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Pag-IBIG Home Loan Restructuring Program – List of Offers Under It

Guide on Pag-IBIG Home Loan Restructuring Program Coverage

PAG-IBIG HOME LOAN RESTRUCTURING PROGRAM – Here is a list of the offers under this Pag-IBIG Fund program.

One of the government agencies mainly known for its housing loan offers is Pag-IBIG Fund. It aims to help its members achieve affordable housing options.

A huge part of the populace is a member of the said government agency. In fact, many Filipino families achieved a comfortable residential property with the help of the said state-run institution.

However, amid the COVID-19 pandemic, many people are surely struggling to make ends meet. A lot of individuals also lost their jobs as many businesses closed after incurring only expenses with no income for several months.

Pag-IBIG Home Loan Restructuring Program

Some of these people who lost their job amid the COVID-19 crisis do not only struggle on putting food on the table daily. Some of them have existing loans to pay monthly.

To help ease the burden of their member-borrowers, Pag-IBIG Fund is offering a Home Loan Restructuring Program. It is in support of the efforts of the Duterte Administration “in helping Filipino” amid the crisis, Secretary Eduardo del Rosario said.

There are several options under the Pag-IBIG Home Loan Restructuring Program. Here is a list of the offers under it:

  • lower monthly payments through:
    • loan extension
    • spreading the settlement of unpaid dues
  • waive penalties on arrears
  • resumption of payment under restructured loans by as late as March 2021

To apply for the said loan offer, you can do it through the Virtual Pag-IBIG. You may visit – www.pagibigfund.gov.ph.

Thank you for visiting our website. We hope we have helped you with regards to this savings program offered by the Pag-IBIG Fund. You may keep coming back for more informative guides and you may also visit other articles published in this website.

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

{ 5 comments… add one }
  • Levi P. Baldonado October 27, 2020, 9:48 am

    What are the requirement for lowering the payment of housing loan?

  • Ruthdonato October 27, 2020, 10:06 am

    Notify me of follow-up comments by email

  • Charito N. Buncag October 27, 2020, 10:06 am

    Can I renew my loan in PAG-IBIG? Thank you.

  • Mary Jane B Llemit October 27, 2020, 10:16 am

    Avail po ako calamity loan

  • Melinda lynch Mendoza October 27, 2020, 11:01 am

    Baka pyede nyo kami ma reconstruction lian namin sa bahay o ma intransfer sa anak namin ng work

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