Pag-IBIG Fund Bacolod Housing Business Center Department Manager Wilmer Lirazan said that for the first three quarters of 2023, Pag-IBIG Fund has financed 68,211 housing loans in the country with an overall total of P88.3 billion.

Lirazan also praised the residents of Panay Island for achieving 92 percent in the Performing Loans ratio and only showing that they are excellent payee of the Pag-IBIG Fund loans. 

Further, in a press release, Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Rizalino L. Acuzar said that Pag-IBIG Fund remains at the forefront of in-home financing as it accounts for nearly 40 percent of the total home mortgages in the country. 

“This shows that it continues to fulfill its mandate by providing affordable home financing to Filipino workers and effectively stimulating the housing industry. These are all in line with the call of President Ferdinand Marcos, Jr. to provide our fellow Filipinos with better and dignified lives,” Acuzar added.

According to the Pag-IBIG Fund, they have already granted P111.35 billion in house loans from January to September to help pay for the purchase of 83,063 housing units. 

It consists of P23.05 billion in loans allowed for 14,852 borrowers and is now available for release upon submitting post-approval requirements. 

The same activity was also conducted by Pag-IBIG Fund Bacolod Housing Business Center in the city in September 2022 and June this year. (AGP/PLF/PIA Capiz)