You can also complete a copy of your most recent ITR that possess an effective BIR stamp. I think for this you to definitely, you’ll have to visit your RDO discover stamped.
If you find yourself an effective freelancer otherwise an entrepreneur, you can fill in a copy of one’s audited ITR and you will BIR stamp. We did not test this one because We wasn’t the person who taken out the loan and i also don’t subscribe to be co-borrower, but In my opinion this will suggest delivering your own most recent ITR, and just to go on the brand new secure front, your own accounting books, towards the RDO.
If you are employed, you can also choose to fill in the official thirty days pay slip old at least three months prior to go out off software. Jay chose to complete around three so you can seal the offer, haha! He plus recorded his COE together with all of them.
This is certainly towards the first rung on the ladder. Pag-IBIG commonly assess the submissions to check the qualifications to use having a house mortgage.
After you’ve recorded such data online, you are going to located a contact prompting one pay money for brand new processing payment. I reduced Php 1,000. Make sure that you print a copy of the confirmation of the fee. You will have to provide it to help you Pag-IBIG , as well as the almost every other criteria, once you’ve started greet to consult with its place of work compliment of email address otherwise a call.
Here are the records that you ought to give Pag-IBIG once you have become questioned to submit your documents yourself:
step 1. All the original duplicates of your data your filed on very first procedure, except for the fresh selfie. You should also have your own ID photocopied.
dos. A duplicate of Special Fuel out of Attorneys towards representative. (If for example the owner is not throughout the Philippines)
The cost of notarization depends on the fresh new arranged selling price of the home specified on your own contract to offer.
They and additionally inquire when planning on taking your own photographs along with your appropriate ID once more. This time around, it could be their workers who’ll take the sample.
Appraisal stage
Because desk manager appears over your articles and you will sees no inaccuracies, you are requested to pay for assessment percentage. We paid off Php dos,000.
We were informed to go to for a visit from just one from their workers regarding your plan of the home assessment. What are the results throughout house appraisal is they will send agencies to help you inspect the house to see if it fits their standard and you can conditions.
It called three days before they went to. This new appraisers have been in the put by 8AM. It ran during the, searched the fresh new proportions and you may did not extremely keep in touch with united states that much. They just went to search for each area in the house.
Upcoming which was it. We were informed to go to for their current email address whether all of our loan has been acknowledged or perhaps not acknowledged; yet not Connecticut installment loan direct lender, it already informed all of us the house we were seeking to pick was in short supply of step one meter wide on their requirements.
Mortgage Denied
I acquired a contact regarding Pag-IBIG formally proclaiming that new measurements of our house didn’t fulfill their criteria, and this try you to. Which was the termination of the feel……for now.
We considered turning in a page of reconsideration, nevertheless email clearly stated that we had to address the latest situation and invest in deciding to make the necessary transform, which i would not. So we was required to accept all of our fate and you will move ahead.
Oh well, at the least we have achieved an existence skill that people can be use in tomorrow and also to show our very own students when it is the check out buy their residence. We were, naturally, distressed, but we shall keep our hopes up until i ultimately get the set we can name household.