HQP-HLF-096 Application for Moratorium on HL Payments For Borrowers Affected by Typhoon Yolanda

Pag - Ibig application form for moratoruim on housing loan payments for borrowers affected by Typhoon Yolanda

Your Browser Doesn't Support Canvas. Showing the Text Content of the PDF Instead: HQP-HLF-096

APPLICATION FOR MORATORIUM
ON HOUSING LOAN AMORTIZATION PAYMENTS
(Please accomplish in two (2) copies)

(For borrowers affected
by typhoon Yolanda)

Pag-IBIG MID Number/RTN

(PLEASE READ GUIDELINES AND INSTRUCTIONS AT THE BACK. PRINT ALL ENTRIES IN BLOCK OR CAPITAL LETTERS)

LAST NAME

FIRST NAME

NAME EXTENSION

MIDDLE NAME

AGE

HL ACCOUNT No.

WITHOUT PDC
CONTACT DETAILS (indicate country code if abroad)
COUNTRY + AREA CODE TELEPHONE NUMBER
Home

PERMANENT HOME ADDRESS
Unit/Room No., Floor
Subdivision

Building Name

Lot No., Blk No., Phase No., House No.

Barangay

Municipality/City

Street Name

Province and State Country (if abroad)

WITH PDC

Zip Code

Cell Phone
PRESENT HOME ADDRESS
Unit/Room No., Floor

Building Name

Lot No., Block No., Phase No., House No.

Street Name

E-mail Address
Subdivision

Barangay

Municipality/City

Province and State Country (if abroad)

Zip Code

EMPLOYER/BUSINESS NAME

CONTACT DETAILS (indicate country code if abroad)
COUNTRY + AREA CODE TELEPHONE NUMBER
Business (Direct Line)

EMPLOYER/BUSINESS ADDRESS
Unit/Room No., Floor

Subdivision

Building Name

Lot No., Block No., Phase No., House No.

Barangay

Municipality/City

Street Name

Province and State Country (if abroad)

Business (Trunk Line)
Employer/Business Email Address

Zip Code

CERTIFICATION
I hereby certify, under pain of perjury that;
1. I am a victim of typhoon Yolanda.

4. I shall abide with all applicable rules and regulations
governing this moratorium that Pag-IBIG Fund may
promulgate from time to time.
5. My signature appearing herein is genuine and authentic.
6. The information given and any or all statements made herein
are true and correct to the best of my knowledge and belief.

2. My
house has been damaged
source of income has
been impaired due to the said calamity.
3. In the event of subsequent discovery of falsification,
misrepresentation or any similar acts committed by me,
Pag-IBIG Fund shall automatically disapprove my application
and I shall pay Pag-IBIG Fund the housing loan amortization
due with corresponding penalties.

__________________________________
Signature of Applicant Over Printed Name

____________
Date

EMPLOYER/BARANGAY CERTIFICATION
This is to certify that Mr./Ms. ___________________________________________ with residence address at ________________
__________________________________________________________________ was affected by typhoon Yolanda. It is further
certified that his/her

house has been damaged/

source of income has been impaired by the said calamity.

This Certification is being issued in relation to the application for moratorium of the above-mentioned Pag-IBIG Fund member.
Issued this ______ day of ________________ at ____________________________________________________________.

______________________________________________

_________________________________________________
HEAD OF OFFICE OR AUTHORIZED REPRESENTATIVE/
HEAD OF BARANGAY
(Signature Over Printed Name)

DESIGNATION/POSITION

THIS PORTION IS FOR Pag-IBIG FUND USE ONLY
ACCOUNTS MANAGEMENT (CTS/REM DIVISION)-BILLING AND COLLECTION DEPARTMENT/
LOANS AND CONTRIBUTION MANAGEMENT AND RECOVERY DIVISION-REGIONAL BRANCH/HOUSING BUSINESS CENTER
DATE FILED :

ADDRESS WITHIN AREAS
DECLARED UNDER STATE
OF CALAMITY
YES
NO

HOUSE DAMAGED/SOURCE OF
INCOME IMPAIRED BY CALAMITY
YES

REMARKS

NO

STATUS OF ACCOUNT AS OF THE MONTH
PRIOR TO DATE OF APPLICATION OF
MORATORIUM
UPDATED
IN ARREARS

AGE UPON MATURITY
WITHIN 70
BEYOND 70

CHECKED BY:

DATE

REMARKS ON INSPECTION

DATE INSPECTED

INSPECTED BY:

DATE

APPROVED BY:

DISAPPROVED BY:

DATE

DATE

REMARKS

(Rev. 00, 01/2014)

GUIDELINES AND INSTRUCTIONS

A. WHO MAY FILE
All Pag-IBIG Fund housing loan (HL) borrowers who were affected by Typhoon Yolanda and were able to meet
the following eligibility requirements:
1. With age not exceeding seventy (70) years old at the end of the loan term inclusive of the extended period/s
due to availment/s;
2. With updated HL account as of the month prior to date of application of moratorium on HL payments; and
3. With housing unit for which the loan was procured is damaged or the source of income has been impaired
by the calamity or its after effects.
B. HOW TO FILE
The applicant shall:
1. Accomplish two (2) copies of Application for Moratorium on Housing Loan Amortization Payments (AMHLA).
Note: Applications for availment of the loan moratorium shall be filed with Pag-IBIG Fund branches where
the loan is maintained within ninety (90) days from the declaration of state of calamity in the borrower’s
locality.
2. The application may be filed by the borrower, his or her spouse, or the duly authorized representative.
C. DOCUMENT TO BE SUBMITTED
Employer/Barangay Certification
Note: The Employer/Barangay Certification is incorporated in the application form to be signed by the Head
of Office or authorized representative or Head of Barangay, whichever is applicable.
D. TERMS AND CONDITIONS
1. Eligible borrowers shall be granted a maximum period of six (6) months on HL amortization payments
based on the following:
a. If the borrower has paid his amortizations before filing his application for the program, the moratorium
period shall start on the nearest due date following the approval of his application; or
b. In case the borrower has not yet paid his amortizations upon filing his application for the program which
is still within the availment period, the moratorium period shall be reckoned from the nearest due date
after the date of last payment made.
2. The borrower’s loan term shall be extended for period equivalent to the moratorium’s effectivity but the HL
amortization, interest rate, and other terms of the loan shall remain the same. Due dates shall be adjusted
accordingly.
3. HL payments shall be suspended for the period approved at no additional cost to the borrower. Thus, no
penalty or additional interest shall be charged during the moratorium period.
4. Said moratorium on HL payments shall likewise cover upgraded monthly savings, if any, principal and
interest payments should his/her application for such be approved. However, borrowers shall be required to
pay upfront the corresponding amount for the HL protection coverage upon application for the moratorium
program.
5. Payment of HL amortizations shall resume on the month following the last month of the borrower’s
moratorium period.
6. A borrower may pay his monthly amortization even during the moratorium period. Said payment, however,
shall be applied to the month when member is slated to resume payment.
7. Availment of the moratorium shall not preclude the member from enjoying other Pag-IBIG Fund programs,
which may be beneficial to the member.