Guide on Pag-IBIG Housing Loan Loanable Amount for Minimum-Wage Earner Members
PAG-IBIG HOUSING LOAN – Here is a guide on how much a minimum-wage earner member of Pag-IBIG Fund may borrow under this loan.
Among the most common dreams of many people are to be able to acquire a house and buy a car. However, these are two (2) of the biggest pursuits anyone can have and, without memberships or acquiring loans, it may take a while to achieve if you only have a single source of income.
Meanwhile, for those who have memberships with certain government agencies like the Pag-IBIG Fund, you have something to turn to that can help you achieve your biggest dreams.
With regards to the offers of Pag-IBIG Fund, the government agency can help its members acquire affordable housing or residential properties. It has an offer for minimum-wage earner members.
The housing loan offer is open for several purposes. You may apply for it to purchase a residential property, to fund a house construction, for home improvement, to refinance an existing house loan, or to combine any of these loan purposes.
The Pag-IBIG housing loan for minimum-wage earner members boasts with low interest rates. With regards to the loanable amounts, the government agency stated that minimum wage earner members may borrow up to P6 million under this loan offer.
Like in its other loan offers, the government agency has set qualifications for the housing loan offer. To check if you are eligible to apply for it, you may visit – Pag-IBIG Housing Loan for Minimum-Wage Earners – List of Qualifications in Applying.
Aside from the eligibility requirements, there are documents that you must prepare in applying for this loan offer and submit to Pag-IBIG Fund. To check on what would be needed, you may visit – LIST: Requirements for Pag-IBIG Affordable Housing Loan Program.