Start your future overseas with our OFW Loan!
Take control of your dreams with our hassle-free OFW Loan!
Lenderly offers a unique opportunity for Filipinos aiming to work overseas! We’re here to support your dreams with transparent and fair rates that keep your financial goals on track.
We’ve also made applying easier than ever with our fully online process, where you can apply online in just 3 simple steps!
At Lenderly, we prioritize your convenience with transparent rates and 24/7 access to your account, wherever you are. We’ve designed our portal to put you in control of your loan application every step of the way.
No hassle, just fast and flexible loans tailored to your needs!
Qualifications and Requirements for OFW Loan
Ready to take the next step in your overseas journey?
Here’s everything you need to know about qualifying for Lenderly’s OFW Loan. Below is a checklist of the criteria and documents you’ll need to prepare to ensure a smooth and easy application process.
Meeting these requirements helps us provide you with fast loan approval so you can focus on your journey abroad.
- 21-60 Years of Age
- First Time Overseas Employment or Balik-Manggagawa
- Minimum Monthly Salary of PHP50,000
- Completed Lenderly Loan Application Form
- Photocopy of Passport
- Valid Working Visa
- Overseas Employment Certificate (OEC)
- Signed Employment Contract
- Latest Utility Bill
- Valid Government-Issued ID
- Copy of Airline Ticket (*required upon disbursement)
General Requirements:
- 18–65 years of age
- Valid government-issued ID
- Proof of relationship to borrower
- Latest utility bill
- Proof of remittance
- Proof of income (any of the following):
- Company ID
- Recent payslips
- Certificate of Employment (COE)
- Business documents
Important Notes:
- Only applications with qualified co-borrowers (with valid proof of income) will be processed.
- This policy takes effect immediately and will remain until further notice.
- Lenderly Finance Corp. may review this policy once previous loans (without proof-of-income co-borrowers) show good repayment standing.
Special Rule:
-
If the 1st co-maker (first-degree family) has no proof of income, the borrower must provide a 2nd co-maker, regardless of relationship (friend, etc.).
Requirements for the 2nd Co-Maker:
- One (1) valid ID with full address
- Barangay Certificate
- If not available: submit proof of billing OR a second valid ID with complete address