18/07/2022
How do I qualify for a Pag-IBIG Housing Loan?
You must have the following to qualify for the loan:
✅ At least twenty-four (24) monthly membership savings (a lump sum payment of the required monthly membership savings is allowed);
✅ Age of not more than sixty-five (65) years at the date of application and not more than seventy (70) years at maturity of the loan;
✅ Legal capacity to encumber real property;
✅ Ability to pass satisfactory background / credit and employment / business checks of Pag-IBIG Fund;
✅ No outstanding Pag-IBIG Short-Term Loan (STL) in arrears at the time of the loan application;
✅ No Pag-IBIG Housing Loan that was foreclosed, cancelled, bought back due to default, or subjected to dacion en pago.
If with an existing Pag-IBIG Housing Loan as a principal buyer / borrower or co-buyer / co-borrower, the account must be updated.
You can also check https://www.pagibigfund.gov.ph/FAQ_HL.html for more details.
