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How to check if you are eligible for Pag-IBIG housing loan?
Eligibility Requirements You have to be an active PAG-IBIG Fund member. You must have at least 24 monthly savings lump sum payment of the required 24 months savings is not allowed. You must not be more than 65 years old, and not more than 70 years old during the maturity of the ate of your loan application.
How to avail of Pag-IBIG housing loan?
Required Documents for Your Pag-IBIG Housing Loan Application Filled-out Housing Loan Application Form. Membership Status Verification Slip (MSVS) Proof of Income (e.g., payslips, Certificate of Employment, Income Tax Return) Government-Issued Valid ID. Proof of Billing Address. Contract to Sell or Deed of Sale.
What are the Pag-IBIG loan requirements?
When applying for a Pag-IBIG housing loan, youll need the following documents and forms: Proof of Identity: Two government-issued IDs, like your passport or drivers license. Proof of Income: Payslips for the last 3 months, if applicable. Employment or Freelance Contracts: Pag-IBIG Membership Details:
What are the requirements to loan in Pag-IBIG?
You must have: A total Pag-IBIG Fund savings of PHP 4,800 or at least 24 monthly Membership Savings (MS) Made at least one Membership Savings within the last six months, as of month prior to date of loan application; and. Submit sufficient proof of income.
How many days before I get my loan in Pag-IBIG?
The Pag-IBIG Fund Multi-Purpose Loan, or MPL, is a cash loan aimed at assisting members with any immediate financial needs. This versatile loan option is designed to be accessible and can be processed quickly, often within just two days.
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What is the maximum loanable amount for Pag-IBIG housing loan?
Loan amount: the principal loan or how much you will borrow from Pag-IBIG, not including interest. The maximum amount is ₱6,000,000. Preferred repayment period: how long you will be paying off the loan. Select from 1 to 30 years.
Can I get my Pag-IBIG form online?
The more convenient way to get a copy of your Pag-IBIG MDF is to complete an online membership registration through the Pag-IBIG Online Services website. Once youve submitted your registration online, you can already print your MDFno need to go to a Pag-IBIG office to secure this document.
How much is the loanable amount in Pag-IBIG?
Qualified members can borrow up to 80% of their total Pag-IBIG Regular Savings. This includes monthly contributions, employers contributions, and accumulated dividends. This means that your available loan amount increases as you save more in your Pag-IBIG Regular Savings.
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