Saturday, March 21, 2009

Socialized Housing Loan Amount Adjustment

Good news to all would-be borrowers who have not yet availed of the Pag-IBIG's housing loan program or whose loan application has not been taken-out/ approved yet. A new development came out in response to the global economic crisis.

The socialized housing loan amount per advertised by VP Noli de Castro (P300,000 loan amount at 6% p.a. for 30 years maximum loan term, P1,800.00 monthly amortization) has been adjusted to P400,000.00. Which means the amortization range from loans more than P300,000.00 to P400,000.00 will have to lower (versus the former amortization rates).

Its implementation is retroactive January 2009.
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2 comments:

Lalchand Khatri said...

Great post...Its an excellent information Thank you so much...
Easy Personal Loans

March 21, 2009 at 4:34 PM
tagapagibig said...

You are welcome, and thanks likewise. By the way, we are still waiting for new developments in the coming weeks- adjustments to benefit the members-interested borrowers

April 14, 2009 at 11:49 PM

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