Direct Housing Loan Facility for OFWs

 

The Direct Housing Loan Facility for Overseas Filipino Workers (OFW) is designed to support the Government's shelter program, which aims to provide socialized and low-cost housing to overseas Filipino contract workers.

An OFW is a private sector worker who is:

  1. Currently deployed with a contract processed through the POEA or authenticated by the Embassy abroad
  2. With employment contracts which are awaiting renewal/deployment; however, release of loan shall be made upon renewal/employment
  3. A Filipino national but who is now a citizen or immigrant of a foreign countries but is interested in buying a housing unit for his family who is still in the country
  4. A long-term resident overseas Filipinos who wish to avail of housing packages either for themselves when they retire or when they visit the Philippines and/or for their extended families