Pag-ibig Accredited House and Lot

06/08/2019 Property for sale

Price: 9000.00 US$

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Description

In 2017, Home Development Mutual Fund (HDMF) or simply, Pag-IBIG Fund, announced to provide more benefits to its partner developers so that more real estate developers in the country would enlist in its Pag-IBIG accreditation program.

The said benefits will, of course, trickle down to the consumers, having wider choices when it comes to purchasing house and lots.

Pag-IBIG accreditation would also mean that the Fund may attract more Filipinos to avail home loans. As of 2017, the Fund has more than 17.3 million members. However, only 4 to 5% of them avail housing loans and other financial facilities.

Likewise, the Fund is targeting the huge percentage of the Filipinos who are still renting. The roll-out of benefits including the lowest interest rates compared to industry average rates aim to convince these people to own houses instead of rent.

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