Pag-IBIG Housing Loan – How Much Is the Required Income Based on Target Property

Guide on Pag-IBIG Housing Loan Required Income Based on Property

PAG-IBIG HOUSING LOAN – Here is a guide on how much is the required income in applying for this Pag-IBIG Fund loan offer based on the target property.

One of the biggest government agencies in the Philippines is Pag-IBIG Fund. It is initially and mainly known for its services to help its member acquire affordable residential properties.

The state-run agency has set a few qualifications in applying for its housing loan offer. To be eligible to apply for it, the member-applicant must be:

• an active member with at least 24 monthly savings
• not more than 65 years old at the date of the loan application and not more than 70 years old upon the loan maturity
• fully-able to acquire a residential property
• having no foreclosed, cancelled, bought back, or voluntarily surrendered housing loan account

The Pag-IBIG Fund has opened its loan offer for several purposes. You may apply for it for any of the following:

• purchase of a residential lot
• purchase of a townhouse
• purchase of a condominium unit
• house construction
• home renovation
• housing loan refinancing

Do you want to know how much you can borrow under this loan offer? Feel free to visit – Pag-IBIG Housing Loan – How Much You Can Borrow Based On Your Income.

The Pag-IBIG Housing Loan offer is a great help most especially for minimum-wage earner. To check on the required income in applying for it depending on your target property, you may check it on – www.pagibigfund.gov.ph.

Amid the COVID-19 pandemic now, online applications for loans were made available. To apply for this loan offer online, you may visit – PAG-IBIG HOUSING LOAN – How To Apply For This Loan Offer Online.

Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.

READ ALSO: PAG-IBIG FUND LOANS – Full List of Loans Offered By Pag-IBIG Fund