Pag-Ibig allows its members to convert their existing housing loan or financing to Pag-Ibig provided that the monthly contributions must meet the minimum amount set by Pag-Ibig. In case you do not meet the minimum required contributions, you may update it by paying the lump sum amount. Then you must submit the required loan application documents and pay the transfer costs.
Related Real Estate FAQs
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- How can I avail of the Pag-Ibig Housing Loan?
- What are the requirements to qualify for a Pag-Ibig Housing Loan of the government?
- How can I protect myself from fraudulent or spurious real property sellers or property developers?
- Why are Pag Ibig members or borrowers required to attend Loan Counseling Sessions?