Guide on 4PH Program Pag-IBIG Fund Members May Apply For
4PH PROGRAM – The members of the Pag-IBIG Fund now has another option through the “Pambansang Pabahay Para sa Pilipino Program”.
One of the biggest dreams that countless people share is to have a house. However, undeniably, it is also one of the biggest challenges because a residential property do not fall below thousands with regards to the costs. Meanwhile, there are programs that you may turn to.
Are you a member of the Pag-IBIG Fund? Aside from the Regular Housing Loan offer of the Fund, you may qualify for the Pambansang Pabahay Para sa Pilipino Program, a program of the Department of Human Settlements and Urban Development (DHSUD) that qualified Pag-IBIG members may apply for.
More popularly called the 4PH Program, the Pambansang Pabahay Para sa Pilipino Program has several benefits such as the following:
- affordable housing units because of the Price Subsidy
- affordable monthly payments because of the Interest Subsidy
- low monthly contribution for low-income earners through the Amortization Subsidy of the local government units (LGUs)
- comfortable residential property with complete amenities and location that is close to your work and the transport hubs
The 4PH Program is open not only for locally-employed and self-employed members of the Pag-IBIG Fund but as well as overseas Filipino workers (OFWs). Their are varying qualifications and documents required for application.