Owning your dream home is now easier than ever with the Pag-IBIG Fund Housing Loan! You can borrow up to P6 million at one of the lowest interest rates available in the market. Whether you're buying your first home or upgrading to a bigger space, Pag-IBIG provides a simple process that you can complete in just 6 easy steps. Here's a step-by-step guide to help you through the process:
✅ Eligibility Requirements
Before applying for a Pag-IBIG Housing Loan, make sure that you meet the following conditions:
- Active Membership: You need at least 24 months of Pag-IBIG savings.
- Age Limit: You should not be more than 65 years old at the time of application and not over 70 years old at the date of loan maturity.
- Legal Capacity: You must have the legal capacity to acquire and encumber real property.
- Good Standing: You should not have any foreclosed, canceled, or bought-back Pag-IBIG housing loans.
- Updated Loan Payments: If you have an existing Pag-IBIG Housing Loan or Short-Term Loan (STL), ensure that your payments are updated.
🏡 6 Steps to Avail a Pag-IBIG Housing Loan
🔍 Step 1: Complete the Requirements
To get started, prepare and complete the following documents:
- ✅ Housing Loan Application Form
- ✅ Vicinity Map of the Property
- ✅ Proof of Income
- ✅ Updated Tax Declaration and Tax Receipt
- ✅ Valid IDs
- ✅ Certified True Copy of Title
- ✅ Additional Requirements (depending on loan purpose)
Make sure that all documents are accurate and updated to avoid delays in the application process.
📩 Step 2: Submit Your Pag-IBIG Housing Loan Application
You have two options to submit your application:
- Apply online through Virtual Pag-IBIG. Click here to get started.
- Submit your completed application and documents at any Pag-IBIG Housing Business Center or Pag-IBIG Fund Branch. You can find the nearest branch here.
📄 Step 3: Receive Your Notice of Approval (NOA) and Letter of Guaranty (LOG)
If your application is complete and meets all the requirements, Pag-IBIG will issue your Notice of Approval (NOA) and Letter of Guaranty (LOG). You’ll be notified where to claim these documents.
📚 Step 4: Complete the Requirements Stated in Your NOA
Once you receive your NOA, you’ll have 90 calendar days to complete the requirements, including:
- Transfer of Title
- Annotation of Mortgage
- Other conditions stated in your NOA
💸 Step 5: Receive Your Pag-IBIG Housing Loan Proceeds
Upon submission of your post-approval requirements, the proceeds of your loan will be released within 10 working days. You will be notified on how and where to receive your loan proceeds.
🏦 Step 6: Start Paying Your Pag-IBIG Housing Loan
Begin paying your Pag-IBIG Housing Loan one (1) month after the release date. Use your 12-digit Housing Loan Account Number (HLAN) for payments. You can pay through:
- Virtual Pag-IBIG
- Accredited collecting partners' outlets
- Online payment facilities
🎉 Why Choose Pag-IBIG Housing Loan?
- ✅ Low interest rates
- ✅ Flexible payment terms of up to 30 years
- ✅ Hassle-free online application process
Achieve your dream of owning a home with Pag-IBIG’s trusted and affordable housing loan. Start your journey today and take the first step toward a brighter future! 🏡💙