Home Development Mutual Fund/Pag-IBIG Fund

Officer 09:00 AM, Oct 03, 2023

October 3, 2023

Dear myra,

Thank you for your request dated Sep 25, 2023 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Solo Parent Housing Loan Request.

We received your request on Sep 25, 2023 and will respond on or before Oct 16, 2023, in accordance with the Executive Order's implementing rules and regulations.

Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://foipmo09182019122230-dot-efoi-ph.appspot.com/requests/aglzfmVmb2ktcGhyHgsSB0NvbnRlbnQiEUhETUYtMzU0NzYwODY4MDQ5DA, for request with ticket number #HDMF-354760868049.

Thank you.

Respectfully,

FOI Receiving Officer
FOI Officer

Pimentel, Jr. 09:03 AM, Oct 03, 2023

03 October 2023

Dear MS. MYRA M. SENADOS,

This refers to your eFOI request received on 25 September 2023 sent via the eFOI portal of the Home Development Mutual Fund (Fund). In your request, you are inquiring on how to avail/apply for a “solo parent” housing loan and whether you can enter/apply your current home, for which you are making installment payments, through Pag-IBIG Housing Loan program.

Please be informed that the Fund currently offers different kind of loans (such as but not limited to short-term loan, multi-purpose loan, housing loan, calamity loan) however, it is important to note that there are no specific provisions exclusively tailored for solo parents at this time. 

For a step-by-step process/procedure on how to apply/avail a housing loan with the Fund, may we direct you to the ink provided below:

https://www.pagibigfund.gov.ph/Availmentofnewloan.html

For reference, the following are the requirements to qualify for the loan:

•	At least twenty-four (24) monthly membership savings (a lump sum payment of the required monthly membership savings is allowed);

•	Age of not more than sixty-five (65) years at the date of application and not more than seventy (70) years at maturity of the loan;

•	Legal capacity to encumber real property;

•	Ability to pass satisfactory background / credit and employment / business checks of Pag-IBIG Fund;

•	No outstanding Pag-IBIG Short-Term Loan (STL) in arrears at the time of the loan application;

•	No Pag-IBIG Housing Loan that was foreclosed, cancelled, bought back due to default, or subjected to dacion en pago.

•	If with an existing Pag-IBIG Housing Loan as a principal buyer / borrower or co-buyer / co-borrower, the account must be updated.

As to your inquiry on whether you can enter/apply your current home, for which you are making installment payments, through Pag-IBIG Housing Loan program, we deemed it proper to raise your concern to the matter to the Operating Unit Concerned (OUC) – the Housing Operations Support Unit (HOpS) through Assistant Manager Mr. Chris Arbert A. Sio. You may contact him through email at casio@pagibigfund.gov.ph or though telephone number 8422-3000 local 5181. 

In compliance with Section 6.6.1 of the Anti-Red Tape Authority (ARTA) Memorandum Circular No. 2019-002, series of 2019 entitled Guidelines on the Implementation of the Citizen’s Charter in Compliance with Republic Act 11032, otherwise known as the “Ease of Doing Business and Efficient Government Service Delivery Act of 2018,” and Its Implementing Rules and Regulations, may we kindly request your thoughts or feedback on how we can improve your experience by filling out the Feedback Form in this link: https://forms.office.com/r/A652CzriXW

Thank you.
 
ATTY. JOSE ROBERTO F. PO
Department Manager III, Legal Department and
Deputy Compliance Officer