Pag-IBIG 4PH Housing Loan Program: 3% Interest Rate for 2025
Pag-IBIG 4PH Program offers 3% housing loan interest rate for first-time homebuyers earning below P47,856 (NCR) or P34,686 (outside NCR) and all OFWs.
Pag-IBIG Fund has launched the Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, offering a special 3% annual interest rate for the first five years of housing loans. This makes homeownership more accessible to millions of Filipino families.
Program Overview
| Feature | Details |
|---|---|
| Interest Rate | 3% per annum (first 5 years) |
| Maximum Loan | Up to property price ceiling |
| Down Payment | None required (100% financing) |
| Target Beneficiaries | Low to middle-income families, OFWs |
Who Can Apply?
Income Requirements
| Location | Maximum Monthly Income |
|---|---|
| NCR (Metro Manila) | Below ₱47,856 |
| Outside NCR | Below ₱34,686 |
| OFWs | All income levels |
Eligibility Criteria
- First-time homebuyer (never owned a home before)
- Active Pag-IBIG member
- Meet income threshold for your location
- OR be an Overseas Filipino Worker (any income level)
What Properties Can You Purchase?
Socialized Housing
| Property Type | Maximum Price |
|---|---|
| House and Lot | Up to ₱850,000 |
| Condominium | Up to ₱1,800,000 |
Additional Financing
| Purpose | Amount |
|---|---|
| Home Improvement | Up to ₱100,000 |
| Utility Connections | Included |
| Home Fixtures | Included |
Key Benefits
100% Loan-to-Value Ratio
- No cash equity required
- Full property price can be financed
- Immediate homeownership access
Low Interest Rate
- 3% annual rate for the first 5 years
- Subsidized by Pag-IBIG Fund
- One of the lowest government housing rates
Expanded Coverage
- Horizontal housing (house and lot)
- Vertical housing (condominiums)
- Pag-IBIG Acquired Assets included
Program Coverage
The Expanded 4PH Program covers borrowers from:
- Lowest income segments
- Up to the 7th income decile
- All OFWs regardless of income
Who Benefits Most?
| Sector | Eligible |
|---|---|
| Private-sector workers | Yes |
| Government employees | Yes |
| Uniformed personnel | Yes |
| OFWs | Yes (all income levels) |
| Self-employed | Yes |
| Informal-sector workers | Yes |
Developer Commitment
Private developers have committed to building over 250,000 socialized housing units nationwide under the Expanded 4PH Program, significantly accelerating the government’s housing efforts.
How to Apply
Step 1: Check Eligibility
- Verify your monthly income against thresholds
- Confirm first-time homebuyer status
- Ensure active Pag-IBIG membership
Step 2: Find Accredited Projects
- Look for 4PH-accredited housing developments
- Choose between house-and-lot or condo
- Check location and amenities
Step 3: Visit Pag-IBIG Branch
- Bring valid ID and income documents
- Get pre-qualification assessment
- Receive list of requirements
Step 4: Submit Requirements
- Complete application form
- Submit income documents
- Provide property documents from developer
Required Documents
For Employed Borrowers
- Certificate of Employment and Compensation
- Latest 3 months payslips
- ITR or BIR Form 2316
For Self-Employed Borrowers
- DTI/SEC Registration
- Latest ITR with BIR receipt
- Audited Financial Statements
For OFWs
- Employment Contract (POEA-certified)
- Recent payslips or remittance records
- OFW ID or passport
General Requirements
- Valid government ID
- Proof of billing address
- Pag-IBIG MID number
- Birth certificate
Frequently Asked Questions
What happens after the 5-year 3% rate period? The interest rate adjusts to Pag-IBIG’s prevailing housing loan rate, which is still competitive compared to commercial banks.
Can I apply if I already own a property? No, this program is exclusively for first-time homebuyers who have never owned a residential property.
Is the 3% rate available for all Pag-IBIG housing loans? No, only for properties under the Expanded 4PH Program that meet the price ceilings.
Can I use this for a property I already found? The property must be part of an accredited 4PH development project. Check with Pag-IBIG for the list of accredited projects.
What if I’m slightly above the income threshold? You may still qualify for regular Pag-IBIG housing loans, which have competitive rates starting at 6.375%.
Why This Matters
The 3% interest rate under the Expanded 4PH Program:
- Makes monthly payments more affordable
- Reduces total interest paid over loan term
- Enables families to own homes sooner
- Supports the Bagong Pilipinas housing vision
Next Steps
- Check your income against the thresholds
- Visit Pag-IBIG website for accredited projects
- Consult with Pag-IBIG at your nearest branch
- Prepare your documents early
For the latest information, visit the official Pag-IBIG Fund website or call 8724-4244.