the family assessment is that they will be sending agencies so you’re able to always check the house to see if they fits its standard and you can standards.

They called three days in advance of they went along to next page. The newest appraisers have been at lay of the 8AM. It ran inside, looked the proportions and you can don’t most talk to united states that much. They just ran to scan for each and every area in your house.

Next which was it. We had been told to go to because of their email whether or not the loan might have been acknowledged or perhaps not recognized; not, they already warned all of us that domestic we had been seeking to purchase try short of step 1 meter in width to their conditions.

Financing Rejected

We obtained a message out of Pag-IBIG officially saying that this new measurements of the house didn’t satisfy the conditions, and this try one. That has been the end of the experience……for now.

I felt submitting a page from reconsideration, nevertheless email address obviously reported that we had to deal with the newest topic and you can invest in putting some called for change, which i decided not to. Therefore we must undertake all of our fate and proceed.

Oh better, about we have gathered an existence experience that people is also include in the near future and to train the students when it’s its move to purchase their property. We were, without a doubt, troubled, but we’ll keep our expectations up to i ultimately find the set we could label house.