The Home Development Mutual Fund (Pag-IBIG) has partnered with the Philippine Coast Guard (PCG) to expand access to essential housing and savings programs for over 34,000 officers and members across the country. This initiative underscores Pag-IBIG’s mission to support public servants through tailored financial and housing solutions.
Expanding Services to Uniformed Personnel
In a recent meeting between Pag-IBIG Fund Chief Executive Officer Marilene Acosta and PCG Admiral Ronnie Gil Gavan, several key programs were discussed to better serve the Coast Guard’s workforce. These include:
- Pag-IBIG Housing Loan Program
- Modified Pag-IBIG 2 (MP2) Savings Program
- 4PH (Pambansang Pabahay Para sa Pilipino Program)
- Acquired Assets Group Sale
- Pag-IBIG Loyalty Card Plus
CEO Acosta emphasized Pag-IBIG Fund’s commitment to helping uniformed personnel secure affordable housing and grow their savings. “We look forward to helping the gallant men and women of the Philippine Coast Guard in accessing their Pag-IBIG Fund benefits,” she said.
To facilitate this initiative, Admiral Gavan offered office space within the PCG compound to ensure easier and more direct access to Pag-IBIG services for Coast Guard personnel.
Affordable Housing Through Competitive Interest Rates
Pag-IBIG Fund continues to offer one of the lowest home loan interest rates in the market, reinforcing its strong financial position and public service mission. As of now:
- 3-year repricing period: 6.25% per year
- 1-year repricing period: 5.75% per year
- Special rate for minimum-wage earners: 3% per year
These rates remain significantly lower than the prevailing market rates of 6.82% to 8.78%, helping more Filipinos achieve homeownership goals without financial strain. This marks the second consecutive year that Pag-IBIG has maintained reduced rates, offering consistent support to public servants.
Strengthening Support for Public Servants
Through this partnership with the PCG, Pag-IBIG Fund reinforces its commitment to delivering accessible housing and financial programs to those who serve the nation. By bringing services closer to Coast Guard personnel, Pag-IBIG helps ensure that the benefits of its programs are fully realized—empowering uniformed Filipinos with greater financial stability and housing security.
