THE Home Development Mutual Fund, commonly called the Pag-IBIG Fund, continues to offer more affordable home financing options for eligible homebuyers, its top officials said on Tuesday.
Housing Secretary Jose Ramon Aliling and Pag-IBIG CEO Marilene Acosta said this was in compliance with the directive of President Ferdinand Marcos Jr. to make homeownership more accessible to Filipino workers under the expanded Pambansang Pabahay Para sa Pilipino (4PH) program.
Acosta cited in particular Pag-IBIG’s 3-percent subsidized rate for eligible socialized housing borrowers, promotional rates of 4.5 percent and 5.75 percent for low-cost to open-market homes and higher maximum housing loan amount of P10 million.
Aliling, who also chairs Pag-IBIG’s board of trustees, said the broader market — from minimum-wage earners to middle-income workers — is benefiting from its subsidized rate of 3 percent per annum for eligible socialized housing borrowers and promotional rates of 4.5 percent and 5.75 percent per annum for low-cost to open-market homes by keeping monthly payments within reach.
“Pag-IBIG’s promo rates are about making homeownership more affordable at a time when many Filipino families are carefully weighing the cost of buying a home,” Aliling said.
“By lowering monthly amortization, we help more workers qualify for home financing, support stronger housing demand and encourage more activity in the housing market,” the housing czar said.
Pag-IBIG’s ability to offer below-market rates is a direct result of its strong financial position and prudent lending discipline, Acosta said.
“Our total assets and net income have grown steadily, our collections remain healthy, and our members continue to save with us in record numbers,” the Pag-IBIG chief executive said.
She added that the agency’s financial strength “allows it to pass on real savings to borrowers through lower monthly payments while continuing to grow the funds entrusted by its members.” The top officials said Pag-IBIG’s housing loan rates are structured to serve members across income segments.
They said eligible socialized housing borrowers may avail themselves of the subsidized 3-percent rate, including for a house and lot worth P950,000 with monthly amortization as low as P4,005, while qualified members may avail themselves of the 4.5 percent promo rate for low-cost housing loans above the socialized housing threshold up to P4.9 million and the 5.75-percent promo rate for loans above P4.9 million up to P10 million.
“Housing has a direct impact on the economy. Every home financed means work for builders, suppliers, transport providers, furniture makers, retailers and many other sectors connected to housing,” Aliling said.
Aliling and Acosta said the promo rates provide qualified members with more affordable monthly payments, amid expectations that recent benchmark rate adjustments may lead to higher commercial housing loan rates.
Citing Pag-IBIG’s performance in 2026, they said that in the first five months of the year alone, some 34, 641 homes have already been financed through housing loans out of the P90.24 billion, some P55.26 billion of it was released for the purpose.
These results, together with Pag-IBIG’s strong asset base and fiscal standing, further strengthen its capacity to sustain below-market housing loan rates while delivering competitive returns to members, they said.
