HLF409 ConformityNewSubsequentHousingAvailment V03 PDF
HLF409 ConformityNewSubsequentHousingAvailment V03 PDF
HLF409 ConformityNewSubsequentHousingAvailment V03 PDF
HQP-HLF-409
(V03, 08/2021)
Pag-IBIG Fund
(Home Development Mutual Fund)
__________________
Date
Dear Sir/Madam:
In this regard, I/we hereby consent and conform with the following cross-default
provisions of Mr./Mrs. ________________________ new/subsequent housing loan
availment which we understand will affect our existing housing account:
1. The cross-default policy stipulates that, should any of his/her housing account
becomes in default; our housing loan accounts shall also be considered in
default.
2. At point of default, the outstanding loan obligation, which includes the principal,
accrued interest, penalties, fees and other obligations under our existing housing
loan accounts, shall become immediately due and demandable.
3. If we fail to pay the total outstanding loan obligation, we shall not be allowed to
avail of additional housing loan under any of the Pag-IBIG housing programs.
5. Pag-IBIG Fund may avail of other remedies provided by law and existing
agreements.
_____________________________
Signature of Principal Borrower/
Buyer Over Printed Name
_____________________________
Signature of Co-Borrower/Buyer
Over Printed Name
_____________________________
Signature of Co-Borrower/Buyer
Over Printed Name