Pag-IBIG Fund’s Affordable Housing Program

Pag-IBIG Fund makes it possible for minimum-wage and low-income earners to own a home. They offer housing loan options to their members and it includes Pag-IBIG Fund’s Affordable Housing Program. This program is perfect for all members who are minimum-wage earners whose monthly gross income does not exceed P17,500.

If you’re a minimum-wage earner member and you wanted to know how to apply for this program. This might help you.

Purposes of the Loan:

  • Purchase of lot
  • Construction
  • Improvement
  • Refinancing an existing housing loan

Who are Eligible to Apply?

  • Not more than 65 years old
  • Member who have at least 24 months savings
  • Has legal capacity to acquire and encumber property
  • No foreclosed loan
  • Payment must be updated (if with existing short term loan)

What are the Requirements Needed?

  • For Self-employed
    • Valid IDs
    • Loan Application
    • Income tax return
    • Proof of income
    • Bank Statement
    • Copy of Lease Contract and Tax Declaration
    • Commission Vouchers reflecting the issuer’s details 
    • Certified True Copy of Transport Franchise
    • Certificate of Engagement
  • For Employed
    • Valid IDs
    • Loan Application
    • Proof of income
    • Notarized Certificate of Employment and Compensation
    • Income tax return
    • Payslip
  • For OFWs
    • Valid IDs
    • Employment contract
    • Certificate of Employment and Compensation (CEC)
    • Income tax return

How to Apply?

  • Prepare all the requirements needed
  • Visit the nearest Pag-IBIG branch in your location
  • Submit all the requirements
  • Afterward, you need to wait for at least 17 working days before you receive the Notice of Approval and the Letter of Guaranty
  • Once received, you need to accomplish the Notice of Approval requirements within 3 months including the transfer of title and annotation of mortgage
  • Go back to Pag-IBIG and receive loan proceeds
  • Lastly, start paying the monthly housing loan amortization

What are the modes of payment?

  • Post-dated checks
  • Salary deduction through employer
  • Payment to an accredited developer
  • Auto debit arrangements
  • Collection partners
    • Overseas remittance
    • Local remittance

If you’re a Pag-IBIG member who is a minimum-wage earner, take advantage of the affordable housing program they offer. Be able to own your dream house now with the help of Pag-IBIG Fund’s program.

For more information, you may contact Pag-IBIG using this hotline: 8-724-4244

Pag-IBIG Fund Membership Main Benefits
Pag-IBIG Multi-Purpose Loan Application

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