Guide to Pag IBIG Housing Loan

Pag-IBIG Fund is the Philippine government-mandated housing loan program that provides Filipinos the most affordable loan interest rates when buying or building a home. Also known as Home Development Mutual Fund (HDMF), Pag-IBIG Fund offers a wide range of benefits when financing future homes or residences. Specific benefits of Pag-IBIG Fund users are delineated in its website.

Benefits of Pag-IBIG Housing Loan
The Pag-IBIG Housing Loan program can finance the following:

a.Purchase of lots of not less than 24 square meters and not greater than 1, 000 square meters.
b.Purchase of a house and lot, condominium unit (with parking lot), townhouse, whether they are old or brand new.
c.Completion or construction of a lot or a residential unit.
d.Home improvement
e.Refinance of existing mortgage.
f.Combination of loan purposes.

How to Avail the Pag-IBIG Housing Loan Services

  • The applicant should be an ACTIVE member. An active member is someone who makes regular monthly contribution for two full years and paid at least 5 contributions in the past 6 months
  • The applicant should have a stable source of income upon the application.
  • The applicant should not have any foreclosed property or any outstanding loan.

Loan Coverage
Pag-IBIG Housing loan can lend loan up to P6 million with variable interest rate from 4.5% to 12.25% depending on the housing loan program.

What People Should Know about Pag-IBIG Housing Loan Program

  • The Pag-IBIG Housing loan program is only exclusive to Filipinos, including overseas Filipino workers, naturalized citizens and government employees.
  • To understand how the Pag-IBIG Housing Loan works, applicants are invited (although not required) to attend the loan counseling session at any Pag-IBIG office. The loan counseling session can take up to 2 hours.

Required Accomplished Forms When Applying for Pag-IBIG Housing Loan

  • Preliminary Loan Counseling Questionnaire
  • Housing Loan Application (HLA)
  • Membership Status Verification Slip (MSVS)

Note: Accomplished forms are downloadable online. The applicant is also required a processing of 1,000 Php which is non refundable.

Steps When Accomplishing Pag-IBIG Housing Loan

During the accomplishment of pre-needed forms and other requirements, the Pag-IBIG staff will run a background credit check to the applicant. The purpose of the investigation, which takes 5 working days, is to determine if the client has the capacity to secure financial standing for his/her loan. Following the investigation, the Mortgage Loan specialist together with the Property Appraiser II will schedule an inspection which will run for another 5 working days. After which, the applicant will be contacted for property appraisal findings.

If the application is approved, the applicant received the Notice of Loan Approval or Letter of Guaranty. However, if the application is declined, the applicant receives the Notice of Disapproval. Additional loan documents need to be completed. Some of them need to be notarized and submitted within 90 days.

Additionally, the applicant proceeds to the Bureau of Internal Revenue to secure payments of capital gains tax and documentary stamps, and the Registry of Deeds for the annotation of mortgage of transfer of the title. The following are documents submitted to Pag-IBIG for the release of loan funds:

  • original Transfer Certificate of Title (TCT)
  • DOAS with original RD stamp
  • updated Real Estate Tax Receipt
  • new tax declaration
  • occupancy permit
  • assignment of loan proceeds

The applicant waits for telephone confirmation when to get the first check at the office. When claiming the first loan check, the applicant must present 2 valid IDS. However, for authorized individuals, in case the applicant cannot claim the check personally, the Check Release Controller of Pag-IBIG requires the representative a notarized Special Power of Attorney and 2 Valid IDs.

When to Pay the Loan?
The first monthly payment or amortization occurs immediately a month following the final loan is released. To know the amount and frequency of payments, use the Pag-IBIG amortization calculator. It should be noted 3 missed monthly payments entails default of mortgage, which may mean a forfeit of the whole financing process.

Pag-IBIG Offices Overseas

Alkhobar, KSA (Middle East)
LACSAMANA P. TUAN
MEMBER SERVICES OFFICER
Mobile No.: +966507181849
Email: [email protected]
c/o SKYFREIGHT FORWARDERS
1st St. cor. King Fahad St., P.O. Box 2539, Alkhobar KSA

Athens, Greece
JEAN V. SANTOS
MEMBER SERVICES OFFICER
Fax. No.: (0030210) 6983265
Mobile No.: (003069) 77425678
Email: [email protected]
c/o Philippine Overseas Labor Office
10 Fhiotidos St. Ambelokipi, Athens 11523, Greece

Bandar Seri Begawan,Brunei Darussalam (Asia Pacific)
MEMBER SERVICES ASSISTANT
Email: [email protected]
c/o Philippine Embassy SPG 336-17, Diplomatic Enclave Jalan Kebangsaan, Bandar Seri Begawan Brunei Darussalam BA 1210

Bahrain (Middle East)
MR DARWIN L. LANSANG
MEMBER SERVICES OFFICER
Mobile No.: +973 37311278
Email: [email protected]
[email protected]
c/o PHILIPPINE EMBASSY
Villa No. 939 Road No. 3320, Manama, Bahrain, P.O. Box 26681

Dubai(Middle East)
LOWELLA C. RECTO
MEMBER SERVICES OFFICER
Tel. No.: 971-042207221
Mobile No.: +971567285143
Email: [email protected]
Philippine Consulate Gen. Phil Overseas Labor Office
Beirut St. , Al Qusais .3
P.O. Box 4960, Dubai UAE

Hong Kong SAR (Asia Pacific)
RAYMOND FRANCIS RAMOS
MEMBER SERVICES OFFICER
Tel. No.: (00852)2823-8561
Mobile No.: (00852)94524287
Email: [email protected]
PHILIPPINE CONSULATE
GENERAL 14th Floor,
United Center Building,
95 Queensway, Hong Kong SAR

Jeddah, KSA (Middle East)
JAMAL D. BAGUAN
MEMBER SERVICES ASSISTANT
Mobile No.: +9665-81649435;
+9665 66289554
Email: [email protected]
Philippine Consulate General
Umm Al-Qura Street Rehab District
P.O. Box 4794 Jeddah 21412

South Korea (Asia Pacific)
MR. DOMINIC A. LEOLIGAO
Pag-IBIG-Korea Service Desk
Mobile No: 0082-1071450385
Telephone: 0082-378536345
Email: [email protected]
[email protected]
c/o Philippine Overseas Labor Office (POLO) Embassy of the Philippines 12 Hoenamuro 42-gil Yongsan-gu, Seoul City 140-857, South Korea

Kuwait (Middle East)
MAHMOUD B. KHALIL
MEMBER SERVICES OFFICER
Fax No.: (00965)532-9319
Mobile No.: +96596693777
Email: [email protected]
Block 6, Villa 153 Nouman Bin Basher St. corner Damascus St. Faiha, State of Kuwait

London, United Kingdom (Europe)
MARIA FE MANGALILE
MEMBER SERVICES OFFICER
Tel. No.: +447718163222
Email: [email protected]
c/o Philippine Embassy 6 Suffolk St., London SW1Y 4 HG United Kingdom

Macau SAR (Asia Pacific)
JOEL I. NADRES
MEMBER SERVICES ASSISTANT
Tel No. : (00853) 28757111
Mobile No. : (00853) 62573754
Fax No. : (853) 28757227
Email: [email protected]
PHILIPPINE CONSULATE GENERAL MACAU SAR
Unit 1404-1406,14/F AIA Tower, NOS.251A-301,
Avenida Comercial De Macau, Macau Sar
Madrid, Spain (Europe)
JEREMIAS SAN PEDRO
CONTACT PERSON
Tel. No.: 34-915232397
Mobile No.: 34-646701457
Email: [email protected]
c/o Tahanan 2005 S.L. Office
CALLE MAYOR 6, 28013 MADRID, SPAIN

Malaysia (Asia Pacific)
MARIA ROSARIO S. MACADANGDANG
MEMBER SERVICES ASSISTANT
Tel. No.: (0060) 3 21484233
Mobile No.: (0060) 1 76563971
Email: [email protected]
c/o Philippine Embassy Kuala Lumpur No. 1 Changkat Kia Peng 50450 Kuala Lumpur, Malaysia

Milan, Italy (Europe)
BRIGITTE P. MAHOR
MEMBER SERVICES OFFICER
Tel. No.: (3902)-43510205
Mobile No.: +393204572603
Email: [email protected]
c/o Philippine Consulate General via Stomboli 1 Milan, Italy 20144 Milan

OFW Members Services Department OFW Center
FERNANDO C. DE CASTRO
Head OFW Center/CEO III
Tel. No.: (02) 422-3114
Email: [email protected]
317 Justine Bldg. Sen. Gil Puyat Avenue, Makati City

New York (North America)
MICHAEL F. AZUCENA
MEMBER SERVICES OFFICER
Tel No.: +1 646 8696690
Mobile No.: + 646 832 6208
Email: [email protected]
Phil. Consulate General
556 5th Avenue New York 10036 USA

Oman (Middle East)
Pag-IBIG Oman Service Desk
Email: [email protected]
c/o Philippine Embassy P.O. Box 450 PC 115 Madinat, Sultan Qaboos Muscat, Oman

Qatar (Middle East)
MS. NORLYN P. ACOSTA
MEMBER SERVICES ASSISTANT
Tel. No.: +974-44866236
Mobile No.: +974-33466536
Email: [email protected]
c/o Philippine Overseas Labor Office
Al furat Street, Zone 66, Onaiza Area
24900, Doha, Qatar

Riyadh, KSA (Middle East)
RENATO A. SOQUENO
MEMBER SERVICES OFFICER
Mobile No.: +966537980452
Tel. No.: (+9661) 4880835
Fax No.: (009661) 4883945
Email: [email protected]
c/o Philippine Embassy Site Site D4, Collector Rd., C Diplomatic Quarters P.O. Box 94366, Riyadh, KSA

Rome, Italy (Europe)
DELILAH C. GUTIERREZ
MEMBER SERVICES OFFICER
Tel. No.: (3906)-39740853
Mobile No.: (3932)81475555
Email: [email protected]
c/o Philippine Embassy Vialle Delle Medaglie D’Oro 112/114 Rome, Italy 00136 Rome

Singapore (Asia Pacific)
CHRISTIAN JAN T. OLIVEROS
MEMBER SERVICES OFFICER
Tel. No.: (0065) 6737 3977 loc 106
Mobile No.: +65-98533147
Email: [email protected]
c/o Philippine Overseas Labor Office / Phil. Embassy 20 Nassim Road SINGAPORE 258395

Taiwan (Asia Pacific)
LERSA A. LI
MEMBER SERVICES OFFICER
Tel. No.: 02-2517-7775
Fax No.: (00886) 225079805
Mobile No.: +886-975563561
Email: [email protected]
No. 309 10th Flr. SONJIANG RD. Zhongshan District Taipei City, Taiwan

Tokyo, Japan (Asia Pacific)
OLIVIA C. AKATSU
MEMBER SERVICES ASSISTANT
Tel. No.: 0081)8010352808;
(0081)8048361435
Email: [email protected]
3rd Flr. SK Ueno Bldg., 3-18-7 Higashi Ueno, Taito-Ku Tokyo 110-0015 Japan