Value of home loans released Pag-IBIG Fund 2017-2022
The Pag-ibig Fund or the Home Development Mutual Fund in the Philippines released approximately 117.85 billion Philippine pesos of home loans in 2022, indicating a significant increase from the previous year.
The program aims to provide financial support for its members to fund the purchase of residential lots and housing units, improvements and repairs, as well as house construction. It also offers multi-purpose loans and voluntary savings program.