How to get a loan to buy a house

How To Get A Loan To Buy A House in Manila via Pag-Ibig Housing Loan

We already have a reference as to who can get a housing loan via Pag IBIG; now we can discuss with you how to get a loan to buy a house via Pag-IBIG. You can finally get your the housing loan you waited for so long.
Al-Khor Townhomes San Juan realizes that you wouldn’t want those monthly contributions that were deducted from your payslip go to waste; we wanted you to finally see your luxury home happen; which is why we have prepared a checklist of what you may need to accomplish.


Pag-Ibig Housing LoansHousing Loan Forms along with a checklist of requirements is readily available at any Pag IBIG offices. You can also download them from their official website at

In this new age of technology where innovations are done mostly online; the first step in getting that dream house you’ve dreamt for awhile would be easier than you think nowadays.

Pag-IBIG Fund now has an easier process of bringing you closer to acquiring a Housing Loan Application. There is now an online facility where their members may accomplish their applications and submit it to their website. A soft launch of this process is currently usable to all members that have an assigned Pag-IBIG Membership ID (MID) or Registration Tracking No . (RTN).

Their appointed scheduled date for submitting their documentary and technical requirements along with the conduct of loan counselling will be provided through a notification to all applicants from the National Capital Region / Metro Manila. Provincial applicants may visit the Pag-ibig Fund provincial branches near their location during any business hour suitable for the applicant’s availability.


Pag-Ibig housing Loan Application FormAlong with the complete set of requirements, the Housing Loan Application Form should be submitted to the Pag IBIG Fund office. It takes fifteen (15) working days that does not include the Credit Investigation and Property Valuation for this to be processed.
A partial non refundable payment will be required as a processing fee that amounts to PHP 1,000 to start the process.

For properties within the National Capital Region there are offices at Imus, Kamias and at JELP Business Solutions Building in Shaw Blvd. Mandaluyong City. Filling for Provincial properties can be done at any Pag IBIG office that is nearest to the property.



You can start signing those loan documents once you receive your Notice of Approval (NOA) and Letter of Guaranty (LOA). Please note that the Notice of Approval will ONLY be released to the borrower.
A Special Power of Attorney (SPA) should be provided if the applicant is an Overseas Filipino Worker (OFW) and the Attorney-in-Fact will be the one to receive the Notice of Approval (NOA).


For your check to be released; you are given ninety (90) calendar days to accomplish your Notice of Approval (NOA). Present your Letter of Guaranty (LOA) to the seller if you are trying to purchase a House and Lot, a Condominium or a Townhouse unit.

You can then proceed with the Bureau of Internal Revenue (BIR) for payment of the Capital Gains Tax and Documentary Stamp Tax. The BIR will issue a Certificate Authorizing Registration. After this you can go straight to the Local Government Unit (LGU) for payment of Transfer Tax.

You can now go to the Registry of Deeds (RD) for the transfer of the title and annotation of the mortgage before you can advance to the LGU for the transfer of Tax Declaration.

The process is different to Refinance for Purchasing a House and Lot Mortgaged with Pag-IBIG Fund and for Construction of House or Home Improvement.


Within five working days your loan will be available once you have submitted your Notice of Approval (NOA) with the complete set of requirements to the Pag IBIG Fund office.


The Pag IBIG Fund will then release your loan.
A Payee who is either the seller or a third party to which the loan proceeds is assigned to be released should bring two valid Identification Cards (IDs). If payment is not done through a Salary Deduction Loan Proceeds, the Borrower should present 12 Post Dated Checks (PDCs); as this will be released to the person or institution assigned to by the borrower or the buyer.


Last but definitely not the least among these steps; you can now start paying your Monthly Amortization one month from the check date.

Using this guide that we have provided, you’re just a few weeks away from getting your loan approved.

A DISCLAIMER: We are not directly associated with the Home Development Mutual Fund. The summary of the process discussed were gathered from the official Pag IBIG Fund website. You can also check this at Procedure of Housing Loan Availment – Pag-ibig Fund.

Al-Khor Townhomes San Juan would love to turn your dream home to reality. Which is why we are providing you a fast and easy way for this to be done. We even provided a readily available picture of what your dream house would look like and the features that come along with it: Townhouse for sale in San Juan City, Metro Manila.

Wondering if you are qualified to apply for a Pag IBIG loan? We prepared an article that you may use as a reference. Who Can Get A Loan To Buy A House Via Pag-Ibig
We also accept bank financing as another option which is discussed in this link: How To Get A Loan To Buy A House Via Bank Financing Loan.

You’re desired luxury home is just a process away from happening. Anything you might want to add to the process we have indicated above? Then, we would love to hear from you.

happy buying a townhouse in manila

5 Tips on Buying a Townhouse in Manila

Are you looking to buy a townhouse to call home in Manila? If so, and if you feel overwhelmed during the house-hunting process, you are not alone. The beautiful city of Manila, and, in particular, San Juan City, has many amazing properties from which to choose, and it’s helpful to have a guide to help you find the property that best suits you.

That’s why we’ve put together these five must-read tips for buying a townhouse in Manila. A townhouse is a great option as it is spacious with two or three stories and usually less expensive than a single family home.


Get a Reputable Sales Agent

It is advisable to have a quality sales agent to help you with your search for buying the townhouse of your dreams. This sales professional understands the housing market and can find you the properties for sale within your budget and that meet your criteria, including the number of bedrooms you envision. The agent can also provide you with vital information about a property, fully understands Philippine laws and can help you get a mortgage loan you want.


Search for Community Accessibilities

When you are looking at a townhouse for sale in San Juan or within another part of Manila, check for the local community accessibilities. For example, is there are place nearby to buy groceries easily? Is there a bank, church or mall close by that meets your expectations? Also examine the transportation routes in the area to ensure you could easily get around there if you purchase the property, or that your children can visit you easily there.


Visit a Townhouse at Different Times

Another tip for buying a townhouse in Manila is to visit the prospective location during different times of the day. What you want to see is whether the neighborhood is noisy at certain times of the day and how much traffic the street gets during the day versus at night. Then you can decide whether what you see or hear is going to be something you can get used to every day.


Research Values in the Area

Research what the average townhouse in San Juan or another city in Manila typically sells for. While you may not have the expense of children living with you, what you do need to consider is whether you can comfortably afford the average property price in the area. As well, ensure that you don’t get overcharged during buyer negotiations by being knowledgeable about reasonable prices in the neighborhood; a sales agent can help you determine these values easily.


Leave Room for Taxes

When negotiating a deal on the townhouse of your dreams in Manila, don’t forget to leave room in your budget for paying taxes. Buying real estate comes with the assumption that you will pay for the documentary stamp tax, transfer tax and registration fee (with the seller paying other fees). This is a standard procedure in the Philippines, although you may be able to negotiate with the seller for a slight alteration on the pricing structure. Make sure you keep these taxes in mind during the buying process so that you stay within your budget. That way you won’t buy yourself into debt, which only takes away from the excitement of owning a new property.

There are many great areas for shopping and dining in Manila, which makes it an ideal place to buy a townhouse.


Follow the five tips above to get the best experience buying a townhouse in San Juan or another local city so that you can truly enjoy the experience of living in the culturally-rich, beautiful location.

Make the most of your retirement, time without the kids or the joys of treating yourself to a property that you have always dreamed of obtaining – you deserve it, and an affordable one is close by, within reach, in Manila!




Tell us what you’re looking for! We are always ready to assist you and answer your inquiries. Schedule your site tripping using our Calendly form. Thank you and have a good day!


201 San Luis, San Juan, Metro Manila
+63 917 104 7054


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