Pagibig Financing

Pag-IBIG Fund, Housing Loans, Mortgage, Membership, Foreclosures, etc

Voluntary Membership

7 Most Popular How-To’s On Pag-IBIG Fund

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Since this website has been online, the Pag-IBIG Financing Team has encountered questions that are repeatedly asked by site visitors. Of course, we have made the FAQ section to address some of the most common questions that they raise. But, as it appears, a lot of folks seem to overlook that page when searching for the answer to their questions. That section should be the first stop for anyone who wish to find some answers related to Pag-IBIG Fund and its services.

This article is also a handy guide to the How-To type of questions that we received from site visitors.

We hope that by providing this, you’ll easily get access to the right information that you are seeking. Please browse the whole article to see if you also have similar queries.

1. How To Apply For A Pag-IBIG Housing Loan

This is one is the favourite questions of most Pag-IBIG Fund members. Here’s a sample inquiry that we received: “I would to ask how can I make a loan. I was planning to buy a parcel of land somewhere in Laguna but I have no idea on how to apply for the loan and what the procedures are.”

Best Answer: The Pag-IBIG Housing Loan Process.

2. How To Pay the Pag-IBIG Fund

For the locally employed Filipinos, this one should not be a problem since their employers should take care of this by way of salary deduction.

But for the self-employed and the Overseas Filipinos, here are some of the best ways to send your payment: 5 Ways To Pay The Pag-IBIG Fund.

Note: You may choose to pay monthly or quarterly. It is always best if you can pay over the counter, at the collecting office. And for all your payments, make sure that you keep the Official Receipt as evidence of the payment.

3. How To Apply As Voluntary Member

The mandatory membership to the Pag-IBIG Fund has already been expanded to include the Overseas Filipino Workers. Please consult article we had about the Home Development Mutual Fund Law of 2009 to check if you are under the mandatory coverage or not.

Now, here’s a list on who can become voluntary members to the Pag-IBIG Fund.

  • Non-working spouse, provided the other partner is also a member
  • Filipino employees of foreign government or international organization, or their wholly-owned instrumentality based in the Philippines, in the absence of an administrative agreement with the Fund
  • Leaders and members of religious groups
  • A member separated from employment, local or abroad, or ceased to be self-employed but would like to continue paying his/her personal contribution
  • Public officials or employees who are not covered by the GSIS

Here’s how to apply as a voluntary member.

4. How To Apply For A Short-term Loan

pag-ibig financing how-toWhether you want to call it a Personal Loan, a Salary Loan or by any other name, it belongs to the Short-term Loan program of Pag-IBIG.

Here’s how to apply for a short-term loan.

5. How To Withdraw Your Savings

Take note that your total savings, also called Total Accumulated Value, is the sum total of all your contributions, that of your employers (if applicable), plus the accumulated dividends.

But, you can’t just withdraw it anytime as you would your savings bank account. You should know about specific guidelines on how to withdraw that money.

6. How To Check If You Qualify For a Home Loan

Nothing can be so annoying than spending some previous time applying for a home loan only to be denied because you did not qualify. You can do a lot in the way of preparation.

Here’s how to do a pre-qualification before you go to the office and apply for a home loan.

7. How To Check My Membership Status, Contributions and Payments, etc.

There are some questions that only the Pag-IBIG Office or branch can answer. This one is among them.

However, you may want to read this Q and A about your Pag-IBIG Membership.

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“The 7 Most Popular How-To’s On Pag-IBIG Fund” is written by Carlos Velasco.

Voluntary Membership To Pag-IBIG Fund: The Self-Employed, Freelancers, And Non-Employees

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Self – employed? Unemployed? How about Non-Employed? In other words, are you not connected with a single company that considers you on its monthly payroll?

The good news is, you can become a member of the Pag-IBIG Fund as a Voluntary contributor.

The bad news is you have to shoulder of the contributions yourself without the aid of a company or employer. But if you are self-employed or you are on a business by yourself, you already know that you are in control of your financial direction, right?

In this article, we’ll show you how to become a member of the Pag-IBIG Fund as a Voluntary Member.

How To Join Pag-IBIG As A Voluntary Member

  1. Accomplish and submit two (2) copies of the MDF and all required supporting documents to the Marketing and Enforcement Division of the concerned Pag-IBIG branch office (bring all originals for authentication).
  2. Secure a Payment Order Form (POF) from the Marketing and Enforcement Division, and then proceed to the Cash Division for payment of initial Membership Contributions (MC).
  3. Present all verified/stamped documents to the Marketing and Enforcement Division.
  4. Secure a Payment Order Form before proceeding to Cash Division for payment of contribution.

Requirements For Individual Payers

Here are the respective requirements for different categories of Individual Voluntary Members. Please check with group you belong.

1. Self-Paying Empployee (Waived Company)

You may be employed by one or more companies, but for some reasons, you choose to pay your Pag-IBIG contributions by yourself without their aid.

  • Certificate of Employment & Compensation
  • Latest Pay Slip
  • Company ID

2. Self – Employed

Freelancers, professionals, consultants and owners of small businesses belong to this category. (See also item #5.)

  • Latest Income Tax Return (ITR) with Financial Statement of the previous year certified by a CPA
  • Certificate of Remittance/ESAV (for old members)
  • Two 1×1 ID pictures
  • SEC or DTI Registration (should be under the member’s name)
  • Business Permit or Mayor’s Permit

3. Franchise Holders or Operators

  • Franchise Permit (under the member’s name)
  • Official Receipt or Car Registration (under member’s name)
  • Latest ITR (previous year)
  • Two 1×1 ID pictures
  • Certificate of Remittance or ESAV

4. Overseas Filipino Workers (reactivating members)

  • Latest Contract of Employment
  • Passport or any valid ID / POEA License
  • Latest and valid Contract of Employment (with POEA original stamp)
  • Certificate of Remittance or ESAV
  • Two 1×1 ID pictures
  • Special Power of Attorney (SPA), in case a representative shall submit the documents and pay the member’s contributions

5. Self – Employed Professionals

These are government licensed professionals practising their expertise.

  • PRC / BAR License
  • Latest ITR (previous year)
  • Certificate of Remittance or ESAV (for old members)
  • Two 1×1 ID pictures

6. Unemployed Spouse

Yes, if you are unemployed you may still qualify provided your spouse is employed and a Pag-IBIG member.

  • Written consent from member-working spouse
  • Certificate of Employment and Compensation of member-working spouse
  • Affidavit of Unemployment

7. Member – Spouse with Business

This is similar to #6 above, but the spouse is in business.

  • Latest ITR
  • Written consent from member-employed/working spouse
  • Certificate of Employment and Compensation of member-working spouse (notarized)
  • Affidavit of Unemployment
  • Two 1×1 ID pictures
  • ITR (previous year)
  • Business Permit or Mayor’s Permit
  • SEC or DTI Registration

Important Notes:

  • Monthly contributions of unemployed members (reactivating or non-working spouse) shall be P100.00.
  • The unemployed member has the option to upgrade his monthly contributions, but may not downgrade the amount.
  • Unemployed members may avail of the Multi-Purpose Loan, but not a housing loan from Pag-IBIG.
  • Individual payers or voluntary members have the option to choose their terms of payment, e.g. monthly, bi-monthly, quarterly, etc.

8. Unemployed (reactivating member)

Well, let’s admit it, times are tough. One day, your employment may just be gone in a flash. You may still continue your contributions provided you provide:

  • Affidavit of Unemployment

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This article on Voluntary Membership To Pag-IBIG is written by Kyro Jo.

For Employees : How To Become a Pag-IBIG Fund Member?

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Are you a regular employee who always wonder how that Pag-IBIG deduction got in to your pay slip? Or you don’t really care since it is as normal and as inescapable as the income tax?

This article shows you how to become a member of the Pag-IBIG Fund if you are an employee here in the Philippines.

Pag-IBIG Membership For Employees

Earning at least P 4,000 a month? Thanks to Republic Act 7742, membership to the Pag-IBIG Fund has become mandatory for all employees covered by the Social Security System (SSS).

That’s right, all you have to show is you are earning a minimum of PhP 4,000 and you are working in a legitimate company, then you can be a member of the Pag-IBIG Fund.

As for employees earning less than P 4,000 a month, membership to the Pag-IBIG Fund is only voluntary.

So How Do You Exactly Become A Member Of Pag-IBIG Fund?

In most cases, you don’t even have to bother about it since your employer will file your membership to the Pag-IBIG Fund and remit your contributions on your behalf.

In a perfect world, everything is taken care of. In reality, that’s not always the case.

If your company won’t even bother, you can always be in control take the necessary steps yourself. This is especially true if you are considering getting a housing loan anytime soon. You want to show them that you have “perfect contributions” and is ready to take a loan.

Here are some guidelines:

  1. Locate the Pag-IBIG branch that is nearest to your place of work. Usually, this is the regional office of Pag-IBIG Fund.
  2. Proceed to the Marketing and Enforcement Division of the concerned branch.
  3. Request for a copy of the Membership Registration/Remittance Form (MRRF).
  4. Accomplish and submit two copies of the MRRF together with the following supporting documents to the Marketing and Enforcement Division:
    • Members’ Data Form (MDF)
    • Certificate of SSS Coverage and Compliance (for the current year), if private employer
    • GSIS Certificate of Membership, if government employer

Pag-IBIG For Employers

Yes, local employers are taking part in contributing to “your membership.” That’s why some of them (the small businesses, especially) feel a little bit itchy when complying to this mandate.

A problem arises when your company is not even a member of Pag-IBIG. (And this is not uncommon for very small business outfits.) In that case, here are some guidelines for employers.

  1. Accomplish two copies of the Membership Registration/Remittance Form (M1-1).
  2. Prepare the following documents (2 photocopies):
    • SEC registration or the company’s DTI and SSS registration
    • R3 and R1A forms (SSS registration and remittance forms)
  3. Present all documents (M1-1, Registration and SSS forms) to the Marketing Division of the concerned Pag-IBIG branch office for verification (bring all originals for authentication). Secure a referral slip from the Marketing staff.
  4. Proceed to the office’s Cash Division for payment of the first monthly remittance.
  5. Submit the referral slip prepared by the Marketing staff and all verified documents to the cashier.
  6. Succeeding remittance dates shall depend on the schedule of payment of the office. Accomplished M1-1 shall serve as the remittance form for succeeding payments.
  7. Submit to the Marketing office two copies of the accomplished Member’s Data Forms (MDF) of all qualified employees to the Marketing Division on the second month after the first payment of contributions.

The names of newly-hired employees, who are covered by RA 7742, should be included in the accomplished M1-1 form and their corresponding contributions duly remitted to the Fund. The accomplished MDF of the new employees shall be submitted on the following month.

For Sole Proprietorship

  • DTI Registration
  • Mayor’s Permit/ Business Permit

For Partnership/Corporation

  • SEC Registration
  • Articles of Partnership/Incorporation and By-laws

Important Notes:

  1. The original copy of the documents shall be presented for authentication.
  2. Upon submission of complete documents, the Marketing and Enforcement Division shall issue the Payment Order Form
  3. Proceed to the Cash and Administrative Services Division and pay the 1st monthly membership contributions (MC).
  4. Upon payment, present the Pag-IBIG Fund Receipt (PFR) to the Marketing and Enforcement Division.

Summary of Pag-IBIG Fund Membership For Employees

Once you have verified your membership to the Pag-IBIG Fund, your employer should be able remit your monthly contributions (which is deducted from your salary) to the Fund since your employer also acts as a collection agent of the Fund.