You may also fill out a duplicate of your own current ITR you to definitely keeps a good BIR stamp. I think for this one to, you are going to need to visit your RDO locate stamped.
When you are good freelancer otherwise an entrepreneur, you could fill in a duplicate of audited ITR and you will BIR stamp. We didn’t try out this one to as the We wasn’t the one who applied for the mortgage and that i don’t subscribe end up being co-borrower, but I believe this would mean providing their current ITR, and just to be on this new safe front, your bookkeeping guides, for the RDO.
If you are operating, you are able to choose to fill in your own certified thirty day period pay slip old at the very least three months prior to date regarding application. Jay chose to complete three to help you secure the deal, haha! He plus submitted their COE also all of them.
This is exactly for the first rung on the ladder. Pag-IBIG usually determine your own distribution to test their qualifications to use having a home financing.
After you’ve submitted such documents on line, you are going to receive a message prompting one to buy the latest control fee. I paid down Php step 1,000. Be sure that you print-out a copy of the confirmation of your own commission. You’ll have to provide so it to Pag-IBIG , plus the almost every other criteria, after you’ve already been enjoy to visit its office courtesy email or a visit.
Here you will find the data files that you ought to give Pag-IBIG once you have been asked to submit your documents truly:
step one. Most of the new copies of one’s documents your submitted in the first process, except for new selfie. You need to likewise have your ID photocopied.
2. A copy of your Unique Energy out of Lawyer towards the representative. (If your proprietor isnt on the Philippines)
The price of notarization depends upon the new consented selling price of the house stipulated on your offer to offer.
They in addition to inquire when planning on taking your photo together with your good ID once more. Now, it would be their employees who can take the sample.
Assessment phase
While the table administrator looks over your write-ups and you will notices zero inaccuracies, you may be expected to pay for appraisal payment. I paid back Php 2,000.
We were informed to go to to possess a call from 1 out of their employees concerning your plan of the home appraisal. What happens during household appraisal is because they will send agencies in order to test the house to see if they suits the important and you can conditions.
They titled three days ahead of they visited. The newest appraisers was indeed within lay by the 8AM. It went into the, seemed the latest dimensions and you can don’t extremely communicate with all of us anywhere near this much. They simply went around to test for every space in your house.
Next which was they. We had been told to wait due to their email whether all of our financing could have been accepted or perhaps not accepted; however, they already warned united states that the house we had been trying to pick is actually short of step one meter in width on their criteria.
Financing Denied
We obtained an email from Pag-IBIG formally proclaiming that the fresh measurements of the house failed to satisfy their conditions, and this is holiday loan one to. Which was the termination of the feel……for the moment.
We sensed sending in a letter out-of reconsideration, nevertheless email clearly stated that we had to deal with the new procedure and you can invest in making the expected transform, which we would not. So we had to accept our very own future and move on.
Oh really, at least you will find attained a lifestyle experience that people can use in tomorrow in order to teach all of our high school students when it is their look to get their property. We were, obviously, disturb, but we shall remain all of our dreams up until i in the long run get the lay we could name home.