Pag-IBIG Housing Loan for Minimum-Wage Earners – List of Qualifications in Applying

Guide on Pag-IBIG Housing Loan Offer for Minimum-Wage Earners

PAG-IBIG HOUSING LOAN – Here is a guide on the qualifications in applying for the housing loan offer of Pag-IBIG for minimum wage earners.

One of the biggest pursuits of most people is to acquire a residential property. It can be a house and lot, a townhouse, an apartment, or to start with a residential lot where one can build his or her dream house. However, not everyone has achieved the pursuit the soonest time because of financial situations.

For those who are members of the Pag-IBIG Fund, a government agency that has several offers that can help its members acquire affordable residential properties, you have something to turn to. If you are not a member and you want to be one, you may apply and start with your savings or monthly contribution.

The monthly contributions to Pag-IBIG Fund, if it accumulates, can qualify you to several offers of the government agency. Are you a minimum wage earner who wants to get your family a house of your own?

You may turn to Pag-IBIG Fund’s Affordable Housing Program (AHP). Under this offer, you may enjoy low monthly installments which may only be a small cut on your earnings every month. Thus, the other fields in your budgeting won’t be compromised.

You are surely wondering about the qualifications in applying for this Pag-IBIG Housing Loan offer. To be qualified to apply for it, the member-applicant must be:

• an active member of Pag-IBIG Fund with at least 24 monthly savings
• 65 years old or below at the date of the loan application and not more than 70 years old at the date of the loan maturity
• having a legal capacity to acquire and encumber a real property
• having no Pag-IBIG housing loan foreclosed, cancelled, bought back, voluntarily surrendered
• updated IN CASE you have an existing Pag-IBIG Housing account or Short Term Loan (STL)

There are documentary requirements needed to be submitted to Pag-IBIG Fund in applying for this loan offer. You may visit – LIST: Requirements for Pag-IBIG Affordable Housing Loan Program.