Update for March 28, 2014: Pag-IBIG’s Non-Performing Asset Resolution Program (NPARP) has been extended. Please contact Pag-IBIG directly for more details (source: Pag-IBIG website)
If you have failed to pay your Pag-IBIG housing loan’s monthly amortization in the past (at least 3 months), this might be your last chance to stop the foreclosure of your home through Pag-IBIG’s Housing Loan Restructuring and Penalty Condonation Program.
This program which started last January 2, 2012 is about to end. The deadline for filing applications for the Pag-IBIG Loan Restructuring and Penalty Condonation Program is on June 30, 2012.
Pag-IBIG Loan Restructuring and Penalty Condonation Program details
To learn more about the program, you may click on the following link to download HDMF Circular 300. This circular is from Pag-IBIG’s website and covers the guidelines for the implementation of the loan condonation program.
Source: www.pagibigfund.gov.ph
Got questions?
If you have questions about the Pag-IBIG Loan Restructuring and Penalty Condonation Program, you may contact Pag-IBIG directly through the following:
- Telephone: 724-4244
- Email: publicaffairs@pagibigfund.gov.ph
Stop foreclosure now!
Remember, the program will end on June 30, 2012. If you bought your home through a Pag-IBIG housing loan and you are in danger of facing foreclosure, you better act now and file your application before it’s too late. Otherwise, your home might end up getting included in the next listing of Pag-IBIG foreclosed properties for sale.
What if my mortgage loan is not with Pag-IBIG?
If you are facing foreclosure and your property’s mortgage loan is NOT with Pag-IBIG, please refer to the following article for some tips on how to stop the foreclosure of your home:
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To our success and financial freedom!
Jay Castillo
Real Estate Investor
PRC Real Estate Broker License No. 3194
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