OFW MIGRANT LOAN

OFW Migrant Loan For Filipinos Currently Working Abroad

OFW MIGRANT LOAN or Pinoy Abroad Loan is designed for Filipino Overseas Workers that are currently outside the Philippines. OFWs who are presently working abroad can avail of this loan for any purpose like for emergency purposes, business capital, tuition fee, home improvement and for medical expenses.  The loan proceeds will be claimed by a qualified co-borrower (spouse, parent, sibling or kid) in behalf of the OFW (principal applicant/borrower) in any of our branches nationwide here in the Philippines

Are you here in the Philippines or are you planning to have your vacation in less than five (5) months? Please see OFW LOAN on this page.

 

OFW Migrant Loan by Quickloanprovider.com 

 

WHO CAN APPLY FOR OFW MIGRANT LOAN?

• Filipino Overseas Workers with valid contracts

• Technical or Professional Jobs

• Minimum basic salary on the contract equivalent to at least P40,000

• OFWs who are presently working abroad/still outside the Philippines

• Must have a Co-borrower

NOTE: OFWs with a basic salary less than Php 40,000 can avail OFW LOAN. See the OFW Loan page.

 

OFW MIGRANT LOAN BORROWER REQUIREMENTS:

• Birth Certificate

• Copy of Passport

• Copy of Working VISA

• Latest Contract of Employment

• Latest 2 months copy of remittance receipts

• Latest Photocopy of OEC (POEA Overseas Employment Certificate)

• Passport latest Entry & Exit Stamps of Airport Immigration (Philippines & Abroad)

• Latest Original Electric or Water Bill. If not in the name of the borrower must submit additional Proof Of Residence. (Any documents, Receipts, latest Brgy. Clearance & ID’s under his/her name with current address same as electric or water bill) 

 

OFW MIGRANT LOAN CO-BORROWER REQUIREMENTS:

• Beneficiary/Immediate relative (Spouse, Parent, Sibling, Kid)

• 21-59 years old (Upto 65 kung malakas pa)

• 2 Valid Gov’t IDs

• 2 pcs. 2×2 pictures

• Marriage contract (if married)

• Birth Certificate of kid/s (if LIVE-IN Partner)

• Birth Certificate (if Parent, Brother, Sister, Son or Daughter)

• If living separately with Borrower: Latest Original Electric or Water Bill. If not in the name of the co-borrower, must submit additional Proof Of Residence. (Any documents, latest Brgy. Clearance, Receipts & ID’s under his/her name with current address same as electric or water bill) NO NEED if living in the same house as the OFW Borrower.

 

Terms:  3-12 months to pay

Interest Rate:  1.3% per month, add-on

Loanable Amount:  Up to 500K Depends on salary

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