Pag-IBIG Fund Increases Housing Loan Cap to P10 Million

The Pag-IBIG Fund has raised its housing loan ceiling to P10 million, a move aimed at helping more members afford homes amid rising property prices. The new limit, effective immediately, replaces the previous maximum of P6 million. Officials stated that the adjustment reflects the agency's commitment to providing greater access to affordable housing financing. Members with sufficient savings and monthly contributions can apply for loans up to the new cap, subject to standard credit evaluation criteria.