HQP-HLF-201 Letter of Intent

Pag - Ibig letter of intent for non - performing assets resolution program

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(V01, 07/2017)

LETTER OF INTENT
__________________
Date

To: CONCERNED DEPARTMENT/DIVISION/UNIT
Dear Sir/Madam:
As the ( Principal Borrower  Legal Heir  Successor-In-Interest), I would like to express my intention to
avail of the Pag-IBIG Non-Performing Asset Resolution Program (NPARP) to settle the housing loan account as
described below:
HL Account No.

:

Principal Borrower

:

Property Location

:

Mode of Settlement

:

 Cash

 Installment (for ___ months)

 Housing Loan

Should I fail to comply with the terms and condition of the chosen mode of settlement as I have committed, I
am aware that the Pag-IBIG Fund will pursue the cancellation of the Contract to Sell (CTS)/Deed of Conditional
Sale (DCS) or initiate foreclosure proceedings, as the case may be. Further, I also agree that Pag-IBIG Fund
has no commitment and makes no guaranty to approve my application, as it is understood to be subject to final
approval by Pag-IBIG Fund’s approving authorities.
For your consideration. Thank you.

Very truly yours,

___________________________
Signature over Printed Name of
the Applicant
With Consent from:

___________________________
Signature over Printed Name of
Principal Borrower
Note: If the housing loan account is to be settled by successor-in-interest, the principal borrower shall sign on the “With consent from”
portion of this Letter of Intent.

THIS FORM MAY BE REPRODUCED. NOT FOR SALE.

HQP-HLF-201
(V01, 07/2017)
APPLICANT DETAILS
Last Name

First Name

Name Extension

Middle Name

Maiden Name

(e.g. Jr., III)

Relation to Borrower

Pag-IBIG MID NO.

PERMANENT HOME ADDRESS
Unit/Room No., Floor

Building Name

DATE OF BIRTH

(for Heir/Successor-in-Interest)

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

Street Name
SSS/GSIS ID NO.

Subdivision

Barangay

Municipality/City

Province and State Country (if abroad)

ZIP Code
TAXPAYERS IDENTIFICATION NO. (TIN)

PRESENT HOME ADDRESS
Unit/Room No., Floor

Building Name

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

Street Name

CONTACT DETAILS
(Indicate country code if abroad)
Subdivision

Barangay

Municipality/City

Province and State Country (if abroad)

ZIP Code

COUNTRY + AREA CODE TELEPHONE
NO.

Home Tel. No.
EMPLOYER/BUSINESS NAME
Cellphone No.
EMPLOYER/BUSINESS ADDRESS
Unit/Room No., Floor

Building Name

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

Street Name

Employer/Business Tel. No.
Subdivision

Barangay

Municipality/City

Province and State Country (if abroad)

ZIP Code

Email Address
MEMBERSHIP CATEGORY (details for settlement through housing loan only)

Voluntary (Employed)
 Employed Foreign

Mandatory
 Employed Private
 Employed Government
 Overseas Filipino

Government
 Barangay
Official/Employee

Worker

 Self-Employed (SE)

Voluntary (Individual Payor)
 Non-Working Spouse
 Member of Religious Group
 Pensioner/Investor/Lessor
 Member of Cooperative/Union
 Others _________________

Repricing
Period
 03
 05
 10
 15

 20
 25
 30

PREFERRED MAILING ADDRESS
 Present Home Address
 Employer/Business Address
 Permanent Home Address

THIS PORTION IS FOR PAG-IBIG FUND USE ONLY
Account Type :

 MCR

 MCR under Foreclosure

 SCR

 Account has undergone the full cycle of remediation activities (for SCR/MCR).

 YES

 NO  N/A

 No pending legal case against the Fund relative to foreclosure of REM/cancellation of CTS/DCS.

 YES

 NO  N/A

 No filed legal case against the Fund relative to foreclosure/CTS/DCS cancellation that has been decided in favor of the Fund.

 YES

 NO  N/A

 Borrower/Heir/Successor-In-Interest has not yet availed of NPARP.

 YES

 NO  N/A

 For MCR under foreclosure, if already offered in auction sale, the Fund is the Winning Bidder and COS is not yet registered.

 YES

 NO  N/A

 For SCR Accounts:
o Account has not been subject of NOB due to Breach of Warranty due to fraud on loan documentation & misrepresentation.

 YES

 NO  N/A

 YES

 NO  N/A

o At least with single payment after the takeout date of the original loan or after loan restructuring date.

 YES

 NO  N/A

o Active Pag-IBIG Member

 YES

 NO  N/A

o CTS/DCS not yet cancelled.
 For settlement through housing loan:

Received and verified by:

Date:

Time:

THIS FORM MAY BE REPRODUCED. NOT FOR SALE.