Pag ibig housing loan application form for co borrower 2025

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You can make your trusted person your co-partner. PAG IBIG allows the sharing opportunity for three persons at a time. Your co-borrower will occupy your property with you, so it can also be your wife.
🔎 Note that you can only borrow a maximum of ₱6,000,000.00 from Pag-IBIG. Our tool will prompt you if it detects an entered or calculated loanable amount or a loan amount above that limit.
Best co Borrower for your PAG IBIG Housing Loan Your blood-brothers, children, parents, grandparents, siblings, and grandchildren can be your co-borrowers.
Having a co-borrower with excellent credit history and stable employment will help improve your chances of getting a PAG-IBIG Fund Housing Loan approval. PAG-IBIG allows 2 or 3 members (including the principal borrower) who are up to second-degree relatives to apply for a single housing loan.
You dont need a high income to get a Pag-IBIG housing loan. Even minimum wage or low-income members who earn up to ₱15,000 a month can qualify. However, your salary determines how much you can loan in Pag-IBIG. Use the option How much you can borrow based on your income for financial planning.
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People also ask

A co-borrower can be a significant other, especially if youre buying and sharing the home together. It can also be a family member or a friend whos helping you qualify for and pay back a loan, especially if youre a first-time homebuyer.
The standard terms for becoming a co-applicant for most banks are as follows: To avail of a home loan, the co-applicants age limit is between 18 and 65 years. Couples are preferred as co-applicants for a home loan. Banks assess the combined income of both spouses to determine loan eligibility and approval.
Pag-IBIG Housing Loan have maintained Pag-IBIG membership for at least 24 months. no older than 65 years old when you apply for the loan, and no older than 70 years old when the loan is due. maintain a perfect credit history free of any organization-related foreclosures, loan cancellations, returns, or surrenders.

pag ibig housing loan form co borrower