2. What is Pag-IBIG FUND? Pag– tutulungan sa Kinabukasan I– Ikaw B– Bangko I– Industriya G– Gobyerno

3. What is Republic Act 9679? An Act further strengthening the Home Development Mutual Fund, and for other purposes Was approved into law by Pres. Gloria Macapagal-Arroyo on 21 July 2009 Increased the scope of power and function of the Fund through the Board of Trustees who are appointed by the President of the Philippines Provided for the tax exemption status of the Fund Increased scope of mandatory membership coverage of the Fund

4. CORPORATE PROGRAMS 1. Membership Program 2. Provident Savings Program 4. Lending Programs 4.1. Multi-Purpose Loan 4.2. Calamity Loan 4.3. Home Lending 4.4.1. Retail 4.4.2. Institutional/Wholesale 3. Modified Pag-IBIG II Program

5. MEMBERSHIP PROGRAM Mandatory Coverage and Membership of Employees 1. All employees compulsorily covered by the SSS 2. All employees subject to mandatory coverage by the GSIS 3. Uniformed members of the Armed Forces of the Philippines, the Bureau of Fire Protection, the Bureau of Jail Management and Penology, and the Philippine National Police 4. Filipinos employed by foreign-based employers

6. MEMBERSHIP PROGRAM Mandatory Coverage of Employers 1. Employers of employees compulsorily covered by the SSS 2. Employers of employees subject of mandatory coverage by the GSIS 3. The Armed Forces of the Philippines, the Bureau of Fire Protection, the Bureau of Jail Management and Penology, and the Philippine National Police

7. MEMBERSHIP PROGRAM Voluntary Coverage 1.Spouses who devote full time to managing household and family affairs; 2. Filipino employees of foreign government or international organization, or their wholly-owned instrumentality based in the Philippines 3. Employees of an employer who is granted a waiver or suspension of coverage by the Fund under RA 9679

8. MEMBERSHIP PROGRAM Voluntary Coverage 4. Leaders and members of religious groups 5. A member separated from employment, local or abroad, or ceased to be employed, but would like to continue paying Pag-IBIG contributions 6. Public officials or employees who are not covered by the GSIS such as barangay officials 7. Other earning groups as may be determined by the Board

9. SALIENT FEATURES OF THE SAVINGS PROGRAM  Doubles/triples your money  Annual dividend earning  Portability of Savings  Return of Contributions  Government-guaranteed contributions  Tax-Free  Availment of loan programs (long and short-term)

10. EXISTING CONTRIBUTION RATES (since 1986) Monthly Compensation Contribution Rates EE ER P1,500 or less 1% 2% More than 1,500 2% 2% Maximum monthly compensation = P5,000.00 A member may be allowed to contribute more than what is required should he or she desire. The employer, however, shall only be mandated to contribute what is required unless he or she agrees to match the member’s increased contribution.

12. GROUNDS FOR WITHDRAWAL OF SAVINGS Upon the occurrence of any of the following contingencies, Pag-IBIG Fund guarantees the refund of a members’ accumulated savings, which consist of the member’s accumulated contributions, the employer counterpart contributions (if any) and the dividend earnings credited to the member’s account:  Retirement (ages 45, 60, and 65)  Death  Permanent and total disability or insanity  Permanent departure from the country  Separation from the service due to health reason

13. GROUNDS FOR WITHDRAWAL OF SAVINGS  Membership Maturity (20 years or 240 months of continuous contribution)  Optional Withdrawal  Other causes as may be approved by the Board

14. MULTI-PURPOSE LOAN (MPL) PROGRAM Short-term financial which can be availed by Pag-IBIG members for any of the following: a) minor home improvement b) livelihood c) medical d) educational e) purchase of appliance and furniture f) other needs

15. LOAN AMOUNT An eligible borrower's loan entitlement shall depend on the number of contributions made, based on the following schedule: No. of ContributionsLoan Amount 24-59 monthsUp to 60% of TAV 60-119 monthsUp to 70% of TAV At Least 120 monthsUp to 80% of TAV

16. INTEREST RATE 10.75% per annum for the duration of the loan. LOAN TERM Maximum period of twenty-four (24) months with grace period of 2 months for local accounts and 5 months for centralized accounts. LOAN RELEASE  Check  LBP Account  LBP Cash Card (in the pipeline)  Citibank Cash Card (in the pipeline)

17. 3. Auto-debit arrangements with banks 4. Collecting Agents (IRemit, Ventaja, Philippine National Bank, Asian United Bank, and Metro Bank) 5. Pag-IBIG Posts (in selected Middle East countries) 1. Salary deduction for employed members 2. Over-the-counter at Pag-IBIG Branches, for voluntary members LOAN PAYMENT

18. PIOG SATELLITE OFFICE Asia-PacificEurope Middle East 1.Singapore6. Rome 11. Abu Dhabi 2.Hongkong 7. Milan 12. Dubai 3.Brunei8. Athens13. Kuwait 4.Taiwan9. Madrid 14. Qatar 5.Korea10. London 15. Riyadh 16. Jeddah 17. Alkhobar 18. Bahrain

19. PENALTY RATE ½% of any unpaid amount for every month of delay. For borrowers paying their loans through automatic salary deduction, penalties shall be cancelled/reversed only upon presentation of proof that non-payment was due to the fault of the employer. The said penalties shall then be charged against the employer. LOAN RENEWAL Payment of at least six (6) amortizations

20. Borrower’s Eligibility  Member must have made at least 24 monthly contributions  With active Fund membership at the time of application with the commitment from both the employee and employer to continuously remit contributions at least for the term of the loan.

21. CALAMITY LOAN PROGRAM  80% of member’s total contributions  Resident of a declared calamity-stricken area  10.75% interest rate  payable in 2 years

22. WHAT IS THE MODIFIED PAG-IBIG II PROGRAM?  A voluntary savings program for Pag-IBIG members  Open to all Pag-IBIG I members and OFWs with a  Monthly gross income exceeding Php5,000.00  Rate of contribution : Php500.00  Term : five (5) years  Savings are entitled to a preferential dividend rate  Higher than that of Pag-IBIG I.

23. * Dividend Rate is 6%

24. Highest Loan to Collateral Ratio Lowest Interest Rate Longest Loan Term HOME LENDING PROGRAMS

25. LOAN PURPOSE The Pag-IBIG housing loan may be used to finance any of the following:  Purchase of a fully developed lot  Purchase of a residential house and lot, townhouse or  condominium unit;  Construction or completion of a residential unit on a lot owned by the member;  Home improvement;  Refinancing of an existing loan; and  Combination of loan purposes

26. BORROWER’S ELIGIBILITY  Must be a Pag-IBIG member for at least 24 months  Not more than 70 years old at loan maturity and must be insurable  Has the legal capacity to acquire and encumber real property  Has passed satisfactory background/credit and employment business checks of the developer and Pag-IBIG Fund  Has no outstanding Pag-IBIG loan, either as principal borrower or co- borrower  Had no Pag-IBIG housing loan that was foreclosed, cancelled, bought back or subjected to Dacion En Pago  Has no outstanding Pag-IBIG Multi - Purpose Loan in arrears at the time of loan application.

27. 1. capacity to pay (40% of NDI*) 2. Actual need 3. Loan-to-collateral Ratio 4. Contribution * Net Disposable Income Maximum of P3M, which shall be based on the lowest of the following: LOAN AMOUNT 1M 2M 3M

28. MONTHLY CONTRIBUTION LOAN ENTITLEMENT (Effective April, 2009) MONTHLY CONTRIBUTION LOAN ENTITLEMENT (Effective April, 2009) 200 500T850 1.7M - 1.8M 250 500T - 600T900 1.8M - 1.9M 300 600T - 700T950 1.9M - 2.0M 350 700T - 800T1,000 2.0M - 2.1M 400 800T - 900T1,050 2.1M - 2.2M 450 900T - 1.0M1,100 2.2M - 2.3M 500 1.0M - 1.1M1,150 2.3M - 2.4M 550 1.1M - 1.2M1,200 2.4M - 2.5M 600 1.2M - 1.3M1,250 2.5M - 2.6M 650 1.3M - 1.4M1,300 2.6M - 2.7M 700 1.4M - 1.5M1,350 2.7M - 2.8M 750 1.5M - 1.6M1,400 2.8M - 2.9M 800 1.6M - 1.7M1,450 2.9M - 3.0M LOAN ENTITLEMENT BASED ON CONTRIBUTION

29. SAMPLE COMPUTATION LOANINTERESTMONTHLY REQUIRED NDI PACKAGERATEAMORTIZATION(Amort / 40%) P400K6%P2,398.20P5,995.51 P750K7%P4,989.77P12,474.42 P1.0M8.5%P7,689.13P19,222.84 P1.5M10.5%P13,721.09P34,302.72 P2.0M10.5%P18,294.79P45,736.96 P2.5M11.5%P24,757.29P61,893.21 P3.0M11.5%P29,708.74P74,271.86

30. LOAN TERM Loan Amount Term Up to P3M Up to 30 yrs

31. HOUSING LOAN APPLICATION PROCESS 1. SUBMIT COMPLETE APPLICATION DOCUMENTS 2. CLAIM NOA/LOG (Notice of Approval/Letter of Guaranty) 3. SUBMIT DOCUMENTS FOR CHECK PROCESSING 4. LOAN RELEASE/TAKE-OUT5. PAY THE MONTHLY AMORTIZATION

32. THANK YOU! Our Contact Details: Servicing Department JELP Business Solutions Center 409 Shaw Boulevard Mandaluyong City Tel Nos. 724-4244 (PAGIBIG) 654-7230/654-9179 * * * * * * * * * * * * 6 th Floor Justine Bldg. No 317 Sen. Gil Puyat Avenue Makati City Tel Nos. 812-4731 loc. 110 892-4382 / 894-2195 Fax No: 893-8874 Website: www.pagibigfund.gov.ph