Pag-ibig celebrates shelter month with housing program

To celebrate National Shelter Month this October, Pag-ibig Fund is implementing the “Magaang Pabahay, Disenteng Buhay” Program.

The objective of the program is to provide members of the fund with the opportunity to acquire a home through affordable or easy means.

The program involves the disposition of the fund’s acquired assets including those still being occupied by the original borrower, tenant under the ordinary lease scheme, or any illegal occupant. Acquired assets are those housing units bought through a loan with Pag-ibig but had since been foreclosed and acquired back by the fund due to non-payment by the borrower of the monthly amortizations.

Under the program, Pag-ibig is giving members who acquire a housing unit in cash under the “Magaang Pabahay, Disenteng Buhay” program a 20 percent discount of the purchase cost plus another five percent discount to cover for litigation expenses in case the property has illegal occupants.

Members who avail of the property through a housing loan will get 15 percent off of the selling price plus five percent litigation discount if applicable.

The basis for the program is Pag-ibig Circular 216.

Eligibility requirements of Pag-ibig on housing loans apply in this case.

  • Rashell Trocio

    I would like to take a housing loan for my family back in the Philippines, How much is the monthly payment?

  • engkanta

    rashell,

    please read the posts below for more on the housing loan program.

    this post is on the amount of housing loan you can take out based on the 4 factors used by pag-ibig and if you’re eligible for a loan based on pag-ibig’s requirements.
    http://realestate.cebunetwork.com/19/pag-ibig-housing-loan-guidelines/

    this post includes tables on the monthly amortizations for different loan amounts and on the required monthly net income for a certain loan amount based on the loan terms or number of repayment years.
    http://realestate.cebunetwork.com/27/pag-ibig-housing-loan-and-net-income/

    this post dwells on the steps to taking out a housing loan and includes the requirements that pag-ibig requires of borrowers.
    http://realestate.cebunetwork.com/24/easy-steps-to-a-pag-ibig-housing-loan/

  • jeffrey

    can you please refer me sa developer na meron program ng pag ibig dito sa laguna 2000 monthly is okay for me. thanks

  • http://tristan_basti mary ann garcia

    i have a ofw husband in saudi arabia..,we want to have our own house residence..,sa ngayon po kasi were renting a house..,kya nga po i tell 2 my husband 2 get a house in pag ibig..,nag hu2log man kme monthly..,at least we will own this house..,kesa umupa kmi ng house n hindi nmn s amin mpu2nta…,we want a house near caloocan..,khit single storey lng po..,basta po nsa 2000 monthly nya…thanks po and godbless…

  • CORAZON

    GOOD DAY!
    Im working here in Riyadh, KSA, im planning to take housing there possible along. Las pinas, or else. Quezon City.. I want a even single dettached
    house… if possible. 3000 per month.
    THANK YOU !, God bless.

  • apple

    Hi magtatanung lang po ako, kung meron pang binibenta dito sa mabuhay phase 1 cabuyao laguna yung hindi na itinuloy ng mga nagloan sa pag-ibig baka may marerekomenda po kyo need ko po yung mura lang at kayang monthly.salamat