by Info @Brand Zone | February 11, 2023
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Pag-IBIG Fund
Maaaring bisitahin ang official website ng Pag-IBIG sa www.pagibigfund.gov.ph o tumawag sa numerong 8-724-4244 ( 8-Pag-IBIG ).
Feel the Pag-IBIG: https://www.pagibigfundservices.com/virtualpagibig/
by Info @Brand Zone | February 3, 2023
Pag-IBIG Fund members collectively saved nearly P80 billion in 2022, setting yet another record for the highest amount saved by members with the agency in a single year, its top officials said.
In 2022, the amount collectively saved by Pag-IBIG members totaled P79.9 billion – the highest in the agency’s 42-year history. The total savings collected last year increased by 25%, or P16.2 billion from the P63.7 billion collected in 2021. Forming part of the total savings is the agency’s Pag-IBIG Regular Savings, which also increased by 6% from P37.71 billion in 2021 to P40.06 billion in 2022.
“The sustained growth in Pag-IBIG Members’ Savings collections has been truly remarkable. It denotes our members’ trust and confidence in our programs, and our capacity to manage each hard-earned peso they have saved with us. And, as our collections remain strong, we remain able to finance and maintain the low interest rates of our loan programs. These are among our many efforts in adhering to the call of President Ferdinand Marcos, Jr. towards advancing the welfare of our fellow Filipinos,” said Secretary Jose Rizalino L. Acuzar, who heads the Department of Human Settlements and Urban Development (DHSUD) and the 11-member Pag-IBIG Fund Board of Trustees.
Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta, meanwhile, noted that the agency’s popular MP2 Savings continues to drive the growth of its members’ savings. The voluntary savings program maintained its growth in 2022, as members saved a record-high P39.84 billion in the program, an increase of 53%, or P13.89 billion from the P25.95 billion collected in 2021.
“We are happy that we continue to gain the trust of our members, as shown by the record-high amounts that they have saved with us in 2022, as well as in the past years. This shows their growing appreciation of the value in saving with Pag-IBIG Fund. That is why we remain committed in responsibly and prudently managing their savings, so that we can provide them the best possible returns,” Acosta said.
LEARN MORE
Pag-IBIG Fund
Maaaring bisitahin ang official website ng Pag-IBIG sa www.pagibigfund.gov.ph o tumawag sa numerong 8-724-4244 ( 8-Pag-IBIG ).
Feel the Pag-IBIG: https://www.pagibigfundservices.com/virtualpagibig/
by Info @Brand Zone | January 27, 2023
Pag-IBIG Fund financed 18,657 homes for low-income and minimum-wage earners in 2022, its top officials announced Friday (January 27).
Socialized homes represent 18% of the 105,212 homes financed by the agency for 2022. The aggregate amount released for socialized housing loans, meanwhile, is 7% or P8.28 billion of the P117.85 billion released by the agency last year.
“I am happy to report that Pag-IBIG Fund continues to provide members from the low-income sector the means to own a home through the Pag-IBIG Affordable Housing Program. This shows its strong commitment in promoting inclusive growth by continuing to provide Filipino workers from underserved sectors with affordable shelter financing. All these are in line with the directives of President Ferdinand Marcos, Jr. in addressing the country’s housing backlog under the Pambansang Pabahay Para sa Pilipino Program,” said Secretary Jose Rizalino L. Acuzar, who chairs the Department of Human Settlements and Urban Development (DHSUD) and the 11-member Pag-IBIG Fund Board of Trustees.
Pag-IBIG Fund's Affordable Housing Program (AHP) is a special home financing program that caters to the needs of minimum-wage and low-income members earning not more than P15,000 per month within the National Capital Region (NCR) and those earning not more than P12,000 per month outside of NCR. Under the AHP, Pag-IBIG Fund offers a subsidized rate of 3% per annum - the lowest rate available in the market today - for socialized home loans worth up to P580,000 and socialized condominium units worth up to P750,000.
Pag-IBIG Fund Chief Executive Officer Marilene C. Acosta, meanwhile, said that special subsidized rates have been made available by the agency for its members from the minimum-wage sector since 2012, with the current 3% rate made available in May 2017.
“Through the years, the Pag-IBIG Affordable Housing Program has made it possible for low-income and minimum-wage earners to own a home. With the lowest rate offered in the market, our members can enjoy a low monthly payment of as low as P2,445.30 for a socialized home loan of P580,000 with a loan term of 30 years,” said Acosta. “And what’s more, borrowers under our AHP do not have to put out cash for equity because of its 100% loan-to-value ratio. This is in keeping of our commitment to uplift the lives of Filipino workers, especially those from the underserved sectors, through accessible and affordable shelter financing. Ito po ang aming panatang Lingkod Pag-IBIG para sa manggagawang Pilipino,” Acosta added.
LEARN MORE
Pag-IBIG Fund
Maaaring bisitahin ang official website ng Pag-IBIG sa www.pagibigfund.gov.ph o tumawag sa numerong 8-724-4244 ( 8-Pag-IBIG ).
Feel the Pag-IBIG: https://www.pagibigfundservices.com/virtualpagibig/
