A qualified Pag-IBIG member shall be allowed to borrow an amount up to a maximum of Six Million Pesos (Php 6,000,000.00), which shall be based on the lowest of the following: The Member’s Actual Need, His Loan Entitlement Based On Capacity To Pay, The Loan-To-Appraisal Value Ratio The availability of the loan package for over P3M to P6M shall be limited by the Fund’s annual funding...
There are a lot of properties in the marketplace most especially here in Philippines that offers PAG-IBIG Financing as one of their primary financing option. Big question will you qualify? Here are the things you need to know for you to become eligible in getting a PAG-IBIG Housing Loan. To qualify for a Pag-IBIG housing loan, a member shall satisfy the following requirements: On Pag-IBIG...
There are some reasons why most people prefer to get a PAG-IBIG Housing Loan rather than getting a BANK HOUSING-LOAN below are the advantages and of PAG-IBIG Housing Loan vs Bank Housing Loans. Advantages of PAGIBIG Housing Loan 1. PAG-IBIG Offers Longer Terms than Bank In most cases during your house hunting when you are on the verge of deciding to get your dream house on a monthly basis. You’ll...
How Real Estate Beats Life Insurance? 1. You can earn Good income in rental investments in real estate. Insurance only earns thru investments yields depending on market performance. 2. Real Estate is a legacy asset which you can transfer from generation to generation. Insurance only once. You – > Your Family 3. Aside from the two advantages, Real estate increases its value over time and its...
As an alternative to a bank loan, is in-house financing the right option for you when buying your dream home? It depends… What is in-house financing? A: In-house financing is taking out a loan directly from the property developer to acquire a condominium, a townhouse, or a house and lot. Compared to a bank loan, in-house financing is less stringent on the requirements and the approval process. Who...