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How to get a PAG-IBIG housing loan

The Home Development Mutual Fund, more commonly known as Pag-IBIG, has been one of the usual options of Filipinos when looking for an affordable home loan.

Not everyone knows it but a Pag-IBIG housing loan may be used to finance not just the purchase of a brand-new property but also the following:

  • Purchase of a fully developed residential lot or adjoining lots not exceeding 1,000 square meters;
  • Purchase of a residential house and lot, townhouse, or condominium unit; or
  • Construction or completion of a residential unit on a lot owned by the member.

Who are eligible to apply for a Pag-IBIG housing loan?

Filipinos who satisfy the following requirements may avail of a Pag-IBIG housing loan:

  • Must have remitted 24 monthly contributions under the “Pag-IBIG I Membership Program”. New members may pay the 24 monthly membership contributions in lump sum, corresponding to the loan amount applied for;
  • Not more than 65 years old;
  • Has no outstanding Pag-IBIG housing loan;
  • Has no outstanding multi-purpose loan in arrears;
  • Had no Pag-IBIG housing loan that was foreclosed, cancelled, bought back due to default or subjected to Dacion en Pago.

The amount of loan, the loan interest rate, and other specific requirements may differ depending on the type of loan the member wishes to avail. There are currently two types of housing loans offered by Pag-IBIG: the Affordable Housing Program and the End-User Financing Program.

pagibig-housing-loan-ratesWhat is the “Affordable Housing Program”?

The Affordable Housing Program is for minimum wage earners or those whose gross monthly income does not exceed P17,500. Borrowers may loan up to P750,000, with interest rates of 4.5% or 6.5% in the first ten years of the loan, depending on the gross monthly income of the borrower.

What is the End-User Financing Program?

The other housing loan program of Pag-IBIG, called the End-user Financing (EUF) Program, is for those wishing to borrow higher amounts, up to P6 million. The annual interest rate depends on the fixing period chosen by the borrower.

More details about the interest rates can be found in our article Pag-IBIG’s Housing Loan Program Interest Rates.

How long is the repayment term?

The maximum repayment period for a Pag-IBIG loan is thirty (30) years.

What is the Processing Time?

The regular processing time for a housing loan application is sixteen (16) working days, provided the borrower has submitted all the necessary requirements.

How do I apply for a Pag-IBIG home loan?

Step 1. Get a Housing Loan Application Form and Checklist of Requirements from any Pag-IBIG office nationwide or at their official website at

Step 2. Submit the accomplished Application Form together with the complete requirements to the Pag-IBIG office whose jurisdiction covers the property subject of the loan. Pay the partial processing fee of P1,000. You may also file your application online via (click “E-Services”). The processing of application is 16 working days, provided that all required documents are submitted on time and without issues.

Step 3. Upon receipt of the Notice of Approval (NOA)/Letter of Guaranty (LOG), sign the loan documents.

Step 4. Accomplish the NOA requirements for check release.

Step 5. Receive the loan proceeds from Pag-IBIG. (The check payee is either the borrower, seller, or a third party to which the loan proceeds are assigned to be released). Bring two (2) valid IDs and twelve (12) Post-Dated Checks (if payment is not through Salary Deduction).

Step 6. Payment of monthly amortization starts one (1) month from Check Date.

Hope you can own a property soon!

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About this post: pag-ibig housing loan, pag ibig housing, pagibig housing loan, pag ibig house and lot loan requirements, pag ibig house loan

6 thoughts on “How to get a PAG-IBIG housing loan”

  1. kfranc says:

    do you get a chance of approval if you have a pending bank loan or unsettled credit card debts?

  2. Joseph Baliso says:

    There is too many lending company nowadays and it’s hard for my father to choose which is the best. I hope some one from this page can help me. My father is an ofw for over a decade and he is planning to put up a dream business. Please help us guys!

  3. Pedro Darsay says:

    Maybe this site could help your father it’s a comparison of some lending companies here in the Philippines. I hope this can help your father.

  4. Reynaldo Buraga says:

    Hi Joseph Baliso! Please check our website we offer loans for ofws and seafarers. We do not require collateral and you will receive 100% loan approve without any deductions.

  5. Dylan Dela Cruz says:

    This is a good read on how to get your pag ibig housing loan approved

  6. yu main says:

    Timely post ! I loved the facts , Does anyone know where my assistant can access a fillable PH HQP-SLF-001 document to fill out ?

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