Guide on Pag-IBIG Housing Loan 2025 Features & Application
PAG-IBIG HOUSING LOAN 2025 – The Fund provides a helping hand for members who want to achieve their dream house the soonest time possible.
Are you one of the members of the Pag-IBIG Fund who are still renting a house now? You can actually take your first step towards your much-awaited dream house. The Fund has a loan offer that won’t make the dream a huge burden that you must pay for every month.
Aside from the Pag-IBIG Calamity Loan offer, the Fund which is one of the biggest state entities in the Philippines also has the Housing Loan offer that is packed with several excellent features. It is also open for several financial purposes related to residential property acquisitions.
The Housing Loan offer of the Pag-IBIG Fund is ready to finance the purchase of a vacant lot or another residential property like a house and lot, a townhouse, or a condominium unit. A qualified member may also apply for it for the financing of a house construction or home renovation.
In fact, the Fund also caters a combination of two (2) loan purposes under a single loan account such as the financing of a residential lot purchase and a house construction in the said property. Countless Filipinos now live under the roof they can call their own because of the loan offer.
Who are qualified to apply for the Pag-IBIG Housing Loan? It is open for members who have posted at least 24 months of contributions and at least 21 years old at the time of the loan application but no older than 65 years old.
According to the Fund, the maximum loan term under the offer is 30 years, thus, there is really a way if you want low monthly amortizations. However, the loan must be paid off before the borrower-applicant turns 70 years old. Thus, the loan term options are dependent on the age of the member-borrower at the time of the loan application.
With regards to the loanable amount under the Pag-IBIG Housing Loan offer, they vary depending on certain factors such as the borrowing capacity of the member, the value of the residential property to be financed or used as collateral, and several other factors.
The interest rate under the Housing Loan offer of the Pag-IBIG Fund is also dependent on the loan term. Meanwhile, the loan offer surely provides a wide variety of options for member-borrowers.
In applying for the loan offer, it is important to prepare ALL the documents that the Pag-IBIG Fund requires for application depending on the loan application purpose. Here is a guide on the requirements that you need to prepare and submit to the Fund:
Aside from the said loan offer, the Fund also has the Multi-Purpose Loan loan offer or also called the Pag-IBIG Cash Loan offer.