Many individuals aspire to build a home for their families at some point in their lives. Having a secure place to live and raise loved ones is a common dream. However, not everyone is able to fulfill this dream through the support of banks. In the Philippines, the government has established PAG IBIG, an agency that provides House Construction loans to Filipino workers. PAG IBIG House Construction Loan (Requirements, Calculator, Form) PAG IBIG evaluates the applicant’s area of interest, such as their plans for building their shelter, to ensure that the loan is used for its intended purpose and not spent elsewhere.
The process of getting a loan from PAG IBIG typically takes anywhere from two days to a few months to complete. Once your loan application is approved, you may receive more than 80% of your usual savings.
Can You Get Your House Construction Loan Easily From PAG IBIG?
Certainly, whether you are a novice or an existing member of PAG IBIG, you are eligible to apply for a PAG IBIG House Construction loan at any time. Once you have met the eligibility requirements for your loan, proceed to fill out your construction loan application form.
It’s the perfect time to eliminate the headaches from your life and put your energy into constructing a shelter for your family. You can accomplish your pretty challenge to comply with your dream and home construction.