Assumption of Mortgage

  1. Eligible Borrowers

    The principal applicant must have the following qualifications:

    1. The borrower must be a member of SSS who has at least 36 months contribution and 24 continuous contributions in a period prior to application
    2. Is not more than 60 years old at the time of application.
    3. He was not previously granted an SSS housing loan
    4. He has not been granted final SSS benefits
    5. Borrower and spouse is current in the payment of their other SSS loan(s), if any