The document outlines the housing loan options provided by Pag-IBIG, detailing features such as loan amounts up to ₱6 million, varying interest rates based on loan terms, and eligibility criteria for borrowers. It includes information on processing fees, required documents for loan applications, and insurance options available for the loans. Additionally, it highlights special provisions for Overseas Filipino Workers (OFWs) and the benefits of the Pag-IBIG loyalty card.

1. Tapat na Serbisyo, Mula sa Puso.
Your

2. Regular Housing Loan
Affordable Housing Loan

3. • Loan up to ₱6Million
• Low Interest Rates
o 30-Year Maximum Loan Term
o Multiple Housing Loan Availment

4. REGULAR HOUSING LOAN
Rates per Re-Pricing Period (Effective January 1, 2020)
1-Yr* Fixing 5.375%
3-Yr Fixing 6.375%
5-Yr Fixing 6.875%
10-Yr Fixing 7.500%
15-Yr Fixing 8.125%
20-Yr Fixing 8.875%
25-Yr Fixing 9.500%
30-Yr Fixing 10.125%
Interest rates are reviewed every 6 mos.
* 75% Loan to Appraised Value Ratio

5. Purchase* of residential
house & lot, townhouse or
condominium unit.
✓ Old or brand new,
✓ Property mortgaged with
the Fund
✓ Adjoining houses/units
Inclusive of a parking slot.
Purchase* of residential
lot or adjoining residential
lots (max 1,000 sq.m.)
Construction of house
Improvement of house
Refinancing of an existing
housing loan
Combined Loan Purposes
*Plus cost of transfer for retail accounts

6. Active member with least
24 months savings
Not more than 65 years old
at the date of loan
application and is not more
than 70 years old at the
date of loan maturity
Legal capacity to acquire
and encumber real property
No Pag-IBIG housing loan
foreclosed, cancelled, bought
back, or voluntarily surrendered
If with existing Pag-IBIG Housing
Loan account or Short Term
Loan (STL), payments must be
updated

7. Maximum loanable amount of
Php6 million shall be based on
whichever is lowest of the 3 factors:
Actual Need
Capacity to Pay
Loan to Appraisal Value Ratio

8. Refinancing :
Outstanding Balance
Purchase of Lot/Purchase of Residential Unit :
Selling price
House Construction/Home Improvement :
Total Construction Cost
ACTUAL NEED

9. CAPACITY TO PAY
35% of your Gross Monthly Income (for 3 to 30 years repricing period)
30% of GMI for 1 yr repricing period
Tacking Provision:
Maximum of three (3)
qualified Pag-IBIG
members.
Related
Co-Borrowers
PARENTS SIBLINGS
CHILDREN OF
BORROWER
Non-Related
Co-Borrowers
FRIENDS PARTNER
ANY QUALIFIED
PAG-IBIG MEMBER

10. LOAN TO APPRAISAL VALUE RATIO
Up to the Economic Housing Limit* – 95%
Over the Economic Housing Limit up to P6M – 90%
* Economic Housing Limit – Php1.7 Million
Selling Price ₱2.2M
Capacity To Pay ₱3.0M
Appraisal (₱1.8M * 90%) ₱1.620M
Loanable Amount ₱1.620M
Selling Price ₱1.3M
Capacity To Pay ₱1.6M
Appraisal (₱1.5M x 95%) ₱1.425M
Loanable Amount ₱1.3M

11. GROSS MONTHLY INCOME EST. LOAN AMOUNT
EST. MONTHLY AMORTIZATION
(30 Year Loan Term)
₱20,000 ₱1,122,028.81 ₱7,000.00
₱30,000 ₱1,442,608.47 ₱9,000.00
₱40,000 ₱1,923,477.96 ₱12,000.00
₱50,000 ₱2,404,347.45 ₱15,000.00
₱60,000 ₱2,885,216.94 ₱18,000.00
₱70,000 ₱3,366,086.43 ₱21,000.00
₱80,000 ₱3,846,955.92 ₱24,000.00
₱90,000 ₱4,327,825.41 ₱27,000.00
₱100,000 ₱4,808,694.90 ₱30,000.00
Note: 30-yr term at 3-yr fixing period

12. Features Before
(YRT Insurance Pool)
Now
(Lockton Philippines and Reinsurance Brokers, Inc.)
Premium Rates 41¢ per P1,000 P0.225 per P1,000
Burial Benefit None Up to P26,000
Effect of Total Permanent
Disability
None Full payment of loan
Effect of terminal illness None Amortization support up to P500,000
Experience Refund None
20% of the insurer’s profit to be
refunded to the insured
Medically
Sub-standard Premium
With additional
premium
None
Claims Processing Within 30 days Within 24 hours
Mortgage Redemption Insurance Premium Cut by Almost 50%
MRI Premium for OFWs
Reduced by 90%
from P2.41
NOW only P0.225
for every P1,000.00

13. PREMIUM
RATES
LOWERED BY
0.1686% PER ANNUM
from 0.40%
Features Before Now
Basic Premium Rate
(appraised value of building)
as high as 0.40% 0.1686%
Rental Assistance for Uninhabitable Property None Up to ₱15,000
Family Personal Accident None Aggregate limit of ₱500K
Sabotage and/or Terrorism Cover None
5% of appraised value or loan amount, whichever is
higher, maximum of ₱150K
Burial Benefit None ₱5,000
58%

14. Principal Balance1
Interest Rate DFG2
Insurance Premium *3
P E R A N N U M
• Mortgage Redemption Insurance
• Fire and Allies Perils Insurance (if applicable)
Monthly amortization shall start
exactly one (1) month from the
DV/ Check Date.
DV/
Check
Date
1st
Amortization
Date
Regular
Amortization
Schedule
15
April
2020
15
May
2020
Every 15th
of the
month

15. Post-dated
checks
Accredited collection
partners
• Local Remittance
• Overseas Remittance
Auto debit
arrangement
with banks
Salary deduction
through Employer
Collection Servicing
Agreement (CSA)

16. L O C A L R E M I T T A N C E
Asia United Bank
SM Business CenterMetrobankLandbank of the
Philippines
Bayad Center
Globe GCash
Development Bank
of the Philippines
M. Lhuillier
ECPayCashPinas

17. OVERSEAS REMITTA NCE
Asia United Bank CashPinas iRemit
Philippine National Bank Ventaja

18. Fees to be paid upon filing:
1,000.00₱
P R O C E S S I N G F E E
Deducted from loan proceeds:
2,000.00₱
PROCESSING FEE BALANCE
1,000.00₱
A P P R A I S A L F E E
ONE YEAR
I N S U R A N C E

19. Housing Loan Application
with recent ID photo of
borrower/co-borrower (if
applicable) (2 copies, HQP-
HLF- 068/069)
One (1) valid ID (Photocopy, back-to-back)
✓ Principal Borrower & Spouse
✓ Co-Borrower & Spouse
✓ Developer’s Authorized Representative
& Attorney-In-Fact, (if applicable)
Proof of Income
Marriage Contract/
Birth Certificate
(if Applicable)
FROM BORROWER

20. Notarized Certificate of Employment
and Compensation (CEC),
indicating the gross monthly income
and monthly allowances or monthly
monetary benefits received by the
employee
Certified One (1) Month Payslip,
within the last three (3) months
prior to date of loan application
NOTE:
For government employees, the Certified One (1)
Month Payslip, within the last three (3) months prior
to date of loan application, must be submitted
together with CEC or ITR
Latest Income Tax Return (ITR) for
the year immediately preceding the
date of loan application, with
attached BIR Form No. 2316,
stamped received by the BIR
LOCA LLY EMP LOY ED

21. Copy of Lease Contract and Tax
Declaration (if income is derived from
rental payments)
Commission Vouchers reflecting the
issuer’s name and contact details
(for the last 12 months)
Certified True Copy of Transport
Franchise issued by appropriate
government agency (LGU for
tricycles, LTFRB for other PUVs)
ITR, Audited Financial Statements,
& Official Receipt of tax payment
from bank supported with DTI
Registration & Mayor’s Permit/
Business Permit
SELF -EMP LOY ED
Bank Statements or passbook for
the last 12 months (in case income is
sourced from foreign remittances,
pensions, etc.)
Certificate of Engagement issued
by owner of business.
Other document that would
validate source of income.

22. Income Tax Return filed with Host
Country/Government
Certificate of Employment and
Compensation (CEC)
CEC written on the Employer/
Company’s official letterhead; or
CEC signed by employer (for household
staff and similarly situated employees)
supported by a photocopy of the
employer’s ID or passport
NOTE:
If documents are in foreign language/s,
English translation is required.
Employment Contract
Employment Contract between
employee and employer; or
POEA Standard Contract
OVERSEAS FILIP IN O WORK ERS
Special Power of Attorney (SPA)
notarized prior to date of departure. For
OFW member abroad, a SPA notarized
by a Philippine Consular Officer, or SPA
notarized by a local notary (of the country
where the member is working) but duly
authenticated by the Philippine
Consulate.

23. The Fund may also require any or a combination of the following documents:
▪ Payslip indicating income received and period covered
▪ Valid OWWA Membership Certificate
▪ Overseas Employment Certificate
▪ Passport with appropriate visa (Working Visa)
▪ Residence card/permit (permit to stay indicating work as the purpose)
▪ Bank remittance record
▪ Professional License issued by Host Country/Government
A DDITIONAL REQUIREMENTS FOR OFW

24. The
Pag-IBIG
LOYALTY CARD
✓ Transaction card
✓ Discount card
✓ Disbursement tool
✓ Debit card
✓ Savings card
✓ 125php

25. Partner Merchants

26. ✓ High Dividends, Tax Free
✓ Compounded or Annual Dividend
Payout Options
✓ 5-Year Maturity
Open to Retirees or Pensioners (who were former Pag-IBIG Members)
7.23%2019
Dividend Rate
per annum

27. Contact Us!
#LingkodPagIBIG
11/F JELP Business Solutions Building
409 Shaw Boulevard, Mandaluyong City
Visit our Website at www.pagibigfund.gov.ph
Telephone: 654-9211

28. Thank you!
#LingkodPagIBIG