How to submit an application for an effective Pag-IBIG construction loan getting a beneficial pre-had house

We has just made an effort to buy a connected, cuatro rooms, 2-storey tool during the Las Pinas. The owners migrated on You right before the fresh new lockdown within the the brand new Philippines as well as their domestic was shared. A familiar pal away from ours told united states about it whenever I consequently found out it was not totally all tips aside of my parents’ house, i took appeal, questioned if they are available to an excellent Pag-IBIG mortgage, and you may struck up a binding agreement into the manager when they told you yes.

Unique Energy of Lawyer and you will Joint Bank accounts

In the event that owners of a house aren’t in the united states, they need to give a professional representative an enthusiastic S.P.Good. otherwise a different Strength off Lawyer that gives authority on person to sell their house for them. That’s why even if we had been necessary because of the a familiar pal, i requisite the brand new owner’s agent to provide all of us a duplicate out-of one to notarized Day spa we needed to become one of the files that we was distribution towards Pag-IBIG place of work.

The dog owner have to be in the nation so you’re able to indication the newest Health spa granting you to expert so you’re able to their unique broker, although not, in case the contract among them is when the property owner is overseas, she need to mark the latest Special Fuel away from Attorney from which she actually is found, have it notarized personal loans Indiana bad credit around and you can stamped by the Philippine Embassy from the any nation she actually is at – some tips about what it telephone call brand new Consularized Salon – and posting it to your Philippines because of the post.

If the Spa are finalized in your community, the dog owner must provide facts that they was indeed in the Philippines once they closed the latest Health spa. In this situation, the proprietor provided photocopies of its passports and stamps one incur the latest go out it leftover.

Please be aware in addition to you to definitely Pag-IBIG cannot material monitors so you’re able to Salon agents. The fresh inspections are still in the title of owners throughout the name and will be transferred to an area membership. If your husband and wife is both named regarding the name of the home, the fresh account should be a mutual you to definitely.

New box processes

Because we requested having an economy, we’d to complete the fresh foot work with the mortgage app, which wasn’t so bad, got it not already been COVID year. The complete techniques only took united states on the thirty days to do.

We had a little bit of a put off given that Pag-IBIG broker exactly who named united states the first occasion informed me to provide new duplicates of the many data working and you will get rid of all of them at the package they set-up within their work environment. We thought it had been a little dated and you can unstable just to drop judge files within the a box, but whilst is towards news, we implemented the newest advice of the agent. We were told that somebody will call you, but we don’t receive any telephone call.

After following upwards more often than once, we gotten a contact advising us that individuals lack an application for a financial loan, haha! Goodbye files regarding box!

So we recorded again, this time around, we made it happen online. As fair, I do believe that the webpages was still being updated within duration of the very first application. I discovered of an individual who their own uncle had the fresh new box processes and you may gotten a call, therefore i guess that system worked before our entry.

Files to upload on the internet:

Within instance, it actually was Jay’s photo because try he who was implementing for a financial loan. It’s easier by doing this because he’s in your town working therefore it is much easier to techniques his data.