REQUIREMENTS FOR BANK AND PAGIBIG
Bank loan prequalifying
Bank Pre-Qualification for Housing Loan – Find out the requirements, documents, and process to know how much you can borrow for your dream home.
Tagline
"Step Into Homeownership with the Right Documents."
When applying for a housing loan in the Philippines, banks generally require proof of identity, income, and financial capacity. For locally employed borrowers, this means providing employment records and payslips. OFWs need to show work contracts, passports, and a Special Power of Attorney, while business owners must present tax returns and permits to prove stable business operations. Banks may also ask for marriage or civil status documents, proof of billing, and payment arrangements for equity and amortization.
Preparing these documents early helps ensure a smooth, faster approval process and increases your chances of securing bank financing for your dream home.
Bank Loan Requirements for Locally Employed
(Husband and wife must both submit the same documents)
3 pcs. 1×1 ID photo (each)
Proof of Billing (Meralco, Water, PLDT, Globe, Smart, etc.) or Barangay Certificate if none
Photocopy of 2 valid government IDs with 3 specimen signatures (each)
TIN ID
Marriage Contract (if married) / Birth Certificate (if single) / CENOMAR (if single parent)
Residence Certificate (both)
Income Tax Return (ITR) – if both are working
Post-dated checks for equity & amortization or Metrobank auto-debit
SSS number (both)
Certificate of Employment and 3 months’ payslips (or bank statement if no payslip)
Must be working for at least 2 yrs
Bank Financing Requirements for OFW's
(Both husband and wife must submit the following)
3 pcs. 1×1 ID photo (each)
Must be working for at least 2 yrs
Marriage Contract
Photocopy of 2 valid government-issued IDs with 3 specimen signatures
TIN ID
Proof of Billing (Meralco, Water, PLDT, Cable, etc.) or Barangay Certificate if none
Post-dated checks for equity (or AIF account)
Additional Requirements for OFWs
Job/POEA Contract
Certificate of Employment with 3 months’ payslips or bank statement
Photocopy of Passport (with 3 specimen signatures)
Special Power of Attorney (SPA) – Consularized copy, form provided
Requirements of Attorney-In-Fact
Valid ID
3 pcs. 1×1 ID photo
Community Tax Certificate (Cedula)
Bank Financing Requirements for Business Owners
(Husband and wife must submit the same documents)
3 pcs. 1×1 ID photo (each)
Proof of Billing (Meralco, Water, PLDT, Cable, etc.) or Barangay Clearance if none
Photocopy of 2 valid government-issued IDs with 3 specimen signatures (each)
TIN ID
Marriage Contract (if married) / Birth Certificate (if single) / CENOMAR (if single parent)
Residence Certificate (each)
Income Tax Return (ITR)
Post-dated checks for equity & amortization (or Metrobank auto-debit)
SSS number (each)
DTI Business Permit (business must be operating for at least 3 years)
To qualify for a Pag-IBIG housing loan, members need to show proof of their active membership, capacity to pay, and civil status. This usually includes valid IDs, income documents such as payslips or tax returns, and employment or business records. OFWs are required to submit additional overseas employment documents, while married applicants may need to provide a marriage contract. Pag-IBIG also checks loan capacity, updated contributions, and property details before approving the application.
By preparing these requirements early, you can enjoy a faster loan process and move closer to owning your dream home with the help of Pag-IBIG financing.
Pag-IBIG Housing Loan Requirements
Basic Requirements (All Applicants)
Completed Housing Loan Application Form with recent ID photo (borrower, spouse, co-borrower, and spouse if applicable)
Proof of Income (depending on employment type)
Valid IDs (photocopy, borrower and spouse)
Marriage Contract (if married) / Birth Certificate (if single)
Residence Certificate (Cedula)
For Locally Employed Applicants
Certificate of Employment and Compensation (CEC)
Latest Income Tax Return (ITR), W2, or payslips
For Self-Employed Applicants
Income Tax Return (ITR) and Audited Financial Statements (last 2 years)
Business Permit or Mayor’s Permit
DTI or SEC Registration (whichever applies)
For OFW Applicants
Employment Contract (POEA standard or authenticated)
Certificate of Employment and Compensation (CEC) or latest payslips
Special Power of Attorney (SPA), notarized or consularized
Passport (photocopy of data page and entry visa/stamp)