03/06/2026
Pag-IBIG Fund raises housing loan limit to โฑ10M to serve more Filipino workers
โWith the higher โฑ10-million loan ceiling, Pag-IBIG Fund can now serve more members, especially Filipino workers who seek homes in higher price segments but still require long-term and affordable financing to own homes near their workplaces, schools and sources of livelihood. This move allows Pag-IBIG Fund to widen access to home financing across more income segments, to make decent and affordable housing more inclusive and accessible to more Filipino families,โ
Supports efforts to improve the take-up of available housing units, particularly in Metro Manila and other urban centers where there is an oversupply of ready-for-occupancy condominium units. The higher loan ceiling, combined with Pag-IBIG Fundโs long-term home financing, can make the purchase of these units more affordable for qualified members.
When housing prices, borrower capacity and affordable financing meet, more Filipino workers can finally own homes.
โAt Pag-IBIG Fund, serving first-time homebuyers and members who need subsidized support, as well as middle-income and higher-earning members who also need affordable long-term financing to buy homes for their families. Because of strong financial position, we are able to offer a higher loanable amount while keeping our housing loan rates not only affordable, but among the lowest in the market. With the higher loan ceiling, qualified borrowers now have even better access to home financing payable for up to 30 years, with interest rates that may go as low as 5.75% a year depending on their chosen fixing period. More importantly, this allows us to widen the reach of the Expanded 4PH Program so that more members, across more income segments, can gain access to decent and affordable homes, while eligible socialized housing borrowers continue to benefit from the 3% subsidized rate,โ
โFor many families, rent is already one of their biggest monthly expenses. Through Pag-IBIG Fundโs affordable housing loan terms, monthly amortizations for reasonably priced homes can be lower than rent in many urban areas. This is the value we want to give our members: instead of paying rent month after month, they can use their hard-earned income to pay for a home they can eventually call their own,
Pag-IBIG Fund emphasized that the higher maximum loan amount remains subject to credit evaluation, capacity-to-pay requirements, collateral appraisal and other housing loan guidelines to ensure that borrowing remains responsible and sustainable for members.
Officials said the higher loan ceiling strengthens Pag-IBIG Fundโs role in bridging available housing supply to actual homebuyer capacity, while encouraging developers to offer homes at prices that better match the income and financing ability of Filipino workers.
