How does one avail of a Pag-IBIG Housing Loan ?
1. Attend a loan counseling session at the Pag-IBIG Office and 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. 3. Pay a processing fee of P1,000.00 (non-refundable). 4. Wait for the Notice of Approval/Letter of Guaranty and sign loan documents. 5. 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. 6. Proceed to Registry of Deeds (RD) for payment of transfer of tax and registration fees for the transfer of title. 7. 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. 8. Secure Occupancy Permit from the Local Government Unit’s (LGU) Engineering Office for Purchase of new Resident
