Friday, April 25, 2008

Application Procedure for "Magaang Pabahay, Disenteng Buhay" Program


STEPS:


1. Check with the Acquired Assets Unit for the available unit/s for disposal/ sale.
2. Conduct an ocular inspection on the property you intend to buy.
3. Secure, accomplish & submit two (2) copies of Reservation Form to the Acquired Assets Unit &
pay a reservation fee of P1000
4. Receive the duplicate copy of the Reservation Form duly signed by the Fund's authorized
representative (Take note of your priority number).
5. Confirm your offer to purchase & pay the 5% downpayment within 15 days from the date of
reservation (otherwise, reservation shall be cancelled) 6. Pay the remaining 95% in cash
OR apply for a Housing Loan.

Documentary Requirements for purchase if made through Housing Loan:
• Housing Loan Processing Fee of P3000 (remaining P2000)
• Income Tax Return/ W-2 (preceding year)
• Proof of Income:
[employed] Certificate of Employment & Compensation (CEC), duly notarized; and Latest (one
month) pay slip, employer certified

[self-employed] Audited Financial Statement

[OFWs] Latest Employment Contract; Photocopy of TIN Card & cedula; Member's Status
Verification Slip (MSVS)


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Disclaimer

The purpose of this blog is to inform the viewer of the programs of Pag-IBIG as well as the services the Fund extends. Blog topics may or may not be updated subsequent to their initial posting.

Specifications on the properties featured on the Acquired Assets list particularly the status, and details should be verified directly with the Acquired Assets Unit located at the 2/F of Pryce Tower Condo., Pryce Business Park, JPLaurel Ave., Bajada, Davao City or they may be reached thru 224 4733.

Views featured specifically in the "Comment Page" are those of mine and not of the Fund.