PAGIBIG Circular No. Circular No. 403 Circular No. 396

You might also like

Download as pdf or txt
Download as pdf or txt
You are on page 1of 1

Date : ___________________________

Company : __________________________________
Address : __________________________________

Dear Sir / Ma'am :


This refers to my desired unit at ___________________________ particularly Phase ______Blk ______Lot_______ located at
________________________________.

I understand that I need to submit my proof income upon Official Reservation for pre-qualification on the Pag-IBIG Housing
Loan but the said documents is not yet available at this time. With this, I would like to request your approval that the above unit
be temporarily reserved.

I would like to certify the following information needed in reservation :


Place of work : ______________________________

Regular Monthly Income

☐ LOCALLY EMPLOYED (CEC)


Basic Monthly Salary : Php ________________________
Allowances (please itemize) : Php ________________________ (please specify if company is using
________________________ other term if any)
________________________
Total : ________________________
☐ OFW (Job Contract) : Php ________________________ (converted to Peso)
☐ With Business (ITR) : Php ________________________

For income derive from foreign currency, I understand that my GROSS MONTHLY INCOME (GMI) shall be recomputed base
on prevailing conversion rate at the time of filing at HDMF. If the computed GMI is not sufficient for the said loan, this may
result to payment of additional equity/co-borrower.

I am also aware of the following requirements in order that Pag-IBIG may issue an approved MSVS in connection with my
housing loan application :

1. Updated Pag-IBIG premium contribution and Multi Purpose Loan (MPL) – if any
2. 2 years Pag-IBIG membership requirements; and

I hereby certify that the foregoing information are true and that I fully understand any discrepancy between the above stated or
documents that I will submit upon Official Reservation might change the interest rate / loanable amount. Further, that I may be
charged of a fee for any recommendation brought about by the discrepancy and may entail additional documentary requirements
not discussed during sales presentation.

Respectfully yours,

_______________________________
(signature of buyer over printed name)

Endorsed by: Checked by :

______________________________ ___________________________
BDO (signature over printed name) CSD (signature over printed name)

PAGIBIG Circular No. Circular no. 403 Circular no. 396


PAGIBIG HOUSING PROGRAM AFFORDABLE HOUSING PROGRAM END USER HOME FINANCING PROGRAM

Details Maximum Gross Monthly Income (GMI) / Cluster Limit Gross Monthly Income
up to P > P 15,000 up to up to P No defined max
ClusterIncome

Cluster 1 (NCR) / OFW > P 17,500 GMI requirement


15,000 P17,500 17,500

up to P > P 12,000 up to P
Cluster 2 (Other Regions) up to P14,000 > P 14,000
12,000 14,000

3.00% 6.50% 6.375%


Interest Rate
1 5 yrs
st
1 10 yrs
st
3 years fixing
Loans up to Socialized Housing Loan Loans > 750,000 to
Loan Amount Loans up to Php 750,000
Ceiling 6M

Repricing Every 3 yrs

You might also like