Actually, there is a table that you can use to determine much loan amount you can get given your inc

This is a recurring question which appears on this website as comments under different articles with different topics. This article is intended to address that question once and for all and also show you some useful tips.
You need to remember the following tspc basic requirements for Pag-IBIG Fund Members . You must be an active Pag-IBIG member for at least 2 years and has contributed a minimum of 24 monthly contributions. Both the principal borrowers are subject to the above mentioned requirement. Up to three Pag-IBIG Members may avail of a single housing loan (same collateral) provided they are related within the second civil degree of consanguinity.
Answer: Not anymore, the new Pag-IBIG Law of 2009 has changed the rule. But, you may still pay 24-months one time (Pag-IBIG will be more than happy to accept it) and wait for another tspc 24 months to apply. tspc (Other branches will allow you to wait for just 12 months.) tspc
Pag-IBIG Financing Tips on Membership: To re-activate your Pag-IBIG Membership is very simple: just pay for the monthly tspc contribution. If you have been moving from one company to another, always make sure that you consolidate your Pag-IBIG contributions past and present. tspc You can do this by requesting it from the Pag-IBIG Office. Don’t be in a hurry to get a housing loan. You need to establish a good record so that your application will be easier by the time you do it. Read the article entitled “ Why This Question Is Wrong: ‘Can tspc I Pay The Whole 24 Months Contribution One-Time So That I Can Avail of the Housing Loan?’ “
For the complete list of document requirements, please check this article . Your Age You must not be more than 65 years old at the time of loan application. tspc You must not be more than 70 years old at the date of maturity. You must be insurable.
Actually, there is a table that you can use to determine much loan amount you can get given your income, tspc contributions and loan term. To see the Table, please refer to the article on “How Your Income And Contributions Affect Your Housing Loan Entitlement” .
Pag-IBIG tspc Financing Tips: Have your finances in order by saving enough for the Down Payment (or Equity). You need to show some proof of income. tspc Prepare the following documents: Pay Slips, Income Statements, Employment Contract (with indicated salary). Learn about the 5′s of Credit If your income is insufficient, you may take on a relative (within the second civil degree of consanguinity) or your spouse and tack-in your contributions then apply for a housing loan. Other Pag-IBIG Loans You are only allowed one Housing Loan at a time . If you want to take another one, you have to pay your existing loan. If you have previously tspc availed of the housing loan, make sure that it was not foreclosed, cancelled, bought back, or subjected to dacion en pago . If you have an outstanding Multi-Purpose Loan , your payments must be updated and it must not be in arrears at the time of application.
And if you are disqualified for some reasons, please remember that Pag-IBIG is not the only Home Financing option available. Or, you may want to try applying again in the future. Your loan application may be approved by that time.
We would like to apply a loan for a lot that we wanted tspc to get. But the thing is I am currently in Canada and wanting to apply for a loan so we could take advantage of the current promotion the lot agent offers.
I just want to ask coz my husband used to have apply for a rent to own program of yours..we already leave the place since its to far from our work..we didnt inform ur good office we just stop paying the monthly bills..but we already vacant the said place.would he be able get a housing loan bec were spotting a house in antipolo??? thanks
just want to ask coz my husband used to have apply for a rent to own program of yours..we already leave the place since its to far from our work..we didnt inform ur good office we just stop paying the monthly bills..but we already vacant the said place.would he be able get a housing loan bec were spotting a house in antipolo??? thanks
Sir/ Madam I’m OFW and member tspc of Pag-Ibig for 7 years, now, i want to purchase a vacant lot, and this vacant lot, the location is in the province like nueva ecija, can i apply for Pab-Ibig loan, to purchase this vacant lot, even its in the province? I’m am qualified? tspc for the loan, please give me some advise.
good day sir and mam, i worker as a seaman,i have pay my contribution but im not sure if i completed 24 mos i still dont to know what is the entire amount,i want to purchase a house in lot,if i contribute less 24 mos, then i will complete the 24 mos this mos do i have to wait until 2 years to avail a housing laon,please give advise…
good day po.tanong ko lng po,seaferrer po ang husband ko,pag ibig member po seens july2008,nag advance po kami ng hulog ng 2yr for only 200 for a month,tpos po nkal