SSS OFW Loan Benefits Requirements – Application and Procedures

How to apply for SSS Loan for OFW? What are the requirements and the step-by-step procedures in applying for SSS OFW loans such as salary loans, cash loans, and housing loans?

We are sharing here the most common type of loan overseas Filipino workers apply, housing loan.

To avail of an SSS loan, the applicant must be an active SSS member and meet the specific requirements given by the Social Security System.

Per SSS requirements, you are an OFW if you are in a private sector and you meet the following criteria:

SSS Loan Requirements for OFW:

  • Currently deployed with a contract processed through the POEA or authenticated by the Embassy abroad
  • With employment contracts which are awaiting renewal/deployment; however, release of loan shall be made upon renewal/employment
  • 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
  • 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

SSS Loan Benefits for OFW Members:

As an OFW and as an active SSS member, you are entitled to SSS benefits. To check out the complete list of benefits, you can go to this page: List of SSS Benefits.”

One of them is the availability of housing loans. If you have been working abroad and have saved some money, but it is not yet enough to construct your dream house, do not fret because you can apply for an SSS housing loan.

sss ofw loan benefits requirements application guide

SSS has launched a particular program for OFWs catering to Housing Loan. This program is called Direct Housing Loan Facility for OFWs.

It is beneficial and worthy to OFWs because it allows a maximum loanable amount of 2,000,000. Two million pesos is indeed very helpful in constructing a new house.

It is every person’s dream to have that house, not only OFW’s. The good thing about this is that the interest rate is lower than some major banks’ interest rates.

While well-known banks usually approve SSS OFW loan benefits quickly, it is wiser to apply at the SSS office first to avail of lower interest rates.

Check out the complete details on this page: How to Apply for SSS OFW Housing Loan

Fehl is the founder of Philpad. She has a degree in Accountancy and a background in Finance. She is a licensed Career Service Professional and author of a poetry book at Barnes & Noble. In her spare time, she likes to travel and vlog.

11 thoughts on “SSS OFW Loan Benefits Requirements – Application and Procedures”

  1. I believe the Pensioners Loan is now being implemented only at the Main Diliman SSS Office, is my information accurate that we can now avail the Pensioners Loan ? Kindly confirm ! many thanks and more power . . .

  2. Hi, good day..ask ko lng po kong pwide ba maka avail ng housing loan pro ung land na patatayuan ko is not under my name sa parents ko po…dto ako sa malaysia more than 5 years same employer..thank you sa tutugon ng message ko.

  3. Good day! Pano po ba kelangan gawin para mag register sa sss online, their asking for these questions:

    Savings Account Number / Citibank Cash Card / UBP Quick Card / UMID – ATM Saving Account Number Registered in SSS
    Mobile Number Registered in SSS
    Employer ID Number / Household Employer ID Number
    Payment Reference Number / SBR No. / Payment Receipt Transaction Number

    I’m not sure if i have any of these na naka register sa sss, Please help. Thanks in advance.

  4. Hi,

    What are the requirements for calamity loan living in Leyte?
    I am currently residing in Manila but my permenant address and my relatives are in Leyte.

  5. Hi, Good Day!

    Ask ko lang po, if possible na mag avail ng SSS loan kahit nasa abroad po. They can still process it

  6. Mam,greetings how many day’s or week to approved a qualify OFW salary loans?and if its approved but im not around already in philippines what are the other options to get the loan!thank you

  7. Greetings!

    I am an OFW Balikbayan working in Dubai.
    At this moment I am in the vacation in Philippines.
    Is it possible to apply an OFW Loan?
    Kindly advice if I am qualified.

    Thank you very much!


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