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UPDATE as of 20 May 2021: Following the recommendation of the Commission on Audit (COA), adjustments have been made to select figures to reflect more accurately the financial status of Pag-IBIG Fund. For 2020, the agency’s net income increased from the earlier reported P31.18 billion to P31.70 billion. Dividend rates, meanwhile, remain at 5.62% per annum for Regular Savings and 6.12% per annum for MP2 Savings. Dividend declaration have also been adjusted to 92.15% - still the highest on record. With these adjustments, the agency’s Capital Adequacy Ratio improved to 15.11%.

Pag-IBIG Fund home loan releases hit a record-high. Congratulations HDMF and home buyers!

Pag-IBIG Fund home loan releases hit a record-high in December as disbursement reached P12.11 billion despite the economic downturn caused by the Covid-19 pandemic, top officials of the agency announced on Wednesday (Jan. 27). This amount is P640 million higher, or a six percent increase, from the previous record of P11.47B that was set in December 2019.

“Our home loan takeouts in December is the highest for a single month in Pag-IBIG Fund’s history. Because of it, we were able to finance the acquisition of 12,275 homes for our members in December alone, which is also a record-high. Amid the challenges, Pag-IBIG has provided homes to more members during the pandemic, aiding in the government’s efforts led by President Duterte, to keep Filipino families safe at home,” said Secretary Eduardo D. del Rosario, who heads both the Department of Human Settlements and Urban Development (DHSUD), and the 11-member Pag-IBIG Fund Board of Trustees.

For year 2020, Pag-IBIG Fund released P63.75 billion in home loans allowing 63,750 members to acquire their own homes. Out of the total amount, 11 percent or P7.1 billion were released as socialized home loans for the benefit of 16,975 Pag-IBIG Fund members who belong to the minimum-wage and low-income sectors, del Rosario added.

Meanwhile, Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy P. Moti expressed optimism that the numbers will continue to rise especially as the economy has reopened.

“From September to December, our home loan releases were close to ‘pre-pandemic’ levels. We released more than P6 billion to P7 billion in home loans every month, reaching its peak in December when releases reached over P12 billion. The year 2020 may not have been record-breaking in terms of numbers, but it was a story of grit and resiliency as we were able to bounce back quickly,” Moti said.

He said that Pag-IBIG Fund was poised to achieve another milestone year in 2020 as the combined home loan releases in January and February amounted to P12 billion, growing 17 percent compared to the same period in 2019. But as expected, home loan numbers started to decline in March when strict community quarantine measures were imposed to curb the spread of Covid-19. Home loan releases dipped to P3.8 billion in March and P883 million in April. But, as restrictions were eased, home loan figures started to recover as early as May when disbursements jumped to P1.2 billion and rose even higher to P2.9 billion in June. Loan releases continued to climb in the second half of 2020. And by the end of the third quarter, home loan releases had already recovered.

“Looking at the bigger picture, the improvement in numbers does not only mean increased homeownership among Filipinos. It also means that Pag-IBIG Fund is able to take part in ensuring the safety of our members and their families, especially during this time of a pandemic. Rest assured that as 2021 unfolds, we will continue to be our members’ reliable partner as we all journey to full recovery,” Moti added.

In total, Pag-IBIG Fund approved P84.53 billion in home loans to finance the acquisition of 80,748 homes last year. Of this, the amount of P20.78 billion represents approved home loan applications pending for release, the proceeds of which are ready for disbursement upon submission by borrowers of post-approval requirements.

To know more about the Pag-IBIG Housing Loan, simply click www.pagibigfund.gov.ph/Availmentofnewloan.html.

Pag-IBIG home loan releases increased over the last two months as officials cited the continuous enhancements to the agency’s loan programs while making services more accessible to members amid the pandemic.

Pag-IBIG home loan releases rise as economy reopens

Pag-IBIG home loan releases increased over the last two months as officials cited the continuous enhancements to the agency’s loan programs while making services more accessible to members amid the pandemic.

"We fully support the administration’s efforts, led by President Duterte, in helping our fellow Filipinos achieve their dream of homeownership even during these challenging times. And, with our recent offering of promo rates on our housing loan, we expect even more members to secure their own homes in the coming months. This also plays a major part in our country’s road to recovery because as more members secure homes, the more jobs it would generate for our fellow Filipinos," said Secretary Eduardo D. del Rosario, who heads the Department of Human Settlements and Urban Development (DHSUD) and the 11-member Pag-IBIG Fund Board of Trustees.

Pag-IBIG Fund started the year on a high note with home loan releases reaching P5.5 billion in January, then rising further to P6.5 billion in February, exceeding the amount released for the same months last year by 17 percent. With such accomplishments in the first two months of 2020, Pag-IBIG was on track to release P100 billion in home loans by the end of the year.

But with the rise of the Covid-19 infection in March and the implementation of strict quarantine measures imposed in Metro Manila and other parts of the country for national safety, home loan releases dipped to P3.8 billion in March and P.88 billion in April.

In May, as quarantines were either eased or lifted, the numbers started to improve when home loan releases increased to P1.2 billion in May and jumped even further to P2.9 billion in June.

In total, Pag-IBIG Fund has released over P20.80 billion from January to June to finance the acquisition of 20,631 homes for its borrowers. Out of the total amount, 91 percent or P18.94 billion were released as socialized and low-cost home loans for the benefit of 20,084 Pag-IBIG Fund members, which include members who belong to the minimum-wage and low-income sectors.

“In the last few years, under the administration of President Duterte, Pag-IBIG Fund achieved a string of ‘best year ever.’ Since 2016, we have broken our record for home loan releases each year. We were getting ready for our best year yet in 2020 but it took a pandemic to slow us down. The improvement in our numbers in the past two months shows how responsive and well-positioned Pag-IBIG Fund is, and we are confident that we are on our way to recovery. Our numbers may not be record-breaking like in the past years, but this is only temporary. For Pag-IBIG, 2020 will be a story of strength, resiliency and service to members as we tackle the challenges of the ‘better normal’,” said Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy P. Moti.

Pinababang interest rate sa Pagibig! This is your perfect time to avail your dream home! For more details, please message us. OFWs, and Manila investors are also welcome!

Pag-IBIG Fund offers promo rates on home loans to boost economy

Top officials of Pag-IBIG Fund announced on Thursday (July 09) that they are offering promo rates on their home loans of as low as 4.985 percent per annum until the end of the year, in a move to help members acquire homes and help boost the national economy amid the pandemic.

The agency is offering special low rates of 4.985 percent per annum under a 1-year repricing period and 5.375 percent per annum under a 3-year repricing period. These are its lowest-ever rates under its Regular Housing Loan program, and are available to members getting new home loans until the end of 2020 only.

These further reduced the agency’s previous rates, already pegged at a low 5.375 percent per annum for the 1-year repricing and 6.375 percent per annum for the 3-year repricing period. Meanwhile, interest rates for its Affordable Housing Program, available for low and minimum-wage earners, remain at its lowest with a subsidized home loan interest rate of 3 percent per annum.

“By offering these special rates to our members, we are spurring economic activity in the housing industry, which has a ripple effect on the national economy. This is a win-win situation because our members get to take advantage of these home loan rates, while their purchase of their homes will help generate more jobs to help get our economy back on track. This then, is our contribution to our nation’s journey to recovery, as led by President Duterte,” said Secretary Eduardo D. del Rosario of the Department of Human Settlements and Urban Development (DHSUD) and Chairman of the 11-member Pag-IBIG Fund Board of Trustees.

With the Pag-IBIG Board’s approval of the promo rates on July 9, Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy P. Moti said that the special rates shall take effect immediately and shall be enjoyed by incoming home loan borrowers until December 29, 2020

“We review our rates regularly and have never repriced it upward under the Duterte administration. Our ever-improving quality of portfolio has allowed us to keep the rates low under our Risk-Based Pricing Model. But this time, we are offering something special. In consideration of the impact of the pandemic on the livelihood of our members, we reduced our home loan rates by as much 100 basis points for the next six months because we want to help members who are thinking of buying a home to take advantage of our lower-than-lowest rates. Even amid the pandemic, now is the best time to buy a home with a Pag-IBIG Housing Loan” Moti said.

Good news! Lower interest rates for Pagibig housing loan borrowers!

Pag-IBIG Fund offers promo rates on home loans to boost economy | BMPlus Top officials of Pag-IBIG Fund announced on Thursday (July 09) that they are offering promo rates on their home loans of as low as 4.985 percent per annum until the end of the year, in a move to help members acquire homes and help boost the national economy amid the…

Updated as of 17 June 2020:

Ang Pag-IBIG Fund Branches sa mga lugar na nasa ilalim ng General Community Quarantine (GCQ) o Modified GCQ ay bukas upang maghatid sa inyo ng Tapat na Serbisyo, Mula sa Puso magmula LUNES hanggang BIYERNES, 9AM hanggang 4 PM.

Sumunod po lamang sa mga health and safety protocols na pinapatupad sa aming mga tanggapan upang mapangalagaan natin ang kalusugan ng bawat isa.

Ang aming mga tanggapan sa Cebu-Ayala, Cebu-Colon at Talisay ay pansamantalang nakasara dahil naman sa pagsasailalim ng kanilang lugar sa Enhanced Community Quarantine (ECQ) at Modified ECQ.

Gayunpaman, ang aming Virtual Pag-IBIG at mga contact channels ay mananatiling handa para sa mga miyembrong nais gawin ang sumusunod, nang ‘di kinakailangang pumunta sa aming mga tanggapan:

- Mag-apply para sa Multi-Purpose Loan (MPL);
- Malaman ang status ng loan application;
- Malaman ang resulta ng moratorium application;
- Magbayad ng loans;
- Maghulog o magdagdag sa Pag-IBIG Regular Savings or MP2 Savings; o
- Magtanong sa mga benepisyong maaaring makuha bilang isang Pag-IBIG Fund Member

Bumisita sa Virtual Pag-IBIG sa www.pagibigfundservices.com/virtualpagibig anumang oras. Samantala, maaari din kayong sumangguni sa aming mga contact channels na bukas mula Lunes hanggang Sabado, 8 AM to 5 PM

💻 I-chat ang aming Lingkod Pag-IBIG service agent sa www.pagibigfund.gov.ph
📧 Mag-email sa [email protected]
📞 Tumawag sa 8-PagIBIG (02) 8-7244244

Maraming Salamat po!

Grace Period vs Pag-IBIG’s 3-Month Moratorium on Loans: WHAT’S THE DIFFERENCE?

Grace Period vs Pag-IBIG’s 3-Month Moratorium on Loans: WHAT’S THE DIFFERENCE?

The GRACE PERIOD provided under the IRR of RA 11469 (Bayanihan to Heal as One Act) and Pag-IBIG Fund’s 3-MONTH LOAN PAYMENT MORATORIUM are two separate programs that give payment reprieve to borrowers.

How are they different? Here’s a quick guide on the features of both programs to better understand the differences, the similarities, and how each can benefit you.

We’re putting ALL LOAN PAYMENT dues ON HOLD while the Enhanced Community Quarantine is in effect, which means all borrowers can settle their accounts once the quarantine ends.

This is in accordance with the Implementing Rules and Regulations (IRR) of Republic Act No. 11469, otherwise known as the “Bayanihan to Heal as One Act”.

✅No dues
✅No penalties
✅No applications required

Now, you have one less thing to worry about! ☺️

Pag-IBIG Fund is offering a THREE-MONTH MORATORIUM for ALL LOANS (Housing Loans, Multi-Purpose Loans, and Calamity Loans), covering payments due from MARCH 16 to JUNE 15, 2020.

This is to allow our members to prioritize the safety and welfare of their families during these challenging times.

Application for moratorium can be filed at the nearest Pag-IBIG Fund branch once the enhanced community quarantine is lifted. Applications will be accepted until June 15, 2020.

UPDATED as of 23 April 2020.

Pag-IBIG Fund is offering a THREE-MONTH MORATORIUM for ALL LOANS (Housing Loans, Multi-Purpose Loans, and Calamity Loans), covering payments due from MARCH 16 to JUNE 15, 2020.

This is to allow our members to prioritize the safety and welfare of their families during these challenging times.

Applications may be submitted online through the Virtual Pag-IBIG by clicking on this link https://www.pagibigfundservices.com/virtualpagibig/LoanMoratorium.aspx.