If you are like most people, the first question that you will be asking yourself when inquiring about a property would be: where will I get the money to finance my dream home?
Don’t fret, today is your lucky day because we will detail the new benefits that you can avail of from our partner, Pag-Ibig Fund.
There are three more common uses for the Pag-Ibig Fund: housing loan, short-term loan, and provident savings.
- Housing loan is the most popular benefit that members avail of from Pag-Ibig. Pag-Ibig offers cheaper and more affordable loans in the form of lower interest rates and longer payment terms. A qualified member can get a loan of up to PHP3 million pesos.
- Short-term loans come in the form of calamity and multi-purpose loans. Calamity loans can be availed if members are affected by calamities, as the term suggests, such as fire or floods. Multi-purpose loan, on the other hand, can be used for various reasons such as financing a business or paying for a tuition fee.
- Provident savings – this benefit would allow you to earn interest rates on your contributions when they come to maturity.
As a Pag-Ibig member, it is good to know these kinds of availment so you can maximize the benefits that it can offer.
If you want to avail of the Pag-Ibig Housing Loan and want a reliable partner who can seamlessly deal with Pag-Ibig and at the same time, the developer of the property you want. Abba Realty will help you find your dream property and assist you with your Pag-Ibig enquiries.