Pag-IBIG Housing Loan for Construction: Minimum & Maximum Loanable Amounts

Guide on Pag-IBIG Housing Loan for Construction – How Much You May Borrow

PAG-IBIG HOUSING LOAN FOR CONSTRUCTION – Provided below is a manual outlining of the allowable borrowing amount for this loan offer from the Pag-IBIG Fund.

Thousands of Filipinos in the country have been the recipient of the Housing Loan offer of the Pag-IBIG Fund. Their loan offer is available for various purposes, including funding the purchase of a residential property, constructing a house, renovating a home, and taking out a home loan.

Both employed and self-employed members of the Pag-IBIG Fund may qualify for its loan offers. In this article, we will discuss the Pag-IBIG Housing Loan for construction.

Pag-IBIG Housing Loan for Construction
Photo Credit: PTV News

You may apply for the Pag-IBIG Housing Loan for construction to get assistance in building your dream house whether on a lot you own or a family member’s lot but with permission.


The borrower is required to meet the eligibility criteria established by the government agency. The approval of all loan applications is dependent on the government agency’s evaluation and decision.

Who is eligible to apply for this loan offer from Pag-IBIG Fund? In order to qualify for the mentioned loan offer, the member-borrower must meet the following criteria:

  • an active member of the Pag-IBIG Fund with at least 24-month savings
  • not more than 65 years old upon the loan application and not more than 70 years old upon the loan maturity
  • having a legal capacity to acquire a real property
  • having no Pag-IBIG housing loan foreclosed, bought back, cancelled, or voluntarily surrendered

On the allowable borrowing amount under the Pag-IBIG Housing Loan for Construction, the highest amount that the government agency can lend is P6 million.

With regards to how much you may borrow under the Pag-IBIG House Construction Loan, the maximum loanable amount is P6 million. However, the government agency takes into account certain factors. These factors encompass the member-borrower’s income and the required amount for construction.

In order to apply for the loan offer provided by Pag-IBIG Fund, certain documents are required. To verify the necessary documentation for the loan application, it is recommended to consult the list of required documents, you may visit – Requirements for Pag-IBIG House Construction Loan Application.

The loan processing duration typically spans approximately 20 days, during which the Fund will finalize and release the outcome of the application.

Leave a Comment