Guide on Pag-IBIG Heal Cash Loan 2025 Features & Application
PAG-IBIG HEAL CASH LOAN 2025 – You might have heard about the Home Equity Appreciation Loan offer of the Pag-IBIG Fund and wish to know more about it.
In the Philippines, millions of people are members of the Pag-IBIG Fund. This state-run entity is operating in the country since 1978 and is known for its loan offers that attend to different situations. Are you excited to achieve your goals with the help of its loan offers?
The Pag-IBIG Fund has several loans that members may apply for. Undeniably, it is most popular for its Housing Loan that members may apply for to finance any of the following:
- real estate property acquisition (vacant residential lot, house and lot, bungalow unit, apartment, condominium unit)
- house construction
- home renovation
- existing home loan take-out
- combined loan purposes
Good payers of the Pag-IBIG Housing Loan who have paid for at least five (5) years already may apply for the Pag-IBIG Home Equity Appreciation Loan or also known as the Pag-IBIG HEAL cash loan offer. Not many members of the Fund actually know that this can be the way to achieve your other goals in life while paying for a Housing Loan.
Under the Pag-IBIG HEAL cash loan offer, you can maximize the value of your property and use the amount in buying a car, expanding your business, traveling, etc. You may apply for the loan offer to fund any of the following, too:
- fund a home improvement project
- additional working capital for business
- capital for livelihood
- pay educational fees
- cope with health and wellness expenses
- purchase appliances / furniture / electronic gadgets
- pay utility bills
- travel expenses
- other life goals
There are only a few qualifications under the Pag-IBIG HEAL cash loan offer. To be eligible to apply for the loan offer, the member-borrower should meet the following Pag-IBIG HEAL cash loan qualifications:
- an active member, or with at least one (1) monthly membership savings within the last six (6) months
- not more than sixty-five (65) years old at the date of application and not more than seventy (70) years old at loan maturity
- having the legal capacity to acquire and encumber real property, whenever applicable
- having an existing Pag-IBIG Housing Loan that has been approved or taken out for at least five (5) years as of date of application
- The existing housing loan/installment account/s must have been paid regularly and on time, within the last twelve (12) months immediately prior to the date of application. This applies whether the borrower is a principal borrower/buyer or co-borrower of the loan.
- have passed the satisfactory background/credit and employment/business check of the Pag-IBIG Fund
- have no outstanding Pag-IBIG Short-Term Loan (STL) in arrears at the time of application. If STL is in arrears, it must be updated first.
The borrowing amount under the Pag-IBIG HEAL cash loan offer depends on the “net value” of your property which is under the Housing Loan of the Fund. The offer is open for locally-employed and self-employed members as well as overseas Filipino workers (OFWs).
There are varying requirements for application. Here is a guide on the documents that you need to prepare depending if you are locally-employed, self-employed, or an OFW member of the Fund: