Pag-IBIG HEAL Loan — Home Equity Appreciation Loan, Eligibility, and Borrowing Against Your Property

The Pag-IBIG Home Equity Appreciation Loan (HEAL) allows existing housing loan borrowers to borrow against the equity built up in their Pag-IBIG-financed property.

How HEAL Works

As you pay down your housing loan and your property appreciates, equity builds up. HEAL lets you borrow up to 80% of that equity. Example: property worth P2M with P1M remaining loan balance = P1M equity, allowing up to P800,000 HEAL loan.

Eligibility

Existing Pag-IBIG Housing Loan that is active and not in default, at least 12 consecutive on-time payments, the same property secures the HEAL loan, combined monthly amortization not exceeding 50% of gross income, and no other Pag-IBIG loan in arrears.

Application

Log in to Virtual Pag-IBIG and select 'Apply for HEAL'. The system pre-fills your existing loan details. Enter the desired amount and repayment term (up to the remaining term of the original loan, max 30 years). Provide the purpose and upload updated property documents. Pag-IBIG conducts an appraisal. Approval takes 7 to 14 working days.

Advantages

Consolidated single monthly payment, lower interest rate than MPL (secured by real estate), extended repayment term up to 30 years, and no separate processing fees when applied through Virtual Pag-IBIG.