Bilang ng mga nag-aapply ng housing loan sa Pag-IBIG, tumaas
Bilang ng mga nag-aapply ng housing loan sa Pag-IBIG, tumaas
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NewsTranscript
00:00The number of people who apply for a housing loan in Pag-ibig has increased.
00:04According to Pag-ibig, the value of the Disbursed Fund of Pag-ibig Fund reached Php 77.3 billion
00:11from January to August through the housing loan.
00:15It's more than Php 383 million compared to the previous year.
00:20Some of the reasons for Pag-ibig's increase are the number of Filipinos who are aware
00:26of the program and the low home loan interest rate.
00:30Pag-ibig is also generous when it comes to delayed payments that can last up to a year
00:35aside from condonation programs.
00:38Because of this, out of 10 home loan borrowers, Pag-ibig's amortization period is updated.
00:45The reason why Pag-ibig holds 40% of the real estate mortgage market in the country.
00:53Pag-ibig also allows those who still don't have a home to take advantage of the Pag-ibig
00:59Housing Loan Program like 30-year maximum payment terms.
01:03Two borrowers can apply for a loan and can pay the principal loan amount early
01:10without paying the pre-termination fee.