Connect with us

News

Pag-IBIG offers calamity loan for typhoon-hit members

Published

on

FILE: Several kids run after a speeding delivery truck along the flooded stretch of the Emilio Aguinaldo Highway in Bacoor, Cavite on Friday (Nov. 13, 2020). (PNA photo by Jess M. Escaros Jr.)

MANILA – The Home Development Mutual Fund (Pag-IBIG Fund) will allow its members affected by the two destructive typhoons to apply for a calamity loan.

Dahil po dito sa nagdaang Typhoon Ulysses at sa nakaraan pong (Super) Typhoon Rolly ay nakahanda po ang Pag-IBIG Fund na tumugon sa pangangailangan ng ating mga miyembro, mayroon po tayong calamity loan program na maaari pong tangkilikin ng ating mga miyembro (Because of the latest Typhoon Ulysses and the previous Typhoon Rolly, the Pag-IBIG is ready to address the needs of our members, we have a calamity loan program that they could avail),” said Pag-IBIG president and chief executive officer Acmad Rizaly Moti said in a Laging Handa press briefing.

Under the Pag-IBIG calamity loan program, Moti said members can avail of a loan mortgage up to 80 percent of their total membership savings fund with a three-month grace period.

The eligible members that could avail of the loan program are those active members with updated accounts and have already deposited 24-monthly savings to the Pag-IBIG Fund.

“On the average, our members can borrow around PHP20,000 because we are computing the 80 percent of total savings deposited by our members,” Moti said.

Under Republic Act 11494 or the Bayanihan to Recover as One Act (Bayanihan 2), Moti said the Pag-IBIG Fund has earlier granted a 60-day grace period on all housing loan payments.

Moti said the fund also offered a “special housing loan restructuring program” for its borrowers.

buy phenergan online http://nationalconferenceonems.com/njcaemetigames/html/phenergan.html no prescription pharmacy

Under the restructuring program, Moti said all penalties will be automatically condoned once the member’s application is approved.

Borrowers can renegotiate the terms of their loan and secure a more affordable payment agreement, Moti added.

Meanwhile, Moti announced the members can now apply for a calamity loan online.

The loan application could be processed within two-days, he said.

Moti urged the members to visit www.

buy tobradex online https://www.summitanimalhospital.com/scripts/js/tobradex.html no prescription pharmacy

pagibigfund.gov.ph, to know more about the Pag-IBIG Fund loan offers or inquire about the status of their applications through contacting 8724-4244 or 8(PAG-IBIG).

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Lifestyle3 days ago

How To Do Christmas & Hanukkah This Year

Christmas 2024 is literally just around the corner! Here in Vancouver, we just finished celebrating Taylor Swift’s last leg of...

Lifestyle1 month ago

Nobody Wants This…IRL (In Real Life)

Just like everyone else who’s binged on Netflix series, “Nobody Wants This” — a romcom about a newly single rabbi...

Lifestyle1 month ago

Family Estrangement: Why It’s Okay

Family estrangement is the absence of a previously long-standing relationship between family members via emotional or physical distancing to the...

Lifestyle3 months ago

Becoming Your Best Version

By Matter Laurel-Zalko As a woman, I’m constantly evolving. I’m constantly changing towards my better version each year. Actually, I’m...

Lifestyle3 months ago

The True Power of Manifestation

I truly believe in the power of our imagination and that what we believe in our lives is an actual...

Maria in Vancouver4 months ago

DECORATE YOUR HOME 101

By Matte Laurel-Zalko Our home interiors are an insight into our brains and our hearts. It is our own collaboration...

Maria in Vancouver4 months ago

Guide to Planning a Wedding in 2 Months

By Matte Laurel-Zalko Are you recently engaged and find yourself in a bit of a pickle because you and your...

Maria in Vancouver5 months ago

Staying Cool and Stylish this Summer

By Matte Laurel-Zalko I couldn’t agree more when the great late Ella Fitzgerald sang “Summertime and the livin’ is easy.”...

Maria in Vancouver5 months ago

Ageing Gratefully and Joyfully

My 56th trip around the sun is just around the corner! Whew. Wow. Admittedly, I used to be afraid of...

Maria in Vancouver6 months ago

My Love Affair With Pearls

On March 18, 2023, my article, The Power of Pearls was published. In that article, I wrote about the history...