The Pag-IBIG Fund Home Saver Programs provide our Housing Loan borrowers
with options to deal with missed payments.

HOUSING LOAN RESTRUCTURING
PLAN OF PAYMENT
PENALTY CONDONATION

Learn more about each program below



Spread your unpaid monthly amortizations across your remaining loan term. You may also get a chance to reduce your monthly payment by lengthening your loan term.

  • Open to ALL Housing Loan borrowers, including beneficiaries of GLAD Program, except the following:

    - Housing loans with cancelled Contract-to-Sell (CTS)

    - Foreclosed accounts that are already sold to another individual

    - Foreclosed accounts that are already owned by Pag-IBIG Fund

  • Interest rate shall be based on Pag-IBIG Fund’s Full-Risk Based Pricing Framework for restructured loans
  • Maximum loan term: 30 years, but should not exceed the difference between borrower's age and age 70

1. Submit Loan Restructuring Application Form and requirements.

2. Request for your Statement of Account to get Loan Restructuring Evaluation Sheet.

3. Once your Application has been reviewed and encoded by our Lingkod Pag-IBIG personnel, a Payment Order Form will be generated for down payment.

4. After your application has been signed by the Approving Authority, you will be asked to sign the supporting documents.

* For Contract-to-Sell (CTS) accounts, a Real Estate Mortgage (pre-signed) will be generated.

5. Congratulations! You have successfully applied for your Housing Loan Restructuring. Just wait for a call from our Lingkod Pag-IBIG personnel to notify you of the status of your application.

  • Duly Accomplished Application for Loan Restructuring (HQP-HLF-001)
  • Updated Real Estate Property Tax (REPT) Receipt or Tax Clearance and Tax Declaration (Land and Building)
  • Proof of income

    a) Latest one month Payslip and Certificate of Employment and Compensation (if employed)

    b) Income Tax Return (ITR), Audited Financial Statements, and Official Receipt of tax payment from bank supported with DTI Registration and Mayor’s Permit/Business Permit (if self-employed)

    (Please refer to the Checklist of Requirements for Application for Loan Restructuring (HQP-HLF-703) for other acceptable documents as proof of income)

  • Special Power of Attorney (HQP-HLF-317), if with Authorized Representative



Settle your unpaid amortizations and other dues more affordably through an installment plan.

  • Open to ALL Housing Loan borrowers, with at least three (3) months arrears/unpaid amortizations.
  • Pay your unsettled dues for up to six (6) months

1. Submit Plan of Payment Application Form and requirements.

2. Request for your Statement of Account to get Notice of Approval and Promissory Note.

3. Once your Application has been reviewed and encoded by our Lingkod Pag-IBIG personnel, it will be endorsed to the Approving Authority for signature.

4. A Payment Order Form will be generated for down payment, and you will be asked to sign the supporting documents.

5. Congratulations! You have successfully applied for Plan of Payment. Just wait for a call from our Lingkod Pag-IBIG personnel to notify you of the status of your application.




Revalue your property based on its appraised value and avail discounts based on your preferred settlement mode.

Features:

  • Open to ALL Housing Loan borrowers with more than twelve (12) months arrears/unpaid amortizations, provided that the account is not yet cancelled, foreclosed, or owned by Pag-IBIG Fund
  • Enjoy these Discount Rates!

    • Cash payment: 30%
    Six (6) months installment: 20%
    Twelve (12) months installment: 10%
    Via Pag-IBIG Housing Loan: 5%

1. Submit Loan Restructuring Application Form and requirements.

2. Request for your Statement of Account/ Updated Collateral Appraisal Report to get Evaluation Sheet.

3. A Payment Order Form will be generated for down payment, and you will be asked to sign the supporting documents.

4. Once your Application has been reviewed and encoded by our Lingkod Pag-IBIG personnel, it will be endorsed to the Approving Authority for signature.

5. Congratulations! You have successfully applied for your Housing Loan Revaluation. Just wait for a call from our Lingkod Pag-IBIG personnel to notify you of the status of your application.

  • Through Housing Loan (For Original Borrower)
    • Duly accomplished Housing Loan Application for Revaluation (HQP-HLF-169)
    • Updated Real Estate Property Tax (REPT)Receipt/Tax Clearance and Tax Declaration (Land and Building)
    • Proof of income

      a) Latest one month Payslip and Certificate of Employment and Compensation (if employed)

      b) Income Tax Return (ITR), Audited Financial Statements, and Official Receipt of tax payment from bank supported with DTI Registration and Mayor’s Permit/Business Permit (if self-employed)

      (Please refer to the Checklist of Requirements for Settlement of Obligation under Non-Performing Assets Resolution Program (NPARP) Through Housing Loan (For Original Borrower (HQP-HLF-707) for other acceptable documents as proof of income)

    • Notarized Special Power of Attorney (HQP-HLF-317), if with Authorized Representative
    • One (1) valid ID with signature (photocopy, back-to-back) of Principal Borrower and Spouse, Co-borrower, and spouse, if applicable
  • Special Power of Attorney (HQP-HLF-317), if with Authorized Representative
  • Through Cash Payment
    • Duly accomplished Offer to Settle Form (HQP-HLF-165)
    • Updated Real Estate Property Tax (REPT)Receipt/Tax Clearance and Tax Declaration (Land and Building)
    • One (1) valid with signature (photocopy, back-to-back) of Original Borrower

      (Please refer to the Checklist of Requirements for Settlement of Obligation under Non-Performing Assets Resolution Program (NPARP) (Through Cash Payment (HQP-HLF-705) for other acceptable documents for Representative of Original Borrower, for Legal Heir/Representative, for Successor-in-interest/Representative, for Buyer/Assignee/Representative)

  • Through Installment Payment
    • Duly accomplished Offer to Settle Form (HQP-HLF-165)
    • Updated Real Estate Property Tax (REPT)Receipt/Tax Clearance and Tax Declaration (Land and Building)
    • One (1) valid with signature (photocopy, back-to-back) of Original Borrower.

      (Please refer to the Checklist of Requirements for Settlement of Obligation under Non-Performing Assets Resolution Program (NPARP) (Through Cash Payment (HQP-HLF-706) for other acceptable documents for Representative of Original Borrower, for Legal Heir/Representative, for Successor-in-interest/Representative, for Buyer/Assignee/Representative)

  • Through Housing Loan (For Legal Heir/Successor-In-Interest)
    • For Legal Heir
      • Duly accomplished Letter of intent (HQP-HLF-201)
      • Updated Real Estate Property Tax (REPT)Receipt/Tax Clearance and Tax Declaration (Land and Building)
      • Last Will and Testament or Extra-Judicial Settlement of Estate (if title is in name of borrower) or Proof of Relationship (if title is in name of developer)
      • Affidavit of Publication (if title is in name of the borrower)
      • Proof of Surviving Legal Heirs (HQP-PFF-030)
      • Notarized Special Power of Attorney (SPA) of other Family Members of the Legal Heir)
      • Duly accomplished Housing Loan Application (HQP-HLF-068)
      • One valid ID with signature (photocopy, back-to-back) of Legal Heir
      • Notarized Special Power of Attorney (SPA) of the Legal Heir, if with Authorized Representative
    • For Successor-in-interest
      • Duly accomplished Letter of intent (HQP-HLF-201)
      • Updated Real Estate Property Tax (REPT)Receipt/Tax Clearance and Tax Declaration (Land and Building)
      • Deed of Absolute Sale with Assumption of Mortgage (if the title is in name of borrower)/Deed of Transfer of Rights (if title is in name of developer)
      • Duly accomplished Housing Loan Application (HQP-HLF-068)
      • One valid ID with signature (photocopy, back-to-back) of Original Principal Borrower and Successor-in-interest
      • Notarized Special Power of Attorney (SPA) of the Successor-in-interest, if with Authorized Representative



Waive ALL penalties and additional interests incurred by fully updating or fully paying your housing loan account.

Features:

  • Open to ALL Housing Loan borrowers with at least three (3) month arrears/unpaid amortizations, provided that the account is not yet cancelled, foreclosed, or owned by Pag-IBIG Fund
  • No processing fees required

1. Submit Penalty Condonation Application Form and requirements.

2. Request for your Statement of Account to get Computation Sheet.

3. Once your Application has been reviewed and encoded by our Lingkod Pag-IBIG personnel, it will be endorsed to the Approving Authority for signature.

4. A Payment Order Form will be generated for Full Updating/Full Payment, and you will be asked to sign the supporting documents.

5. Congratulations! You have successfully applied for your Penalty Condonation. Just wait for a call from our Lingkod Pag-IBIG personnel to notify you of the status of your application.

  • Duly accomplished Application for Condonation of Penalties/Additional Interests (HQP-HLF-540)
  • Updated Real Estate Property Tax (REPT)Receipt/Tax Clearance and Tax Declaration (Land and Building) (if the mode of settlement is through full updating)
  • One valid ID with signature (back-to-back) of Principal Borrower and Spouse and Co-Borrower and Spouse (if applicable)
  • Notarized Special Power of Attorney (SPA) of the borrower/s and spouse, if with Authorized Representative