Before a PAG-IBIG member avail of a housing loan under the PAG-IBIG End-User Financing Program, it is important to check if he/she is eligible to apply. There are certain requirements to meet for the PAG-IBIG housing loan. The requirements are listed below as follow:
a. Must be a member under the Pag-IBIG I for at least 24 months, as evidenced by
the remittance of at least 24 monthly contributions at the time of loan application.
b. Not more than 65 years old at the date of loan application and must be insurable;
provided further that he is not more than 70 years old at loan maturity;
c. Has the legal capacity to acquire and encumber real property;
d. Has passed satisfactory background/credit and employment/business checks
conducted by the developer and the Pag-IBIG Fund;
e. Has no outstanding Pag-IBIG housing loan, either as a principal borrower or co-
f. Has not availed of a Pag-IBIG housing loan that was foreclosed, cancelled, bought
back due to default, or subjected to dacion en pago, which shall include cases where
the borrower is no longer interested to pursue the loan and surrenders the property;
g. May have an outstanding Pag-IBIG multi-purpose loan but which is updated in
payments at the time of loan application. A member whose multi-purpose loan is in
arrears shall be required to pay his arrears over the counter to update his account.
source: PAG-IBIG website
If a member has worked to several companies, he/she is responsible in consolidating his contributions by personally going to the branch maintaining your PAG-IBIG record.
For your immediate PAG-IBIG concerns, you may reach them through the PAG-IBIG Hotline at 724-4244 (Pag-IBIG), from Monday to Friday between 8:00AM and 5:00PM.