Guide on the Pag-IBIG Housing Loan & SSS Housing Loan Offers Features
PAG-IBIG HOUSING LOAN VS. SSS HOUSING LOAN – Let us tackle the differences between the two housing loan offers of government institutions.
One of the best purchases a person can make is buying a house. Having a house of your own means house rules of your own as well as a sense of security for you and your family that you always have a place to go home to — your comfort place with loved ones which you can feel with happy memories.
However, truth be told that not everyone is financially ready to buy a house or even a lot where the dream house can be built. Others want a ready-for-occupancy bungalow house and lot whole some want a townhouse or a condominium unit.
In your case, what do you want? While a residential property purchase requires a huge amount, Filipinos who are members of the different government institutions in the country have the offers that they can turn to. Among these are the following:
- Pag-IBIG Housing Loan by the Pag-IBIG Fund
- SSS Housing Loan by the Social Security System
The Housing Loan offers of the Fund and the Social Security System have different features. Thus, it is best to know their features as they have major differences with regards to their purpose coverage.
Millions of Filipinos are members of the Pag-IBIG Fund and the Social Security System. In fact, many of these are members of both government institutions thus a lot of people have access to both loan offers.
Let us check the important features and details about the Pag-IBIG Housing Loan offer and the SSS Housing Loan to determine which of the offers best suits your need. They differ among the following factors:
- purposes
- qualifications for application
- loanable amounts
- interest
- loan terms
- documentary requirements
