1 week Pag-IBIG to allow deferred, lower loan payments Manilatimes |Biz
Eduardo del Rosario. (Photo by Enrique Agcaoili) The Home Development Mutual Fund (Pag-IBIG Fund) has announced it is offering a loan restructuring program to allow housing loan borrowers to defer their payments until March 2021 and to lower their monthly payments. In a statement, Human Settlements Secretary Eduardo del Rosario said the agency was ready to grant home loan borrowers with lower monthly payments up to six months of payment relief, and waived penalties on unpaid monthly amortizations under its Special Housing Loan Restructuring Program (SHLRP) to help them better cope with the economic challenges brought ... more