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Bilang ng mga nag-aapply ng housing loan sa Pag-IBIG, tumaas
PTVPhilippines
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9/11/2024
Bilang ng mga nag-aapply ng housing loan sa Pag-IBIG, tumaas
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00:00
The number of people who apply for a housing loan in Pag-ibig has increased.
00:04
According to Pag-ibig, the value of the Disbursed Fund of Pag-ibig Fund reached Php 77.3 billion
00:11
from January to August through the housing loan.
00:15
It's more than Php 383 million compared to the previous year.
00:20
Some of the reasons for Pag-ibig's increase are the number of Filipinos who are aware
00:26
of the program and the low home loan interest rate.
00:30
Pag-ibig is also generous when it comes to delayed payments that can last up to a year
00:35
aside from condonation programs.
00:38
Because of this, out of 10 home loan borrowers, Pag-ibig's amortization period is updated.
00:45
The reason why Pag-ibig holds 40% of the real estate mortgage market in the country.
00:53
Pag-ibig also allows those who still don't have a home to take advantage of the Pag-ibig
00:59
Housing Loan Program like 30-year maximum payment terms.
01:03
Two borrowers can apply for a loan and can pay the principal loan amount early
01:10
without paying the pre-termination fee.
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