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Procedure Stage 1: Secure Checklist of Requirement ... - Pag-Ibig

Procedure Stage 1: Secure Checklist of Requirement ... - Pag-Ibig

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STEP 4<br />

<strong>Stage</strong> 4: Release <strong>of</strong> Loan Proceeds<br />

STEP 1<br />

STEP 2<br />

8 minutes<br />

Proceed to the Notary Public for<br />

notarization <strong>of</strong> LMA and PN.<br />

Complete the requirements in the NOA.<br />

Notes:<br />

1. The requirements must be submitted<br />

within 90 days from receipt <strong>of</strong><br />

LOG/NOA.<br />

2. For registration and transfer <strong>of</strong> title,<br />

please refer to Guide on the<br />

Registration and Transfer <strong>of</strong> Title on<br />

page 18 and 19.<br />

Go to the <strong>Pag</strong>-IBIG NCR/Regional Branch.<br />

For NCR, proceed to the Members<br />

Services Support Division-Servicing<br />

Department servicing counter.<br />

For Regional Branch, proceed to the<br />

Housing Loans Division (HLD) servicing<br />

counter.<br />

Submit complete NOA requirements<br />

(depending on loan purpose).<br />

(Refer to page 17 – Documents Required<br />

Prior to Loan Release)<br />

Person Responsible<br />

Mortgage Loans<br />

Specialist<br />

Person Responsible<br />

Mortgage Loans<br />

Specialist<br />

Notes:<br />

1. The Loans Evaluation Division-Evaluation Department/Housing Loans Division-<br />

Regional Branch shall evaluate the documents submitted.<br />

2. The Cash Division-Loans Origination Group/Cash and Administrative Services<br />

Division-Regional Branch shall process the Check.<br />

STEP 3<br />

<strong>Pag</strong>-IBIG Member/<br />

Seller<br />

Receive telephone/cellphone call<br />

regarding Check availability.<br />

Check Release<br />

Controller

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