BALON DAGUPAN DEVELOPMENT PROJECT

SM Hypermarket at SM Center Dagupan already opened last November 29, 2018.

The investment and development board of Dagupan City headed by Mayor Belen Fernandez welcome SM Hypermart and all investors to Dagupan City with SM Executives:

SVP Operations Arnold Daluz 

AVP Marketing of Hypermarket Ms Francine

Dagupan Branch Head Lou Rafanan AVP North Engr Marc Janssen Pe

SM Rosales Mall Manager Abe Malicdem also present is Archbishop Socrates Villegas.

Another mall is being constructed in Barangay Tambac near Almeria Verde, located  east of the city. SM City Dagupan is estimated to finished before 2019.

Dagupan is now being groomed as one of the Smart Cities in the Philippines in the coming years due to its' big economic potentials as site for IT, BPO, and other allied industries.

This infrastructure will create more jobs, attractions and market to Dagupeños and nearby towns, a good and fair competition to mall owners and more choices for the people of Pangasinan. 

How to Apply for PAG-IBIG Housing Loan?

Do you want to get a PAG-BIG HOUSING LOAN?

Here’s everything to know about the documentary requirements you must submit to have your PAG-ibig home loan application processed.

Good news for members: PAG-IBIG has recently simplified the application steps and reduced the application requirements to make it easier for you to get a PAG-IBIG home loan!

Uses of a PAG-IBIG Housing Loan

• ·         To buy a brand-new house and lot or other newly constructed property;
• ·         To purchase an existing residential house and lot, townhouse, or condominium unit;
• ·         To buy a fully developed residential lot or adjoining lots not exceeding 1,000 square meters;
• ·         To acquire a property currently mortgaged with PagIBIG;
• ·         To buy a foreclosed property now acquired by PagIBIG;
• ·         To spend on home improvements or to construct a residential unit on a lot owned by the member;
• ·         To transfer an existing housing loan from another bank or financial institution (i.e., to refinance an existing housing loan)

Who are eligible to apply for a Pag-IBIG housing loan?

Filipinos who satisfy the following requirements may avail of a Pag-IBIG housing loan:

• ·         Must have remitted 24 monthly Pag IBIG contributions. New members or those who have not paid the 24 monthly contributions may pay total contributions in lump sum;
• ·         Has no outstanding Pag-IBIG housing loan;
• ·         Has no outstanding multi-purpose loan in arrears.

    What are the Application Requirements?

Here are the documents you need to prepare and submit to avail of a PAG IBIG Housing Loan.

I. Requirements when submitting a Loan Application

1. Pag IBIG Housing Loan Application (you may get this from PAG IBIG);
2. ID photo of borrower and co-borrower (if applicable), to be attached to the application form;
3. Photocopy of one (1) valid ID (back-to-back) of Principal Borrower and Spouse, Co-Borrower and Spouse, Seller and Spouse and Developer’s Authorized Representative and Attorney-In-Fact, if applicable;
4. Certified True Copy of Transfer Certificate of Title (TCT) of the property. For Condo Units, present TCT of the land and Certified True Copy of the Condominium Certificate of Title (CCT);
5. Latest Tax Declaration of the property;
6. Photocopy of latest receipt for Real Estate Tax (Amilyar);
7. Contract-to-Sell or similar agreement between the buyer and seller;
8. Vicinity Map/Sketch of the Property
9. Proof of Income of the borrower (see more details below)

II. Proof of Income of the Borrower

A. If you are employed in the Philippines, any of the following may be submitted as Proof of Income:

1. Notarized Certificate of Employment and Compensation (CEC), indicating the gross monthly income and monthly allowances or monthly monetary benefits received by the employee;
2. Latest Income Tax Return (ITR) for the year immediately preceding the date of loan application, with attached BIR Form No. 2316, stamped received by the BIR;
3. Certified One (1) Month Payslip, within the last three (3) months prior to date of loan application

For government employees, the Certified One (1) Month Payslip within the last three (3) months prior to date of loan application, must be submitted together with CEC or ITR.

B. If you are self-employed in the Philippines, any of the following documents are accepted as Proof of Income:

1. Income Tax Return (ITR), Audited Financial Statements, and Official Receipt of tax payment from bank supported with DTI Registration and Mayor’s Permit/Business Permit;
2. Commission Vouchers reflecting the issuer’s name and contact details (for the last 12 months);
3. Bank Statements or passbook for the last 12 months (in case income is sourced from foreign remittances, pensions, etc.);
4. Copy of Lease Contract and Tax Declaration (if income is derived from rental payments);
5. Certified True Copy of Transport Franchise issued by appropriate government agency (LGU for tricycles, LTFRB for other PUVs);
6. Certificate of Engagement issued by owner of business;
7. Other document that would validate source of income

C. If you are an Overseas Filipino Worker (OFW), you must submit any of the following Proof of Income:

1. Employment Contract between the employee and employer or POEA Standard Contract;
2. Certificate of Employment and Compensation (CEC) written on the Employer/Company’s official letterhead or CEC signed by employer (for household staff and similarly situated employees) supported by a photocopy of the employer’s ID or passport;
3. Income Tax Return filed with Host Country/Government
4. If any of the above documents are in foreign language/s, English translation of the document is required.

III. Application Processing Fee

PagIBIG housing loan applicants also need to pay the following processing fee:

• P1,000 upon filing and submission of the housing loan application with required documents. Take note, this amount is non-refundable.
• P2,000 appraisal fee, also to be paid upon filing of loan application. Again, this payment is non-refundable.
• P2,000 to be deducted from the loan proceeds, once the loan is approved and ready for release.

IV. Requirements upon Loan Approval and Prior to Release of Loan Amount

1. TCT/CCT in the name of the borrower/co-borrower/s (if applicable) with proper mortgage annotation in favor of Pag-IBIG Fund (Owner’s Duplicate Copy);
2. TCT/CCT in the name of the borrower/co-borrower/s (if applicable) (Certified True Copy) with proper mortgage annotation in favor of Pag-IBIG Fund (RD’s copy);
3. Updated Tax Declaration (House and Lot) and Updated Real Estate Tax Receipt (Photocopy) in the name of the borrower/co-borrower/s, if applicable;

Loan Mortgage Documents, including:

• a. Loan and Mortgage Agreement duly registered with Registry of Deeds with original RD stamp;
• b. Deed of Absolute Sale duly registered with Registry of Deeds with original RD stamp;
• c. Duly accomplished/notarized Promissory Note; and
• d. Disclosure Statement on Loan Transaction.

V. Additional Requirements (only if applicable)

•  

ALMERIA VERDE DAGUPAN CITY

Pangasinan Residential Subdivision Lot For Sale in Almeria Verde Bolosan 

A lavish community; nailed with a cool sea breeze and a green topography. Almeria Verde, a modern-day Mesopotamia raised in the fertile soil of Dagupan that is surrounded by the clean Bayaos River. Master planned to complement your standard of enthusiastic lifestyle while meeting the calmness of an urban neighborhood. 

Located at a booming business center

About a Four hours-travel from Metro Manila. Almeria Verde is strategically located at Bolosan District, Dagupan City, Pangasinan; a centuries-old Spanish settlement that served as a prime trading district in Northern Luzon. Literally means “A place where people meet”; Dagupan is not only known for its fishing industry; it is likewise dominated by commercial, educational, medical and entertainment facilities today.

Proximity to major establishments

A flagship and deluxe residential subdivision of Sta. Lucia Land and is few minutes away from major neighboring establishments such as PIMSAT University, NEPO Mall, Dagupan Cathedral, China Bank Dagupan, BPI Dagupan, Doctor Villaflor Memorial Hospital, Dagupan City Hall and Dagupan City Water District and Training Center.

Features and Amenities

• Entrance gate and guardhouse
• Clubhouse
• Basketball court
• Swimming pool
• Children’s playground
• Landscaped open spaces
• Concrete road network
• Concrete sidewalks, curbs and gutters
• Electrical power
• Centralized water system
• Underground drainage system

For more info please contact yours truly at +639168613585 or email me at juliesoriano1premiereland@gmail.com

LOT ONLY AND HOUSE AND LOT FOR SALE

A lavish community; nailed with a cool sea breeze and a green topography. Almeria Verde, a modern-day Mesopotamia raised in the fertile soil of Dagupan that is surrounded by the clean Bayaos River. Masterplanned to complement your standard of enthusiastic lifestyle while meeting the calmness of an urban.For more info, site viewing please contact Julie Soriano at +639168613585.