Pag-IBIG Home Development Mutual Fund – Purpose, Functions, and Responsibilities
Pag-IBIG, or the Home Development Mutual Fund, is a government-owned and controlled corporation in the Philippines that provides housing loans, savings, and other financial services to Filipino workers. Pag-IBIG was created in 1978 with the primary objective of helping Filipinos attain their dream homes. Unlike other housing loan providers, Pag-IBIG offers longer repayment terms of up to 30 years and … Read more