Pag-IBIG home loans jump 20%

Pag-IBIG Fund financed 68,514 homes worth P111.29 billion in the first nine months of 2026, up from 59,789 worth P93.03 billion a year earlier, according to Human Settlements Secretary and Pag-IBIG Fund chairman Jose Ramon Aliling.

This was a 15-percent increase in the number of units and 20-percent over the loan releases in the same period last year, as financing for socialized housing nearly tripled under the Marcos administration’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program.

Socialized housing posted stronger gains, with the number of homes financed for minimum wage and low-income members jumping 173 percent to 10,904 from 3,987. Financing for these homes likewise rose 172 percent to P12.10 billion from P4.45 billion, increasing their share of total housing units financed to nearly 16 percent from seven percent.

Aliling said the figures showed that President Ferdinand Marcos Jr.’s directive to make affordable housing accessible to more Filipinos was producing results, while expanded loan options were also benefiting middle-income members.

Under the Expanded 4PH, qualified socialized housing borrowers may avail of a subsidized 3-percent interest rate. Eligible middle-income members can access promotional rates of 4.5 percent and 5.75 percent, as well as housing loans of up to P10 million.

Pag-IBIG Fund also released P5.93 billion in financing for housing developments under the program in the first nine months, up 172 percent from P2.18 billion a year earlier.

The agency has partnered with property developers, including Amaia Land, Avida Land, DMCI Homes, Federal Land, Filinvest Land, Megaworld Corp., PH1 World Developers, Robinsons Land, Rockwell Land and SMDC, to expand housing choices across price ranges.

Its partnership with the Bases Conversion and Development Authority also aims to bring homes closer to workplaces in New Clark City.

Pag-IBIG Fund CEO Marilene Acosta said the growth in housing loans, investments in housing development, and partnerships with developers was helping more Filipino workers afford homes.

She said qualified minimum wage and low-income members could benefit from monthly payments that may be lower than rent, leaving more room in household budgets for other needs.

The agency’s efforts were also reflected in the second National Housing Expo held on 19 and 20 October at the SMX Convention Center in Pasay City.

Organized by the Department of Human Settlements and Urban Development and Pag-IBIG Fund, the event drew 30,425 attendees, up from 19,215 last year, and featured more than 80 partner developers offering over 50,000 housing units.

Housing inquiries reached 44,567, compared with 8,698 last year, while 1,262 units were reserved.