Pag-IBIG Cash Loan - Can I Apply For It If I Have Other Existing Loans?

Guide If You Can Apply for Pag-IBIG Cash Loan While Having Other Existing Loans or Not

PAG-IBIG CASH LOAN – Here is a guide if you can apply for the multi-purpose loan offer of Pag-IBIG Fund if you have other existing loans or not.

The Pag-IBIG Fund is now one of the turn-tos of many Filipinos as the government institution has a lot of offers. It is not anymore solely in the pursuit of helping its members achieve affordable housing.

Aside from the Pag-IBIG Housing Loan which it is greatly known of, the government institution also offers a calamity loan. It can greatly help most especially those who lost their livelihood due to a natural occurrence.

The government institution also offers a multi-purpose Pag-IBIG Cash Loan. You may apply for it if your purpose is apart from buying a residential property like a house and lot.

With regards to the eligibility in applying for the said cash loan offer, only a few was set. To qualify, the member must be:

having at least twenty-four (24) monthly membership savings
having sufficient proof of income

Since the Pag-IBIG Cash Loan is not the only offer of the government agency, there is really a chance that you will have other existing loans before applying for its multi-purpose loan offer. Can you still apply for it?

According to the government agency, a member with other existing loans can still apply for Pag-IBIG Cash Loan provided that they have updated payments for his or her existing loans. You may want to know how to apply for it and as well as the loanable amounts:

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