Pag-IBIG Fund raises housing loan limit to P10 million

MANILA, Philippines – Pag-IBIG Fund has raised its maximum housing loan amount per borrower to P10 million, providing middle-income and higher-earning Filipino workers access to affordable long-term home financing, particularly in Metro Manila and other highly urbanized areas, top officials announced on Monday. Pag-IBIG Fund said the move was made to further widen the reach of President Ferdinand R. Marcos Jr.’s flagship Expanded Pambansang Pabahay para sa Pilipino, or Expanded 4PH Program, and help address the oversupply of available housing inventory. READ: Housing loans in Visayas hit P4.4 billion as of April  The higher loan ceiling complements the program’s ongoing subsidized […]…

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المصدر: Inquirer (PH)