How to Loan in Pag-IBIG: A Comprehensive Guide

The Pag-IBIG Fund, also known as the Home Development Mutual Fund (HDMF), is a government agency that provides affordable housing loans and other financial services to its members. If you’re looking to finance a home, a car, or a business, getting a loan from Pag-IBIG might be a good option for you. In this article, we’ll walk you through the process of how to loan in Pag-IBIG, including the requirements, application process, and payment terms.

What are the Types of Loans Available in Pag-IBIG?

Pag-IBIG offers various types of loans to its members, including:

Multi-Purpose Loan

The Multi-Purpose Loan (MPL) is a short-term loan that can be used for a variety of purposes, such as home renovation, debt consolidation, and emergency expenses.

Calamity Loan

The Calamity Loan is a type of loan that is available to Pag-IBIG members who have been affected by natural calamities, such as typhoons, earthquakes, and floods.

 Housing Loan

The Housing Loan is a long-term loan that is intended for the purchase, construction, or renovation of a house or a lot. This type of loan is available to both new and existing members of Pag-IBIG.

How to Apply for a Loan in Pag-IBIG?

To apply for a loan in Pag-IBIG, you need to follow these steps:

Step 1: Check Your Eligibility

Before you can apply for a loan in Pag-IBIG, you need to make sure that you are eligible. To be eligible for a loan, you need to be an active member of Pag-IBIG for at least 24 months, have made a minimum of 24 monthly contributions, and have no outstanding Pag-IBIG loans.

Step 2: Choose the Type of Loan You Want

Once you’ve determined your eligibility, you need to choose the type of loan you want to apply for. Make sure to select the loan that best fits your needs and financial situation.

Step 3: Gather the Required Documents

To apply for a loan in Pag-IBIG, you need to prepare the following documents:

  • Pag-IBIG Loan Application Form
  • Proof of Income (e.g., payslips, certificate of employment, ITR)
  • Valid IDs
  • Tax Identification Number (TIN)

Step 4: Submit Your Loan Application

After you’ve gathered all the necessary documents, you can now submit your loan application to the nearest Pag-IBIG office. You will be asked to pay a processing fee, which is usually around Php 1,000.

 How to Repay Your Pag-IBIG Loan?

To repay your Pag-IBIG loan, you need to follow these steps:

Step 1: Check Your Payment Schedule

Pag-IBIG offers flexible payment terms for its loans, which can range from 6 months to 30 years, depending on the type of loan you availed. Make sure to check your payment schedule so you can plan your budget accordingly.

Step 2: Choose Your Payment Method

Pag-IBIG offers various payment methods for its loans, such as salary deduction, post-dated checks, and over-the-counter payments. Choose the payment method that is most convenient for you.

Step 3: Make Your Loan Payments On Time

It’s important to make your loan payments on time to avoid penalties and late fees. You can monitor your payments by checking your account on the Pag-IBIG website or by visiting a Pag-IBIG office.

H2: FAQs

Q: Can I apply for a Pag-IBIG loan if I’m not yet a member?

A: No, you need to be an active member of Pag-IBIG for at least 24 months before you can apply for a loan.

Q: How much can I borrow from Pag-IBIG?

A: The amount you can borrow depends on the type of loan you want to avail and your capacity to pay. You can use the Pag-IBIG loan calculator to estimate your loan amount.

Q: Can I use my Pag-IBIG contributions as my down payment for a housing loan?

A: Yes, you can use your Pag-IBIG contributions to pay for the down payment of your housing loan.


Getting a loan from Pag-IBIG can be a good way to finance your dreams, whether it’s to buy a house, start a business, or cover emergency expenses. By following the steps outlined in this article, you can learn how to loan in Pag-IBIG and take advantage of the benefits of being a Pag-IBIG member. Remember to always make your payments on time to avoid penalties and late fees.

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