Check Here the Pag-IBIG Housing Loan Amount, Other Important Details about the Offer
PAG-IBIG HOUSING LOAN AMOUNT 2026 – Here’s a guide on the borrowing amounts under this amazing offer of the Pag-IBIG Fund.
In the Philippines, millions of Filipinos are members of the Pag-IBIG Fund. It is a government-backed institution that is in the service of countless Filipinos in the country and around the word for several decades now.
The Pag-IBIG Fund provides loan programs to its members. The state-run entity’s member populace includes locally employed workers, self-employed individuals, overseas Filipino workers (OFWs), and even Filipinos who applied for a voluntary membership.
The Fund offers several types of loans, thus, it is really beneficial to maintain an active and updated account with it. Aside from the Pag-IBIG Calamity Loan offer, it also has the Pag-IBIG Housing Loan offer.
This Housing Loan is designed to finance different real estate-related purposes. It has already helped countless Filipinos, especially low- and middle-income earners, achieve homeownership. You may apply for it to purchase property, build a house, renovate your home, refinance an existing loan, or even combine loan purposes.
So, how much is the Pag-IBIG Housing Loan amount that members can borrow? The loanable amount varies, but according to the Fund, the maximum has recently been raised from P6 million. To P10 million.
The Fund determines the Pag-IBIG Housing Loan amount based on the borrower’s income and the value of the collateral. To qualify, the member-borrower must meet the following criteria:
- Active Pag-IBIG Fund member with at least 24 months of savings
- Not more than 65 years old at the time of loan application and not more than 70 years old at loan maturity
- No Pag-IBIG housing loan previously foreclosed, cancelled, bought back, or voluntarily surrendered
- Legal capacity to acquire and encumber real property
- Updated payments if with existing Pag-IBIG Housing account or Short-Term Loan (STL)
It is also important to note that the following are not acceptable under the Pag-IBIG loan program:
- Lot area less than 28 sq. m.
- Condominium floor area less than 18 sq. m.
- Properties with road right of way less than 1.5 meters
- Land classified for non-residential use
- Residential buildings not compliant with the National Building Code, PD958, or BP220
Before applying for the loan, it is wise to check the Pag-IBIG Housing Loan interest rate as well. Meanwhile, if you wish to proceed with the loan application, make sure to prepare the required documents. The requirements vary depending on the purpose of the loan application.