Pag-IBIG: P32.92B in home loans released in Q1 2026, up 9%

The Home Development Mutual Fund or Pag-IBIG Fund reported Tuesday it released P32.92 billion in home loans in the first quarter of 2026.

The amount was 9% higher than the P30.22 billion released in the same period in 2025.

The P32.92-billion in home loans financed 20,926 homes during the January to March 2026 period, higher than the 20,315 homes financed in the first quarter of last year, Pag-IBIG said in a statement. 

The bulk or P2.95 billion bankrolled socialized housing loans, up 68% year-on-year, which was equivalent to 3,439 units, up 92%.

Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Ramon Aliling said the higher home loan releases show the progress being made in carrying out President Ferdinand "Bongbong" Marcos Jr.'s directive to expand access to homeownership, while also helping stimulate economic activity through housing production.

"The efforts of the Marcos administration are bearing fruit. More Filipino workers are now gaining access to decent homes, and this is a clear step forward in fulfilling President Marcos' directive to make homeownership within reach of more families. Housing also creates jobs, supports construction and allied industries, and helps drive economic activity," said Aliling. 

Pag-IBIG Fund CEO Marilene Acosta said the agency remains focused on helping members own homes through monthly payments they can afford, while keeping Pag-IBIG Fund strong for future borrowers.

"What the Pag-IBIG Housing Loan gives our members is a real chance to own a home through monthly payments that are often lower than rent. Instead of spending on rent, our members are able to make payments toward a home they can call their own. The amount they save from lower monthly payments can then go to food, education, daily needs, and even to their Pag-IBIG Regular Savings and MP2 Savings. This matters most for our members from lower-income sectors, which is why we are glad to see more of them benefit through socialized housing," said Acosta.

"At the same time, Pag-IBIG Fund remains strong because our borrowers continue to pay responsibly. We thank them for keeping their accounts updated, because through their discipline, we are able to help more Filipino families own a home," added Acosta. — VDV, GMA News