00:00A record-breaking rise in the number of people applying for a housing loan in Pag-ibig.
00:05From January to August, the value of Pag-ibig's disbursed fund increased from P77.3 billion to P383 million compared to the previous year.
00:22Some of the reasons are the high number of Filipinos who are already aware of the program and the low home loan interest rate.
00:31Pag-ibig's delayed payments can reach up to a year, aside from condonation programs.
00:40This is why Pag-ibig's borrowers are updated on their monthly amortization because 40% of the country's real estate market is held by Pag-ibig.
00:56In Panayam sa Bagong Pilipinas Ngayon, Pag-ibig invited those who don't have a house yet to take advantage of the Pag-ibig Housing Loan Program.
01:07Now is the best time to borrow a housing loan from Pag-ibig Fund.
01:12Again, our rates are the lowest in the market.
01:16If you're a minimum wage worker, meaning earning less than P15,000, the interest rate of Pag-ibig Fund Home Loan is only 3%.
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