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New Pag-IBIG rules regarding housing loans


PAG-IBIGI attended a seminar in Pag-IBIG last week to discover the new rules concerning the housing loans, here is a summary.

1. It’s more flexible in choosing the co-borrower
Before your co-borrower could only be a relative, now there is more latitude and anybody can virtually be it. It’s a very good news for those having a living partner who they are not married with. Both names will then be stated in the property title.

2. Your loan capacity will be based on your gross income
The loan capacity used to be calculated based on the available income, from now on, it’ll be based on your gross income, its a good news.

3. You can buy more than one property in one transaction
This is another good news for the future home-owners, Pag-IBIG now allows them to buy a full row of units or adjacent lots in the same transaction, the only requirement is to have the necessary loan capacity, that’s all.

4. The loanable amount limit is higher, it’s now 6 millions compared to 3 millions before.


You can download/read the full document here.

Regarding the second point about the loan capacity, I just want to warn yourself not to get covered by too many debts, pay attention not to reach a critical point on which you won’t be able to pay all your debtors anymore.

Where is Pag-IBIG?
I remind you that if you choose me as your broker, I’ll accompagny you for the loan application as it’s part of the services I provide to my clients (OFWs and others).

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21(s) thought(s) on "New Pag-IBIG rules regarding housing loans"

  1. dennis c. alibanggo says:

    Hi gud day sa inyo lahat. Magtanong lang po sana ako tungkol dyan house loan. Actually isa ako ofw or seaferer po almost 11yrs.gusto ko lang po sana mgkaroon ng bahay kahit maliit lng po.may bahay lng.

  2. Richie says:

    Hi Dennis, katulad mo OCW din ako. Wala akong time magprocess ng papeles and follow-up ng loan requirements. Luckily for me me trusted relative ako, so unang ginawa ko, pag-bakasyon ko ng Pinas for a month, nag-pa member ako sa Pag-ibig as voluntary, Php300 monthly contribution. Passport and some IDs lng kelangan. Then umattend ako ng housing loan seminar para malaman and kanilang regulasyon. Right away as soon na naging member ako, eligible na pala akong umapply ng housing loan, bastat bayaran ko lng in advance 24 mos. contribution ko na total ay Php7,200. Sa 300 na contriution ko eligible ako sa total loan na 750,000 pesos. So ngayon humanap kami ng housing subdivision developer na nag-aaccommodate ng Pagibig loans, then pumili na kami ng lote at bahay. Basta’t bayaran mo lng ang kelangan reservation fee & cash-out required ng subdivision/developer, then pag-tapos na ang bahay, iche-check ng Pag-ibig ang standard pag ok, process na ng mga papeles para sa housing loan. So far, lahat ng ito eh umabot ng 3 yrs. sa akin, from membership opening to housing construction hanggang approval ng housing loan sa Pagibig, thanks to my matiyagang bro sa Pinas. kelangan mo lng ng mapagkatiwalaan sa Pinas na mag-aayos ng papeles at follow-up, bigyan mo Power of Attorney para madali.

  3. Kystien Ruiz says:

    Hi maam,
    clarify ko lang, ibig bang sabihin na ina-allow na ng Pag Ibig kahit hindi relative ang co-borrower kahit girlfriend-boyfirend pa lang sila ?

  4. Marvin Bacate says:

    hi…kukuha po ako ng 2 units na townhouse. pwede po ba yung titulo e under lang ng name ko at sa co-borrower?

  5. rhiann says:

    i want to buy a Lot from a private owner…
    around 800k…
    member n poh ako ng pagibig for 4years…
    i want to know how Long wiLL take(the average process) para mareLease un check???
    after approving the appraisaL of the Lot???

  6. Esther Dalugdog says:

    may tanung lang po ako tungkol sa kinuha kong house & lot loan ,,sa A,J,MARKETING REALTY,,,,,n full Payment n po ako sa equity last 2010 ,,,,,bket po iba ma aprrd. ang paglipat nmin sa house,,,,,,,,paki check nlang po kung anu ang problema …………..plsssss……….now is 2013 di po maipaliwanag ng agent ko kung anu ang dahilan kung bket di pa ako pweding lumipat ngayong bayad ako lahat sa payment….ang pangalan ng agent ( HEQUINO P. REBUSORA )…,,,,PLS… …..

  7. bheng says:

    helo poh ask ko lang,dati poh akong ofw,pero umuwi ako nung 2011,gusto ko poh sana kumuha ng pag-ibig housing loan,sa ngaun self-employed nlang poh ako,pero may pinagkikitaan babayaran ko nalang ung 2yrs tpos ung natira hulug hulugan nalang…makaka avail kaya ako.

  8. bheng says:

    i mean babayaran na ung 2yrs monthly contribution para pwede nako maka avail ng load,,,

  9. Jeanette says:

    Where is the seminar site po within pasig or mandaluyong area, can u provide me the exact address

    Mrs. Castillo

  10. bheng says:

    goodpm mam,im presently residing at zamboanga city poh,region IX.

  11. loralie says:

    Good day 100 pesos na contribution magkano po ba ang pwedi kung iloan nya with in 2 years po na pag contribute ko sa pag-ibig kasi.ofw po aq til now.

  12. marielle says:

    What if ung lot ay nkapangalan sa aunt q,will it be possible to acquire a housing loan?since she allowed us to build a house there. Please reply. Thanks a lot

  13. Eunice says:

    pwede po ba proxy sa pag attend ng pagibig housing loan seminar?

  14. chiko says:


    Kailangan ba nang approval letter pag ang co-borrower ay non-relative?

  15. jane marie casia says:

    hello po mam,sir.
    ask lng po sana ako abput sa housing loan ng sister ko,kc po na aprove na ung housing loan nia nong april 10,2013.ang prbz po nmin kc parang d pa kaya ng sister ko ang monthly ngayon….ask lng po sana ako kng pwde bha daw ma cancelled ang housing loan nia….kc po d tlaga kaya ang monthly mam ang sir..ano po bha gawin nmin.thnx po…..

  16. Ivy gile says:

    Hello po ask ko lang po if ano po pwede gawin….Kasi may existing housing loan na po ang husband ko sa pag-ibig….gusto po namin bumili ng panibagong Bahay pero e loloan din po sana namin sa pag-ibig ano po bang pwede gawin….thank you po….^_^

  17. nancy u. osorio says:

    ask ko lang po ung property na kinuha namin dito sa b.93 lot 7 phase 4 mabuhay cityn paliparan dasmarinas cavite aprove na po to sa housing pero one year kaming di updated sa monthly amortization bakit ibinalik sa rent own tong property namin dati naman kaming up dated nagkaroon lang kame ng financial problem pero willing po kameng magbayad in stallment basis mahirap pong magayos ngdocuments sana po matulungan nyo po kame regarding in our problem tnx po .

  18. eden says:

    ask ko lang po kapag d poh ba nakapagbayad nag monthly amortization for almost a year and a half,,papaalisin ba agad2x sa taga pag-ibig yung nkaloan sa bahay?may kakilala po kasi ako na kung may anak na 7 yrs old and below ay hindi daw papaalisin kung d na nakapagbayad as of the moment due to financial crisis…pro obligasyon namin to na dapat bayaran hindi pa nga lang ngayon…pls rply poh

  19. gian says:

    good pm, bakit po may ng haharash sa akin na foreclose na daw ang bahay ko 5 mos delayed po ba agad agad mapapalayas? 4 yrs na kami nakatira doon?

  20. gian says:

    saan po ba kami pwedeng tumawag na makakuha kami ng tamang information? alam namin na obligasyon namin mag bayad ng bahay pero may mga dahilan po kung bakit na delayed , sana po matugunan nyo ang aking katanungan

  21. Junelsa says:

    You should go to the closest pag-ibig office near your place. You can ask there what you need to do regarding your obligations.

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