Pag-IBIG Home Equity Appreciation Loan (HEAL): Eligibility, Benefits, and Application

The Pag-IBIG Home Equity Appreciation Loan (HEAL) is a viable option for individuals who have been responsible in paying their housing loan promptly. Through this program, borrowers can avail of a low-interest loan based on the assessed net value of their mortgaged property with Pag-IBIG Fund.

Also read: How to Apply Multi-Purpose Loan from Pag-IBIG

This loan may be used to finance projects like home improvements, purchase of furniture and appliances, and even a car. The borrower-friendly terms and low-interest rates of the Pag-IBIG HEAL serves as a reward for their commitment in fulfilling their financial obligations to the organization, and presents them with a means to achieve their life goals.

home equity

Benefits of Pag-IBIG HEAL Program

Achieve your life goals with Pag-IBIG HEAL! Utilize the borrowed amount for a variety of purposes:

• Enhancing your home

• Boosting your business with additional capital

• Covering educational expenses

• Taking care of health and wellness needs

• Acquiring appliances, furniture, and electronic gadgets

• Managing utility and credit card bills

• Exploring travel and leisure opportunities

• Pursuing other important milestones

Seize the opportunity to fund your aspirations with Pag-IBIG HEAL!

home equity

Who is Eligible for the Pag-IBIG HEAL Program?

To be eligible for the Pag-IBIG HEAL program, you must meet the following criteria:

  1. You must be a borrower or installment buyer with an existing Pag-IBIG Housing Loan that has been approved or taken out for a minimum of five (5) years.
  2. You must have consistently made regular and timely payments within the last twelve (12) months prior to the application.
  3. You must be an active member of Pag-IBIG.
  4. You must not exceed sixty-five (65) years old at the time of application, or more than seventy (70) years old at loan maturity.
  5. You must have successfully passed our background/credit and employment/business checks.
  6. You should not have any outstanding Pag-IBIG Short-Term Loan (STL) payments in arrears at the time of application.

What is the process for applying for a Pag-IBIG HEAL?

To apply for Pag-IBIG HEAL online, you must follow these steps:

Step 1: Visit the Virtual Pag-IBIG website at Virtual Pag-IBIG to apply for a Pag-IBIG HEAL.

Step 2: Fill out the Pag-IBIG HEAL application form completely.

Step 3: Gather all the necessary requirements for the application.

Step 4: Upload the duly accomplished application form and the required documents through Virtual Pag-IBIG.

Step 5: Follow the instructions provided by Virtual Pag-IBIG for a hassle-free application process.


Also read: Pag-IBIG Fund Affordable Housing Loan Program for Minimum Wage Earners

What is the maximum loan amount for the Pag-IBIG HEAL program?

Under the Pag-IBIG HEAL program, you have the opportunity to borrow the net value of your mortgaged property with Pag-IBIG. However, there are four key considerations to keep in mind:

  1. Desired Loan Amount: The amount of money you wish to borrow.
  2. Capacity to Pay: Your ability to repay the loan.
  3. Loan-To-Value Ratio: This is calculated as 60% of the latest appraised value of your property, minus the total outstanding balance of any existing Pag-IBIG Housing Loan/s.
  4. Maximum Aggregate Loan Value: This is calculated as P6 million (six million pesos), minus the total outstanding balance/s of any existing Pag-IBIG Housing Loan/s.

Out of these considerations, the lowest amount will determine how much you can borrow through the Pag-IBIG HEAL program.

What is the repayment term for the Pag-IBIG HEAL?

The repayment term for the Pag-IBIG Home Equity Appreciation Loan (HEAL) are as follows:

  1. The loan repayment term of the Pag-IBIG HEAL is up to thirty (30) years.
  2. The borrower should not exceed the age of seventy (70) at the end of the loan term.
  3. The longer the repayment period, the lower the monthly payments, making the Pag-IBIG HEAL more affordable.

Make sure to pay off your Pag-IBIG Home Equity Appreciation Loan (HEAL) in a timely and responsible manner.


Does the Pag-IBIG HEAL provide insurance coverage?

The Pag-IBIG HEAL is protected by either a Mortgage Redemption Insurance (MRI) or a Sales Redemption Insurance (SRI), depending on the situation. Furthermore, the principal borrowers will also be safeguarded by an additional Non-Life Insurance (NLI) for the property. This coverage aims to provide protection against any unforeseen circumstances for both you and your beneficiaries.

What is the payment process for a Pag-IBIG HEAL?

For your convenience, you have the option to pay your Pag-IBIG HEAL online via Virtual Pag-IBIG or through the PAG-IBIG accredited collecting partners’ outlets or their online payment facilities. Moreover, to enhance the convenience of your payment schedule, the due date of your Pag-IBIG HEAL account will align with the due date of your existing housing loan.

TIPS and GUIDELINES for a Smooth Application Process

Here are some TIPS and GUIDELINES for a Smooth Application Process of PAG-IBIG Home Equity Appreciation Loan.

  1. Prepare all required documents in advance: Ensure you have all the necessary paperwork ready before starting the application process.
  2. Review eligibility criteria: Familiarize yourself with the requirements and qualifications for the Pag-IBIG Home Equity Appreciation Loan (HEAL) to determine if you are eligible.
  3. Double-check information: Verify that all the details provided in the application form are accurate and up to date to avoid any delays or complications.
  4. Seek assistance if needed: If you have any questions or need clarification during the application process, don’t hesitate to reach out to the appropriate channels for assistance.
  5. Submit the application promptly: Once you have completed and reviewed the application, submit it as soon as possible to avoid potential delays.
  6. Follow up on the status: Keep track of your application’s progress and follow up with the relevant authorities if necessary.
  7. Stay patient: Understand that the application process may take some time, so it’s important to remain patient and allow for any necessary processing periods.

Frequently Asked Questions

1. What is the Pag-IBIG Home Equity Appreciation Loan (HEAL)?

A: The Pag-IBIG Home Equity Appreciation Loan (HEAL) is a loan program offered by Pag-IBIG Fund that allows members to borrow against the equity of their residential properties.

2. How does the HEAL loan work?

A: The HEAL loan works by providing eligible Pag-IBIG members with a loan amount based on the appraised value of their property. This loan can be used for various purposes, such as home improvement, education, or medical expenses.

3. How long is the repayment term for the HEAL loan?

A: The repayment term for the HEAL loan can be up to 30 years, depending on the borrower’s preference and capacity to pay.

4. Can I use the HEAL loan to refinance my existing mortgage?

A: Yes, the HEAL loan can be used to refinance an existing mortgage. This can help borrowers manage their finances by consolidating their loans into one.

5. Can I prepay or settle the HEAL loan before the end of the loan term?

A: Yes, borrowers have the option to prepay or settle the HEAL loan before the end of the loan term. However, there may be prepayment penalties or fees, so it is advisable to check with Pag-IBIG Fund for the specific terms and conditions.


The Pag-IBIG Home Equity Appreciation Loan (HEAL) is a great option for responsible borrowers who have maintained regular housing loan payments. With a low-interest rate, the loan can be used for various purposes, including home improvements, purchasing appliances and furniture, and educational expenses.

The program offers flexible repayment plans, with online payment and accredited partners. The loan is backed by insurance coverage for protection against unexpected circumstances. Overall, Pag-IBIG HEAL provides eligible borrowers an opportunity to borrow based on the net value of their mortgaged property with Pag-IBIG Fund.

Contact Information

Phone: 02 8724 4244
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