Presidential Communications Operations Office

  PIA Bldg, Visayas Ave, Diliman, Quezon City, Philippines
  Thursday, 12 December 2019 News Before 1 Feb 2012. Click for Latest
Web PIA  
Region R03 Submenu
Latest News
News Headlines
Foto Releases
One Luzon
Special Issues
Central Luzon Region

PIA Press Release
Friday, January 27, 2012

PAG-IBIG housing program restructures loans and waives penalties

by Rebecca Grace S. David

CITY OF SAN FERNANDO, Pampanga, Jan. 27 (PIA) -- Housing loan borrowers from the Home Development Mutual Fund, also known as PAG-IBIG, with at least three months of unpaid amortization or arrears, may apply for loan restructuring and waiving of penalties.

The restructuring of loans and penalty waiving for delinquent housing loan borrowers started on Jan. 2 and will extend until June 30.

Under the program, all penalties incurred by the borrower will be condoned. The borrower may also restructure his loan, the principal, insurance premiums arrears, real estate taxes, unpaid interests and foreclosure expenses.

Application for condonation should be filed not later than June 30. After this date, the borrower with arrears may only file for loan restructuring.

The program covers all delinquent housing loan borrowers whose accounts are at least three months in arrears.

Applicants for the program may visit the PAG-IBIG Office at the Suburbia Commercial Complex in Maimpis, or make inquiries at telephone nos. (045) 860-4490, 861-2684. (WLB/RGSD/PIA-3)

Latest Stories
  • Tagalog News: Libreng operasyon sa mata, ipagkakaloob sa mga may katarata, pugita (R03)
  • DOH gives free cataract operation to Bulakeños (R03)
  • Tagalog News: ‘A Day of Prayer,’ isinagawa sa Bulacan (R03)
  • ‘A Day of Prayer’ for Bulacan’s future (R03)
  • Tagalog News: CSC 3 patuloy na tumatanggap ng mga nominasyon para sa 2012 Search for Outstanding Public Officials and Employees (R03)
  • CSC 3 continues to accept nominations for the 2012 Search for Outstanding Public Officials and Employees (R03)
  • San Fernando to celebrate 11th Cityhood anniversary (R03)
  • Information saves lives (R03)
  • Tagalog News: Kabataang lumabag sa curfew, dadalhin sa Kanlungan Center (R03)
  • Youth curfew violators to stay overnight in Kanlungan Center (R03)
  • PNoy proclaims Feb. 3 a holiday in Bulacan (R03)
  • Tagalog News: Peb. 3, idineklara ni PNoy bilang isang non-working day sa Bulacan (R03)
  • Tagalog News: 7th ID Commander, may bagong misyon sa Western Visayas (R03)
  • 7th ID Commander gets new assignment in Western Visayas (R03)
  • Tagalog News: CSC 3 tumatanggap na ng mga aplikasyon para sa unang Career Service Paper and Pencil tests ngayong taon (R03)

    Philippine Official Gazette | Office of the President | Presidential Communications Operations Office
    For comments and feedback, please email PIA Newsdesk
    Copyright © 2005 Philippine Information Agency
    PIA Building, Visayas Avenue, Diliman, Quezon City 1101 Philippines