Bring Your Ideal Gapan City, Nueva Ecija House To Reality Through The PAGIBIG House Loan

Running out of budget and in immediate need for a new roof? PAGIBIG got you covered. Well of course, not everyone can successfully be granted with a housing loan since the agency also has to protect its assets by filtering the applicants that seeks their aide. This can be frustrating and time consuming most especially when you are going out of options to purchase the Gapan City, Nueva Ecija dream house that you have always wanted. To help save yourself from the hassle, it pays well if you first research on the protocols being followed by the agency such as who the qualified members are and what the limitations of the loan are.

Obtaining a housing loan in PAGIBIG is easy if you have the adequate knowledge about it. Before you apply, you must first know that you can be a member either with the help of your Gapan City, Nueva Ecija developer or by applying on your own. If you are seeking assistance from a property developer, you can either have a buyback guarantee agreement with them or not.

The PAGIBIG housing loan covers almost everything when it comes to every Filipino’s housing problems. It can help you acquire a fully-established Gapan City, Nueva Ecija lot which should not go beyond a hundred square meters, house and lot, or a condominium unit. It can also help you pay for renovations and improvements on your property and a lot more options. However, before everything else, you must first ensure that you are qualified to apply for these benefits.

To check your eligibility, you should fall under a couple of qualifications. First, you should be a PAGIBIG member (overseas or local) and a contributor for 24 successive months. Your age should not go beyond 65 years old and must be insurable. You must not have an unsettled housing loan or any bad housing loan track record regardless if you are a co-borrower or a principal borrower. You must also pass the background check conducted by PAGIBIG to ensure that you have the capability to pay the dues. For the background check, the things that they’ll be checking are your credit status and your employment status—whether you have a stable source of income or not.