Pag-IBIG expands affordable home loans
‘Our total assets and net income have grown steadily, our collections remain healthy, and our members continue to save with us in record numbers.’
Daily Tribune‘Our total assets and net income have grown steadily, our collections remain healthy, and our members continue to save with us in record numbers.’
ALILING, Ramon P.
The Pag-IBIG Fund is expanding access to affordable home financing in line with President Ferdinand R. Marcos Jr.’s directive under the Expanded Pambansang Pabahay para sa Pilipino Program (Expanded 4PH).
The agency continues to offer a 3-percent annual subsidized rate for eligible socialized housing borrowers, promotional rates of 4.5 percent and 5.75 percent for low-cost to open-market homes, and a higher maximum housing loan amount of P10 million.
Department of Human Settlements and Urban Development Secretary Jose Ramon P. Aliling, who also chairs the Pag-IBIG Board of Trustees, said the financing packages are designed to benefit borrowers across income levels by keeping monthly payments affordable.
“Pag-IBIG’s promo rates are about making homeownership more affordable at a time when many Filipino families are carefully weighing the cost of buying a home,” Aliling said. “By lowering the monthly amortization, we help more workers qualify for home financing, support stronger housing demand and encourage more activity in the housing market.”
Under the Expanded 4PH program, eligible socialized housing borrowers may avail themselves of the 3-percent subsidized rate. A house-and-lot package worth P950,000 may have a monthly amortization as low as P4,005.
Qualified members may also access the 4.5-percent promotional rate for housing loans up to P4.9 million, while loans over that amount up to P10 million qualify for the 5.75-percent rate.
Aliling said affordable housing financing also stimulates economic activity by creating jobs and supporting industries linked to home construction.
Pag-IBIG chief executive officer Marilene C. Acosta said the agency’s below-market interest rates are supported by its strong financial position.
“We are able to offer these lower rates precisely because of our strong financial position,” Acosta said. “Our total assets and net income have grown steadily, our collections remain healthy, and our members continue to save with us in record numbers.”
In the first five months of 2026, Pag-IBIG collected P90.24 billion in member savings and released P55.26 billion in housing loans, financing 34,641 homes nationwide.
Acosta said the agency remains committed to balancing affordable home financing with the protection of members’ savings.
“Pag-IBIG’s housing and savings mandates are bound by one purpose — to help Filipino workers build financial security and achieve homeownership,” she said. “This balance allows us to deliver competitive savings returns and more affordable home financing at the same time.”
