QUALITY Elegant House and Lot for Sale Pampanga City of San Fernando, Montana
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Home > Financing Options

Financing Schemes in Housing Loan

Choose your Financing Options - There are 3 popular financing options here in the Philippines when a buyer/investor would like to loan a certain amount. These are In-house financing, Bank Financing, and Pag-IBIG Financing.


In-house Financing - you get to borrow money (or loan for your balance) "internally" or from the developer itself
  • Advantages - easy approval; no or minimal background check; developers are more flexible/easy to talk with when it comes to late payments.
  • Disadvantages - shorterm term (usually max is 10 years); highest interest rate (can go as high as 18%)

Bank Financing - you borrow money from a bank to pay off your balance from the developer.
  • Advantages - longer term than in-house financing (can go upto 15 to 20 years in some banks) ; lower interest rate than in-house financing (usually from 6.88 % to 12%)
  • Disadvantages - very strict when it comes to approval and late payments (can foreclose your property easily)


Pag-IBIG Financing - you borrow money from HDMF (given that you are a member) to pay off your balance from the developer.
  • Advantages - longest term offered (upto 30 years max) ; lowest interest rates (as low as 6.5% to 11.5%)
  • Disadvantages - strict when it comes to approval and late payments (can foreclose your property easily)

Who Are Qualified for a Housing Loan?

Must be Filipino citizen.
  • Must be presently working.
  • Must not be more than 50 yrs.
  • Must be 18 yrs. – 50 yrs. old.
  • No pending legal cases.
  • No problem with marital status.
  • No unpaid credit cards or unpaid loan account.
If Buyer is a Filipino Immigrant, must have a Dual Citizenship.
For OFW, he/she must not working in a war-torn countries.

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​Contact: Joeylene Berja
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Email: joeyleneberja19@gmail.com
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