Every OFW wants to see their income properly handled so their hard work abroad would pay off. Nonetheless, the best thing that an OFW can invest in a house in the Philippines. The most common way to establish a house in the Philippines is in two different ways; through cash or PAG-IBIG Financing.
Pag-IBIG is a government agency that allow Filipinos to acquire affordable housing loan scheme for all its OFW members. An OFW becomes eligible for a housing loan after a 24 months contribution.
- Proof of Employment (Employment contract with POEA Stamp)
- PAG-IBIG Contribution for 24 months
- Housing Loan Application Form,
- Certificate of Attendance of Seminar,
- Membership Status Verification Slip,
- Preliminary Loan Counseling Questionnaire,
- Membership Data Form)
- Latest Community Tax Certification or CEDULA,
- Marriage contract if married, CENOMAR if not, Legal Separation if separated
- 1×1 picture (borrower and spouse)
- Valid IDs (photocopy)
- Notarized Special Power of Attorney
- Passport (photocopy) with stamp of arrival and departure.
Submit the following documents to the nearest PAG-IBIG office. They will notify you with a Notice of Loan Approval or Letter of Guaranty once your loan has been approved.
For for information Just Vist http://www.pagibigfund.gov.ph/