• Your own genuine need;
• Your wished amount borrowed;
• Your current earnings, which implies your financial allowance;
• The borrowed funds-to-appraised really worth proportion.

As an alternative, it is possible to utilize the Pag-IBIG Finance Houses Financing Value Calculator, that gives you a quote off how much you can borrow according to your own wished amount borrowed, preferred fees several months, and you can prominent repaired pricing period.

Mention, but not, the loan calculator is just put while the helpful tips. The actual loanable number differ with regards to the results of Pag IBIG’s analysis.

c. Pag-IBIG Domestic Collateral Love Financing (HEAL)

That is unlock for members with noble loan fee records. Not as much as this method, licensed members ount centered on its mortgaged property’s websites worthy of. Loaned amount away from Pag-IBIG Fix may be used just to own do-it-yourself objectives but also for degree expenditures, purchase of equipment, and other existence needs ten .

The latest appropriate interest rate is based on the fresh selected several months however, is set straight down because the an incentive for good-spending people.

Maximum loanable count ‘s the difference between six billion pesos and also the remaining equilibrium of your current Pag-IBIG Homes loan. But not, this really is still subject to other factors, for instance the capability to spend while the common loan amount.

d. Pag-IBIG Received Possessions Program

Property becomes good Pag-IBIG gotten investment 11 or an excellent foreclosed possessions shortly after a person does not repay its Pag-IBIG construction financing. Pag-IBIG “resells” this type of qualities as a result of societal putting in a bid to recuperate its losings.

Consumers out of received property will get purchase them because of cash otherwise for the a repayment base. Paying for the a fees basis will make it similar to a homes loan as you have to blow every day which have desire accruing each several months. You could spend because of brief-term installments, which have 6.375% desire, and ought to be distributed within this a-year, or because of much time-term installment payments.

There are foreclosed characteristics readily available for social putting in a bid to your Pag-IBIG Acquired Assets webpage. Scroll down to comprehend the schedule out of societal auctions.

People must fill out one or two sets of costs and needs–you to within the application for the loan and one through to or prior to mortgage launch. To learn more, delight diving on the early in the day point containing the latest Pag IBIG construction loan requirements.

5. Submit All the Houses Loan Standards so you’re able to Pag IBIG

There are two main an effective way to do that: owing to on the internet arranging otherwise by making use of over-the-counter within nearest Pag IBIG department.

Solution one: On line Software

The brand new Pag-IBIG Loans features theoretically circulated the fresh new Digital Pag-IBIG, an on-line portal in which professionals can certainly done more deals – of homes applications so you’re able to fee away from contributions – from the comfort of one’s own land.

If you don’t have an online Pag-IBIG account yet, here is a jump-by-step book on how best to manage one. With this specific innovation, you can now fill out your own casing application for the loan online and schedule a scheduled appointment to your nearest Pag-IBIG place of work that will processes the job.

four. Just after you are on the web Housing Application for go to site the loan webpage, look at the variety of requirements one which just remain. Simply click Proceed.

• Financing advice such as the function of the borrowed funds, form out of fee, wanted loan identity, wanted re also-cost several months, etcetera.
• Information that is personal such as your e-send target, cell phone number, owning a home, years of stay static in expose physical address, community, many years in the employment otherwise team, amount of dependents, terrible month-to-month income, an such like.
• Well-known Pag IBIG branch place of work where you are able to submit the program and casing mortgage criteria.

You will then discover a reference matter otherwise Homes Loan application Recording Count via Texting. Pag IBIG will give you thanks to e-mail the fresh new schedule of fulfilling, the latest address of your Pag IBIG workplace, while the Pag IBIG Finance get in touch with individual you’ll end up transacting that have.