Comments on: Mortgage Loan Fundamentals

By: gerlyn

gerlyn — Fri, 13 Jan 2012 14:25:24 +0000

gud day sir,member po ako ng pag-ibig,ask ko lang po kung pwede ko po ba i-loan sa pag-ibig yung tittle ng lupa na sinanla ng mother ng asawa ng ate ko.gusto na po ng mother nya mkuha yung tittle ng lupa pro wala syang pera kya po sbi nya sa akin n ako nlang po mghanap ng paraan para mbayaran n yung nasanla nya,sayang po daw kc pgmaremate lang,500k lang po ang amt. 7hectare po yun, sa malungon,general santos city po yung place,.lupang taniman po yun..if pwde po anu po ba mga requirements?may business ako ngayon at malapit n akong mag 2yrs.member ng pag-ibig.pls.reply po sir,tnx po.

By: jeje

jeje — Tue, 06 Dec 2011 13:31:57 +0000

Hi admin, member ako ng pagibig for more than 2yrs na, ask ko lng kng mg loan ka para patayo ng bahay, pero ung lupa sa parent ko, pwede ba un? kung pwede naman… How long naman ung proseso ng requirements, OFW ako, uuwi ako ngayong Dec. for vacation, so I planned to build a house but my money is not enough so, plano ko kung pwede iloan ko sa pagibig ang kulang… Looking forward to your reply. Thanks!

By: KBaylon

KBaylon — Sat, 15 Oct 2011 17:30:27 +0000

Hi admin,

You’re doing a good job answering all these queries. My fiance and I are planning to get married next year and intend to buy a condo unit. Here are my questions:

1. Are my fiance and I entitled to a housing loan as individuals? Or will PAG-IBIG treat us as one? Meaning, can we for example loan P6M (P3M for each of us assuming max is approved)? Or just P3M?

2. We’ve been working for 10 years now but for different employers (3 different companies). We are still eligible right because rule said we should be members for at least 24 months or have made 24 monthly contributions. We’ve made more than that. We were told kasi before that it has to be contributions, meaning no gaps. Eh we’ve had 3-4 months vacations t in between jobs within 10 years. Please tell us we’re still eligible!!

3. We’re both starting work with a new employer. My fiance’s monthly salary is P35,000 while mine is P100,000. If i understand the Loan Entitlement table right, I am entitled to max of P3M loan (based on P100,000 monthly salary) or should it be monthly salary less taxes?

Sorry i have a lot of questions – our Human Resources officer does not know a thing! Looking forward to your reply. Many thanks!

By: nikka

nikka — Wed, 12 Oct 2011 07:59:43 +0000

hello ADMIN..
i just want to ask if possible bang ma loan namin yong lot na hinulugan namin sa tiyahin ko worth 1M? we already paid my aunt 1/4 of the total amount ng lot & she want us na e loan nlang sa PAG-IBIG so we could pay her the remaining balance… querry ko po sir, can we use the lot tittle to have a LOAN kahit hindi pa na transfer sa name namin?

By: rommel bay

rommel bay — Mon, 19 Sep 2011 09:32:42 +0000

I have a property that is loaned to PAGIBIG. I wanted to give this property to a friend and he will assume the loan, he is also a PAGIBIG member. what are the requirement to transfer my loan to his account? thank you.

By: Mrs D

Mrs D — Sat, 17 Sep 2011 14:38:45 +0000

Hello Admin,
I would just like to ask a question coming from an individual seller. We have our property for sale and the buyer has applied for a loan with Pagibig to pay us in full. We helped him with all the requirements and he was able to get a loan approved. We were also given a copy of the letter of guaranty from Pagibig which is real good news for us and the buyer. However, my question is this. One of the requirements is for buyer to submit the TCT under their name and a deed of sale in their favor. If we give the original title to the buyer and sign the deed of sale as if we have been paid, what is our protection? I mean, from the time he has the title changed under his name and the time he submits this to Pagibig as check release requirement, what is our protection? Are there instances that the buyer had the title changed to his name, has a copy of the deed of sale and yet does not pursue his loan…he then becomes the owner of the property leaving us unpaid? We will appreciate your guidance, we really want to sell the property but we would also like to be protected. Thank you.

By: leinad

leinad — Thu, 16 Jun 2011 19:23:22 +0000

hi admin.

i would just like to ask if i could take out a bank loan to cover the 20% equity and then apply a pagibig loan for the 80% balance?

By: ymico

ymico — Mon, 16 May 2011 06:10:02 +0000

i’m a 1 year old member of pag ibig, and im planning to increase my contribution as much as php 1000 a month. what beneficial should i get from doing this? tnx in advanced.

By: MERCEDES II P. RECLA

MERCEDES II P. RECLA — Fri, 13 May 2011 07:47:57 +0000

How many months does it takes for the approval of a housing loan? let say Home improvement… when will know the notice of approval or dis approval? thanks

By: aira

aira — Wed, 27 Apr 2011 07:42:58 +0000

hi admin i just want to assume a property actually from my tita which 2 years n di nahuhulugan sa PAG-IBIG. . .

question. . . is there any instances b n ung property eh maremata???

just want to make sure lang kc i want to finish 1st the payment on the part of my tita then afterwards pay the arear of the property and continue its monthly payment. . .

TNX ADMIN 4 THE RESPONSE GODBLESS