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PAG-IBIG REPORTS BIGGEST HOME LOAN RELEASE, HIGHEST INCOME IN 2017
February 8, Pag-IBIG Fund Chairperson Eduardo D. del Rosario announced that the
state-run housing agency has broken previous records in home loan disbursements and
income in 2017. He spoke before hundreds of stakeholders who attended Pag-IBIG Fund’s
2017 Chairman’s Report held at the Philippine International Convention Center in Pasay City.
“2017 was a record-breaking year for Pag-IBIG Fund. It was a year that each of us can be
proud of. 2017 reaffirmed Pag-IBIG Fund’s standing as a strong and reliable partner of
Filipino workers and other stakeholders. As Pag-IBIG Fund’s contribution to the pro-poor
agenda of President Rodrigo Roa Duterte, homeownership was made even more affordable
especially to the low-income earners,” said Secretary del Rosario, who also heads the
Housing and Urban Development Coordinating Council (HUDCC).
He said that Pag-IBIG Fund released P65.1 Billion in home loans in 2017, the highest ever
housing loan takeout in its 37-year history. This is the first time that the agency breached the
P60-Billion mark. The amount was disbursed to 80,964 Pag-IBIG members last year.
Secretary del Rosario also reported on the financial standing of Pag-IBIG Fund. For 2017,
Pag-IBIG Fund recorded an all-time high gross income at P43.33 Billion. Secretary del
Rosario said that Pag-IBIG Fund reached P30.27 Billion in net income in 2017 – the highest
net income it ever recorded and its first time to hit the P30-Billion mark. Pag-IBIG Fund also
recorded its highest ever total assets at P488.74 Billion.
Pag-IBIG members will benefit from such strong financials since bulk of Pag-IBIG Fund’s net
income will be credited to Pag-IBIG members in the form of dividends. For 2017, Secretary
del Rosario said that if Pag-IBIG Fund will have the same pay out as in 2016 at 90%, it may
credit to members’ accounts P27.29 Billion in dividends – the biggest amount ever credited
by Pag-IBIG Fund.
In 2017, Pag-IBIG Fund also posted its highest ever members’ savings collection at P36.3
Billion, and multi-purpose loan releases at P45.37 Billion.
“Every year, we make a point to apprise all our stakeholders of Pag-IBIG Fund’s
accomplishments. That’s why we hold the Chairman’s Report. This year’s Chairman’s Report
is filled with good news because 2017 was the best year ever for Pag-IBIG Fund. We want
our stakeholders to know that we are working hard for them. Our strong financials and
record-breaking housing loan takeout benefit primarily our members. That’s what Lingkod
Pag-IBIG is all about. We’ve reached our targets, and we’ve done it with flying colors! We’ve
set so many new records and we will continue to bring Pag-IBIG Fund to far greater heights!”
said Pag-IBIG Fund Chief Executive Officer Acmad Rizaldy P. Moti.
Readmore . . . http://www.pagibigfund.gov.ph
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Pre-Qualifying Questions▲
Pag-ibig Houses in Cavite▲
How to Buy▲
Step 1 – Contact us
Step 2 – Site visit
Step 3 – Reserve a Unit
Step 4 – Pay monthly DP/Equity
Step 5 – Personal appearance
Step 6 – Submit requirements
Step 7 – Loan process
Step 8 – Loan take-Out
Step 9 – House inspection
Step 10 – Move-in
Required Upon Reservation▲
- 2 Valid Government ID
- 1 Month Payslip
- 1 Proof of Billing
- 1 Pag-IBIG Contribution Printout (ESAV)
- Reservation Fee
- 1 Valid ID
- 1 Job Contract
- 1 Proof of Billing
- 1 Notaraized SPA Form
- 1 Pag-IBIG Contribution Printout (ESAV)
- Reservation Fee
- Valid ID
- Latest financial Statement
- 1 Pag-IBIG Contribution Printout (ESAV)
- Reservation Fee
Personal Requirements▲
- 4 pcs. 1 x 1 ID picture
- Birth Certificate (if single)
- Marriage Certificate (if married)
- Death Certificate (if widow / widower)
- Proof of Billing Address
- Certificate of Tenancy
- Valid ID of Landlord (if renting)
- 2 Valid ID (Government issued)
- Approved MSVS
- Special Power of Attorney
- Valid ID of Atty-in-fact
- Residence Certificate/ Cedula
- Postdated Checks (DP & Amortization)
Video▲
HDMF or Home Development Mutual Fund Pag-IBIG Housing Loan Program Courtesy by Pag-ibig.
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