SSS Housing Loan Requirements for Application Process

Guide on the SSS Housing Loan Requirements for Application

SSS HOUSING LOAN REQUIREMENTS – Here are the documents required in applying for the Housing Loan offer of the Social Security System.

Are you planning to have your house repaire or renovated soon? If you are a member of the Social Security System, you may turn to the SSS Housing Loan offer of the state-run social insurance entity. Undeniably, not all members of the state-run entity are aware about this offer.

The Housing Loan of the Social Security System, one of the giant social insurance institutions in the country, was specially designed to help the qualified members who want to make house repairs or home improvements and need some funds for it.

Each SSS member may apply for the Housing Loan once. Under it, you can opt for light monthly installments of your loan while enjoying the benefits of a repaired house or a renovated home.

In applying for the loan offer, the SSS Housing Loan requirements include both documents about the member-borrower and those that pertain to the collateral. Here are the personal documents that are required for submission for the loan application:

  • Application for Direct House Repair and/or Improvement Loan (2 copies)
  • SS ID Cards of the principal applicant and his/her spouse, if applicable
  • proof of income:
    • If employed…
      • latest Income Tax Return (original and photocopy for authentication)
      • Certification of Employment and Compensation duly signed by the employer’s SSS authorized signatory (original copy
      • payslips
    • If self-employed or a professional…
      • Income Tax Returns and Financial Statements for the last three (3) years (original and one photocopy)
    • If overseas Filipino worker (OFW)…
      • Contract of Employment and Certification of Employment and Compensation duly authenticated by the Philippine Consulate or SSS Foreign Representative
With regards to the collateral or the property involved, here are the documents that are required for submission in applying for the SSS loan offer:
  • Building or Renovation Permit issued/approved by the Building Official with Locational Clearance, Electrical Permit, Sanitary/Plumbing Permit and corresponding official receipts of payments (original and one (1) photocopy
  • Certified true copy of the Original/Transfer/Condominium Certificate of Title (OCT/TCT/CCT) issued by the Registry of Deeds together with owner’s duplicate copy*
  • latest Tax Declaration of Real Property (land and building) with the Official Receipt of Realty Tax Payment (original and one (1) photocopy)
  • Lot/Location Plan prepared, signed & sealed by a licensed geodetic engineer with the following:
    • sketch of the lot with description of its boundaries
    • lengths and bearings of the tie line and sides of the lot
    • vicinity map w/ landmarks, street pattern, street names and lot distance as reckoned/based from the lot to the nearest street intersection (2 copies)
  • Consolidation-subdivision plan approved by the Land Registration Authority or Bureau of Lands/DENR-NCR (15” x 20” size; primary document) (1 copy)
  • complete set of building plan
  • specifications and Bill of Materials & Labor must be signed & sealed by a licensed civil engineer or architect with owner’s conformity
  • scope of Works showing list/itemized works to be done according to priority, prepared and signed by owner, civil engineer or architect. (original and one (1) photocopy)
  • pictures of existing collateral; the existing house and lot
    • 1st – Front and one side
    • 2nd – Rear and other side
    • 3rd – Kitchen counter
    • 4th – Toilet and Bath Pictures
SSS Housing Loan

Leave a Comment