Guide on Requirements for Pag-IBIG Calamity Loan Application If Representative Will File the Loan
REQUIREMENTS FOR PAG-IBIG CALAMITY LOAN 2024 – Here are the documents required if the loan application will be filed by an authorized representative.
In the Philippines, there are entities under the government that offer calamity loans. Thus, it is important to maintain active memberships to these memberships if you want a safety net against the unforeseen circumstances. One of these entities is the Pag-IBIG Fund.
The Pag-IBIG Fund has been in the service of the Filipino people for several years already. It has several loan offers including the Pag-IBIG Multi-Purpose Loan, the Pag-IBIG Housing Loan which it is most popular for, and the Calamity Loan offer.
The Fund has millions of members from across the nation. These include individuals who are locally-employed, self-employed, and overseas Filipino workers (OFWs). It has also opened its doors for voluntary memberships.
With regards to the Calamity Loan offer of the Fund, it was crafted so that eligible members has a loan option to turn to whenever a natural disaster has left their place of residence or work under a State of Calamity.
Through its Calamity Loan offer, the Fund wants to help the members living or working in calamity-stricken areas recover from the impacts of the natural disaster. In applying for the loan offer, it can be done by an authorized representative of the member but there is a unique set of requirements for the Pag-IBIG Calamity Loan application in that case.
What are the required documents? In case the application will be processed by an authorized representative of the Fund member, here are the requirements for the Pag-IBIG Calamity Loan application that must be submitted:
- Authorization Letter
- Valid IDs of both parties (1 Photocopy)
- Pag-IBIG Calamity Loan Application Form (CLAF, HQP-SLF-066) (1 Original) (1 Original)
- Proof of Income
- If employed:
- The “Certificate of Net Pay” portion at the back of application form must be accomplished by the employer or submit photocopy of one (1) month latest payslip duly authenticated by the company’s authorized signatory.
- If self-employed:
- ITR, Audited Financial Statements, and Official Receipt of tax payment from bank supported with DTI Registrant and Mayor’s Permit/Business Permit (1 Photocopy)
- Bank Statements or passbook for the last 12 months (in case income is sourced from foreign remittance, pension, etc.) (1 Original)
- Certificate of Engagement issued by the owner of business (1 Original)
- Commission Vouchers reflecting the issuer’s name and contact details (for the last 12 months) (1 Original)
- Certified True Copy of Transport Franchise issued by appropriate government agency (LGU for tricycles, LTRFB for other PUVs) (1 Original)
- Notarized Affidavit of Income (HQP-SLF-136) (1 Original)
- If OFW:
- Employment Contract
- Employment Contract between employee and employer (1 Photocopy); or
- POEA Standard Contract (1 Original)
- Income Tax Return filed with Host Country/Government (1 Original)
- Certificate of Employment and Compensation (CEC)
- CEC written on the Employer/Company’s official letterhead (1 Original); or
- CEC signed by employer (for household staff and similarly situated employees) (1 Original), supported by a photocopy of the employer’s ID and passport
- Employment Contract
- If employed: