Not married? Qualify for a Pag-IBIG Housing Loan Through the Tacked Loan Program

Many Filipinos believe that a PAG-IBIG Housing Loan is only for married couples, but that's not always the case. Through PAG-IBIG Fund's Tacked Loan Program, eligible members can combine their incomes with qualified co-borrowers to increase their borrowing capacity and improve their chances of securing a housing loan. The program is particularly beneficial for single professionals, siblings, family members, and even qualified unmarried partners who want to purchase a home but may not meet the income requirement on their own. By "tacking" or combining incomes, borrowers can qualify for a higher loan amount while sharing the responsibility of repayment. Under PAG-IBIG guidelines, co-borrowers must meet the Fund's eligibility requirements and may be allowed to combine incomes depending on their relationship and ownership interest in the property. Qualified co-borrowers become jointly responsible for the housing loan obligation. The Tacked Loan Program opens more opportunities for Filipinos who are ready to own a home but are not yet married. Whether you're a young professional planning for the future, family members purchasing a property together, or qualified partners building a life together, PAG-IBIG's flexible financing options can help make homeownership more attainable. Before applying, prospective borrowers should consult with PAG-IBIG Fund or a housing loan specialist to determine their eligibility and understand the requirements for co-borrower arrangements. Source: Supreme Court E-Library