• Pagibig Accredited House and Lot

  • Pagibig Accredited House and Lot
  • In 2017, Home Development Mutual Fund (HDMF) or simply, Pag-IBIG Fund, announced to provide more benefits to its partner developers so that more real estate developers in the country would enlist in its Pag-IBIG accreditation program. The said benefits will, of course, trickle down to the consumers, having wider choices when it comes to purchasing house and lots. Pag-IBIG accreditation would also mean that the Fund may attract more Filipinos to avail home loans. As of 2017, the Fund has more than 17.3 million members. However, only 4 to 5% of them avail housing loans and other financial facilities. Likewise, the Fund is targeting the huge percentage of the Filipinos who are still renting. The roll-out of benefits including the lowest interest rates compared to industry average rates aim to convince these people to own houses instead of rent.
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