PAG-IBIG FUND

1. Who are eligible?
The program is open to Pag-IBIG housing loan borrowers, whose places of business/work, or whose properties mortgaged with
the Fund, are located in areas placed under a state of calamity.
2. What are the eligibility requirements?
• The borrower’s housing loan account must be updated as of the month prior to the declaration of a state of calamity.
• A member-borrower shall not exceed the age of seventy (70) at the end of the loan term inclusive of the extended
 period.
• Said borrower is adversely affected by the calamity, or its after effects such that:
 - The housing unit for which the loan was procured is damaged; or
 - His source of income has been impaired.
3. How long is the loan moratorium?
Qualified borrowers shall be granted a three-month moratorium on housing loan amortization payments based on the
following:
• If the borrower has paid his amortizations before filing his application for the program, the moratorium period shall
 start on the nearest due date following the approval of his application; or
• In case the borrower has not yet paid his amortizations upon filing his application for the program which is still within
 the availment period, the moratorium period shall be reckoned from the nearest due date after the date of last payment
 made.
4. Is the housing loan account saved from incurring penalties during the moratorium period?
Yes. Housing loan payments shall be suspended during the moratorium period at no additional cost to the borrower. Thus, no
penalty or additional interest shall be charged during the moratorium period.
Payment of housing loan amortization shall resume on the month following the last month of the borrower’s moratorium
period.
5. What are the documentary requirements?
• Accomplish two (2) copies of Application for Moratorium on Housing Loan Amortization Payments (AMHLA)
• 2 valid IDs
• Employer/Barangay Certification
 Note: The Employer/Barangay Certification is incorporated in the application form to be signed by the Head of Office
 or authorized representative or Head of Barangay, whichever is applicable.
• Photo of damaged property/affected source of income
6. Where can the borrower file his application?
Applications for availment of the housing loan moratorium program can be filed with any Pag-IBIG Fund branch within ninety (90)
days from declaration of a state of calamity.
7. What will happen to the 3 months when loan payments were suspended?
The borrower’s loan term shall be extended equivalent to the moratorium period (3 months) but the housing loan
amortization, interest rate and other terms of the loan shall remain the same.
8. Can a member-borrower still avail of other Pag-IBIG benefits during the moratorium period?
Yes. The member-borrower can still avail of other Pag-IBIG benefits, MPL or Calamity Loan.
9. Does the moratorium include insurance payments?
No. The member-borrower shall be required to pay the premiums for the Mortgage Redemption Insurance (MRI) and Fire and
Allied Perils Insurance upon application for the moratorium. The premium payments shall be equivalent to the 3-month
moratorium period.
C

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