How exactly to make an application for a good Pag-IBIG housing loan having a pre-had home

How exactly to make an application for a good Pag-IBIG housing loan having a pre-had home

We recently tried to buy an affixed, cuatro bedroom, 2-storey tool within the Las Pinas. The owners moved towards United states right before the brand new lockdown in the fresh Philippines and their household try available. A common friend out-of ours informed all of us about it if in case I consequently found out it absolutely was not totally all procedures out from my parents’ domestic, we grabbed focus, expected when they open to a beneficial Pag-IBIG financing, and you will struck up an agreement on proprietor when they said yes.

Special Stamina from Attorneys and you can Mutual Bank accounts

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If the owners of a property aren’t in the united kingdom, they need to promote a qualified representative a keen S.P.Good. or a special Power off Attorney that delivers authority with the individual promote their residence on their behalf. That is why regardless of if we were recommended from the a familiar pal, i called for the new owner’s broker to include you a copy of you to notarized Salon we needed to is one of many data we were entry towards Pag-IBIG place of work.

The master have to be in the country in order to signal new Spa giving you to authority to help you her representative, but not, whether your arrangement between them happens when the dog owner has already been abroad, she need certainly to mark new Special Power from Attorneys where she actually is discovered, get it notarized around and you will stamped by Philippine Embassy in the whatever nation she’s at – this is what they name the Consularized Health spa – and you will upload it into Philippines of the post.

If for example the Health spa is signed locally, the owner must provide evidence which they have been in the Philippines after they closed the fresh new Health spa. In such a case, the particular owner provided photocopies of the passports while the press you to happen new time it remaining.

Please be aware and you to definitely Pag-IBIG will not topic monitors so you’re able to Salon representatives. Brand new checks continue to be on the term of your own residents in the label and also be placed to help you a district account. If your husband and wife was one another titled throughout the identity of the home, the latest membership have to be a joint that.

Brand new box processes

Once the i requested to own a discount, we’d doing the newest toes work on the mortgage software, which wasn’t so incredibly bad, got it perhaps not started COVID year. The complete procedure merely grabbed us about thirty day period accomplish.

We had some a defer as Pag-IBIG agent whom entitled united states the very first time advised me to bring the latest duplicates of all the data to function and miss all of them at package it set-up in the the workplace. We thought it absolutely was slightly outdated and you can erratic to just lose legal files in a box, but since it is to your information, i observed brand new guidelines of that representative. We were informed that a person will call united states, however, we did not receive any call.

Shortly after following right up more often than once, i acquired a message informing us that people don’t have an application for a loan, haha! Goodbye data regarding the box!

So we submitted again, this time, we achieved it online. Becoming fair, I believe that webpages was still are current in the time of our very own basic application. I read of an individual who their own brother had the fresh box processes and you will acquired a call, so i payday loans Tuscaloosa guess that program has worked before our very own submission.

Data files in order to upload on the web:

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In our case, it absolutely was Jay’s photos because it try the guy who had been applying for a loan. It’s easier like that given that he is in your neighborhood employed so it is much easier to processes their records.