Requirements in buying a house

November 10, 2008 · Print This Article

If you are wondering about the requirement and how to go about in buying a house here are the general checklist of requirements in buying a house and lot thru Pag-ibig and In-house financing from the developer of the community. For more details about your requirements, you can contact me.

For Pag-ibig Financing:

A. Private/Government Employee
[ ] Latest 24 months HDMF Premium
[ ] Certificate of Net Take Home Pay
[ ] Certificate of MPL repayments (if applicable)
[ ] Payslip/Payroll Voucher (lates 1 month)
[ ] Lates ITR/W2

B. Overseas Contract Workers
[ ] Latest Job Contract (original or if photocopy must be certified from employer)
[ ] Health Statement/Medical Health Result (original or certified photocopy)
[ ] Special Power of Attorney (SPA) (Notarized from the Philippine Embassy/Consul)
[ ] Passport (photocopy)

C. Self-Employed
[ ] Latest 2 years original copy of ITR w/ audited Financial Statement
[ ] Business Permit (photocopy)

For In-House Financing

Based on buyers income (please see above requirements if applicable)
Note: To issue Post Dated Checks of the following:
- Post-Dated checks for PF/Equity amortization
- Post-Dated checks for In-house amortization

Other Documents:

[ ] Latest Residence Certificate (photocopy)
[ ] Birth Certificate (photocopy)
[ ] Marriage Contract if applicable (photocopy)
[ ] Death Certificate if applicable (photocopy)
[ ] Court Order (if legally separated)
[ ] Tax Identification Number - TIN Card (photocopy)
[ ] 2 pcs. 1×1 I.D. Picture with signature at the back (if applicable)
[ ] 2 pcs. Valid ID’s if applicable (photocopy)
[ ] Proof of Billing if applicable (photocopy)

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