Guide on Pag-IBIG Heal Loan Loanable Amount
PAG-IBIG HEAL LOAN – Are you wondering how much you may borrow under the Pag-IBIG Home Equity Appreciation Loan loan offer?
Memberships to government agencies can really be a big help. In times of financial emergencies, you have something to turn to if you are a member of at least one government agency. Most working Filipinos are a member of at least two (2) agencies.
One of the biggest government agencies in the country is Pag-IBIG Fund. In full, it stands for “Pagtutulungan sa Kinabukasan: Ikaw, Bangko, Industria at Gobyerno”. It is mainly known for its services that help its members acquire affordable housing.
Through the years, Pag-IBIG Fund has expanded its offers. It has a variety of loan offers now including those that provide assistance to pave the way for the accomplishment of personal purposes and those that can attend to calamities or situations of in dire financial needs.
With regards to multi-purpose offers, one of those that are up for members who have housing loans is the Pag-IBIG Home Equity Loan or Pag-IBIG Heal Loan. You may apply for it for any of the following purposes:
- 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
How much you may borrow under Pag-IBIG Heal Loan? According to the government agency, a qualified member-applicant may borrow an amount “based on the net value” of the home. The public agency assures low interest rates.
There are eligibility and documentary requirements in applying for this loan offer. To check if you are qualified, you may visit – Pag-IBIG Heal Loan: Who Are Qualified To Apply for It.
With regards to the documentary requirements, to check on the list, you may visit – Requirements for Pag-IBIG Heal Loan: List of What You Must Prepare.