Lingkod Pag-IBIG · 2020. 3. 6. · Pag-IBIG Fund Snapshot 14.03 Million Active Members ₱567.8B Total Assets 133 Branches Nationwide 23 Posts Worldwide as of June 2019 as of June

Lingkod Pag-IBIG:Tapat na serbisyo, mula sa puso.

Fermin A. Sta. Teresa Jr.Senior Vice President, Business Development Sector

CREBA (Chamber of Real Estate & Builders’ Associations, Inc.)28th CREBA National Convention

Waterfront Hotel, Cebu City / 10 October 2019

Pag-IBIG Fund Snapshot

14.03 MillionActive Members

₱567.8BTotal Assets

133Branches

Nationwide

23Posts Worldwide

as of June 2019

as of June 2019

as of June 2019

₱40.27BMembership Savings

2018

₱28.23B2018 Dividends

₱33.17B2018 Net Income

HIGHEST EVER!

6.91%2018 Dividend Rates

Pag-IBIG 1

7.41%MP2

MEMBERSHIP SAVINGS

(2012 – 2018)

HIGHEST EVER!

Members Savings

reached the

₱40 Billion Markfor the first time!

₱36.3B

2017 201820162015201420132012

₱32.8B

₱30.7B

₱28.1B₱26.1B

₱24.1B

₱40.3B

11%

11%

7%

9%7%

8%

HOUSING LOANS RELEASED

(2012 – 2018)

2018 LOAN VALUE

₱75.3B

90,3752018 No. of BORROWERS

HIGHEST EVER!₱65.1B

2017 201820162015201420132012

₱57.3B

₱43.9B₱40.6B

₱33.9B₱31.8B

₱75.3B

16%

14%

30%

8%

19%

7%

As of September 2019, 58.76B = 84.88B (annualized) or 13% Growth Rate

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

2019 Performing Loans Ratio(Corporate-wide)

79.80%78.95%

76.52%

75.00%

78.42%80.86%

84.45%

89.07%89.52%

90.23%

90.6%

As of June

2019

*exclusive of RTF, PEJF and SCRUR

2012 2013 2014 2015 2016 2017

Net IncomeGross Income

₱13.25B

₱14.45B

₱16.25B

2018

₱43.33B

₱38.26B₱34.19B

₱30.15B₱29.45B₱25.25B

₱20.54B

₱25.01B

₱30.27B

9%

12%26%

22%

21%10%

₱33.17BILLION

₱48.40BILLION

17% 2%13%

12%

13%

2012 – 2018 GROSS & NET INCOME

11%

F I N A N C I A L H I G H L I G H T S

2017 201820162015201420132012

₱28.23B


2012 – 2018 DIVIDEND PAYOUT

₱9.28B₱10.11B

₱11.35B₱14.25B

₱22.30B

₱27.29B

3%

12%9%

22%56%

26%

2012 2013 2014 2015 2016 2017

4.17% 4.08% 4.19%

4.84%

6.93%

7.61%

4.67% 4.58%4.69%

5.34%

7.43%

8.11%

Modified Pag-IBIG 2 Savings (MP2)Regular Pag-IBIG Savings

2018

DIVIDEND RATES

7.41%Regular

Pag-IBIG Savings

P.A.

6.91%

Modified Pag-IBIG 2 (MP2) Savings

P.A.


2012 – 2018 DIVIDEND RATES

10

2018 HOUSING LOAN TAKEOUTby Loan Package (Loan Value)

Economic (81%)Above P450 K to P3M

Medium Cost (3%)Above P3M to P4M

Socialized (14%)Up to P450,000

Open Market (2%)Above P4M to P6M

Economic

Socialized

Medium Cost

P75.31B

P10.71B

P61.02B

P1.88B

Loan Value

Open Market

P1.70B

11

Economic (68%)Above P450 K to P3M

Medium Cost (0.71%)Above P3M to P4M

Socialized (30%)Up to P450,000

2018 HOUSING LOAN TAKEOUTby Loan Package (No. of Units)

Open Market (0.45%)Above P4M to P6M

90,375Total

No. of Units

Economic

61,884

Socialized

27,444

Medium Cost

639

Open Market

408

Five Year Projection

Particulars 2020 2021 2022 2023 2024 Total

Assuming 10% growth from 2018 accomplishment

Target HL

ReleasesP92.11B P101.23B P111.25B P122.27B P134.40B P561.26B

Housing Units

(In Thousands)110.543 121.478 133.506 146.737 161.292 673.556


Target HL


Housing Units

(In Thousands)120.716 138.644 159.261 182.971 210.237 811.829


Target HL


Housing Units

(In Thousands)131.327 157.353 188.584 226.061 271.034 974.359

*Housing Units are derived from target HL Releases and

Average Loan Value as of December 2018.

Pag-IBIG FUND SHAREHOUSING SECTOR ACCOMPLISHMENTS

NUMBER OF UNITS FINANCED AND PRODUCED(1987 – 2018)

44%OF TOTAL

NO. OF UNITS

FINANCED AND

PRODUCED

1,430,319

*HUDCC data

Housing

Loan

ProgramsMaking home-ownership within the reach of every Filipino families

HOUSING LOAN

PROGRAMS

▪ Affordable Housing

▪ End-user Financing / Regular Housing Loan

▪ Take-out Facility for Developer (490 accredited Developers as of August 2019)

▪ Institutional Loans

▪ Acquired Assets Disposal Program

▪ Pag-IBIG Led (CHI, Home-matching, Needs-matching)

AffordableHousing Loan

• For Minimum-wage Earners

• Loan up to ₱750,000

• 30-Year Maximum Loan Term

STILL

THE LOWESTINTEREST RATES

EVER!

2018 LOWEST EVER INTEREST RATES

Affordable Housing Loan

3%per

ANNUM

Up to

₱580,000For a 32 sq.m. residential unit

in a horizontal housing project

*at 3% interest rate p.a., 30-year term. Interest rate will be re-priced after 5 years.

**Certificate of Engagement may be submitted as Proof of Income for members under Other Working

Groups

Loanable amount AmortizationRequired Maximum GMI

(Regions) (NCR)

₱580,000.00 ₱2,445.30* ₱12,000 ₱15,000

₱750,000.00 ₱4,740.51** ₱14,000 ₱17,500

Up to

₱750,000For a 24 sq.m. socialized

condominium projects

RegularHousing Loan

• Loan up to ₱6Million• Multiple Housing Loan

• 30-Year Max imum Loan Term

RegularHousing Loan

• H i g h e r L o a n - t o - V a l u e R a t i o1 0 0 % LT V – f o r s o c i a l i z e d h o u s i n g p a c k a g e9 5 % LT V - L o a n s u p t o 1 . 7 M9 0 % LT V - L o a n s o v e r 1 . 7 M

• M i n i m a l p e n a l t y c h a r g e s o n d e l i n q u e n t a c c o u n t s

• L i b e r a l l o a n r e s t r u c t u r i n g p o l i c y

LOWEST EVER INTEREST RATES

STILL

THE LOWESTINTEREST RATES

EVER!

Regular Housing LoanRates per Re-Pricing Period

1-Yr Fixing 5.375%

3-Yr Fixing 6.375%

5-Yr Fixing 6.875%

10-Yr Fixing 7.500%

15-Yr Fixing 8.125%

20-Yr Fixing 8.875%

25-Yr Fixing 9.500%

30-Yr Fixing 10.125%

Effective July 1, 2019

Pag-IBIG Housing Loan Rates vs Banks

FIXING

PERIODPag-IBIG Fund Bank A Bank B Bank C

1 year 5.375% 6.50% 7.00% 7.00%

3 years 6.375% 7.88% 7.50% 7.50%

5 years 7.270% 8.50% 8.50% 8.50%

10 years 8.035% - 9.50% -

15 years 8.585% - 10.50% -

20 years 8.800% - 12.00% -

25 years 9.050% - - -

30 years 10.000% - - -

BETTER HOUSING LOAN TERMS

ADDITIONAL MEMBERSHIP

CONTRIBUTION REQUIREMENT

FOR HOUSING LOAN

REMOVED !

RESULTED IN

LOWERAMORTIZATION P250

MONTHLY AMORTIZATION

for a ₱1 MILLION LOAN

REDUCED BY

Improved Insurancefor Housing Loan Borrowers

Features Before(YRT Insurance Pool)

Now(Lockton Philippines and Reinsurance

Brokers, Inc.)

Premium Rates 41¢ per P1,000 23¢ per P1,000

Burial Benefit None Up to P26,000

Effect of Total

Permanent DisabilityNone Full payment of loan

Effect of terminal

illnessNone

Amortization support up to P500,000

Experience Refund None20% of the insurer’s profit to be refunded to the insured

Medically

Sub-standard

Premium

With additional

premiumNone

Claims Processing Within 30 days Within 24 hours

Mortgage Redemption Insurance Premium Cut by Almost 50%

MRI Premium

for OFWs

Reduced

by 90%

from P2.41

NOW

only P0.23for every

P1,000.00

BETTER INSURANCE COVERAGE Fire and Allied Perils Insurance

Features Before NowBasic Premium Rate

(appraised value of building)

as high as

0.40%0.1686%

Rental Assistance for

Uninhabitable PropertyNone Up to ₱15,000

Family Personal Accident None Aggregate limit of ₱500K

Sabotage and/or Terrorism

CoverNone

5% of appraised value or loan amount,

whichever is higher, maximum of ₱150K

Burial Benefit None ₱5,000

PREMIUM RATES

0.1686%per annumfrom 0.40%

LOWERED BY

58%

Public-Private Partnership in building houses for members in areas considered unserved and underserved

HOME-MATCHING PROGRAM

To provide proponent with the available inventories from Accredited Developers of

Pag-IBIG Fund Acquired Assets

COUNTRYSIDE HOUSING INITIATIVE

PAG-IBIG LED INITIATIVES

NEEDS-MATCHING PROGRAM

To generate housing inventories based on the proponent’s preference in house

design/concept and package price

COUNTRYSIDE HOUSING

INITIATIVE (CHI)

Building houses in areas considered unserved and underserved in partnership with Employers, Local Government Units, Community Associations and Partner-Developers.

COUNTRYSIDE HOUSING

INITIATIVE (CHI)

• Affordable yet superior housing units than those usually offered in the

market as the units have higher valuation than its actual acquisition

cost /package price.

• Ideal template of Public-Private Partnership redounding to the advantage

of the unserved/underserved members of the Fund.

• HDMF thru BDS, guides and provides CHI partners with technical

assistance through pre-qualification of its identified project beneficiaries

and training on project documentation.

• Assistance is also extended to CHI partners in coordinating with

government agencies involved with housing (RD, LRA, Assessors Office,

HLURB) to facilitate project implementation.

LGU MANDALUYONG CITY and

CDC HOMES DEV’T. & VENTURES INC. MCA Homes

LocationBrgy. Plainview, Mandaluyong

City

Project Implementation

LGU acquires the land and partnered with CDC Homes

Dev’t. and Ventures, Inc. for the site development and

construction of the condominium units

Floor Area 24 sq. m (lofted)

No. of Units 132

BeneficiariesOn-site occupants, LGU

employees and constituents

Package Price & Loan Value

Appraisal MA* Required GMI

750K - (2nd-7th) TBD 4,679.02 13, 368.64

1.5M - (8th-11th ) TBD 9,358.05 26,737.28

1.6M - (12th) TBD 9,981.92 28,519.77

1.7M - (14TH) TBD 10,605.79 30,302.25

* 6.375% at 3 years re-pricing; 30 years loan term

MAJESTIC LANDSCAPE CORP.Dream Homes Subdivision

Package Price


PADRE GARCIA MULTI-PURPOSE COOPERATIVE

Villa Verde Estates (Economic Housing)

Location San Felipe, Padre Garcia, Batangas

Project ImplementationThe cooperative owns the land and

entered into JV with Demeterland

and Development Corporation

Floor Area 30 sq. m – 158 aq. m

Lot Area 50-160 sq. m

Number of Units460 Units – 310 for economic; 150

for socialized

BeneficiariesEmployees and members of Padre

Garcia Multi-Purpose Cooperative

Package Price

& Loan ValueAppraisal MA* Required GMI

P 580 K TBD P 3, 618.45 P 10, 338.42

TBD TBD TBD TBD


HABITAT FOR HUMANITY IN PARTNERSHIP WITH

ALPA LAND INC. & CEBU LANDMASTER, INC.Guadalupe Habitat Pinamalayan Phase 1

Package Price &

Loan ValueAppraisal MA* Required GMI

P450 K P769,140.00 P2,807.41 P8,021.18

LocationBrgy. Zone 2, Pinamalayan, Oriental

Mindoro


Site was donated by private individual to Habitat to construct

quality units at P450K. Habitat partnered with Alpa and, Inc., who

financed the site dev and construction of housing units.

Floor Area 29.03 sq.m.

Lot Area 68 sq.m.

Number of Units 483 single attached units

BeneficiariesLGU employees and residents of

Pinamalayan


PERPETUAL HELP COMMUNITY CAPITAL, INC.Orient Woods Residences

LocationBrgy. Tubtubon, Sibulan,

Negros Oriental


PHCCI owns the lot and will finance the site development and

construction of housing units through its partnership with CLS

Properties Inc. (Developer)

Floor Area 28 sq. m./53 sq. m

Lot Area 48 sq. m

Number of Units 550 (rowhouses & townhouses)

BeneficiariesPHCCI members and qualified

Pag-IBIG Fund members

Package Price


P650 K (rowhouse) TBD P 4,055.15 P 11,586.16

P1.6 M (townhouse) TBD P 9,981.92 P 28,519.77


HABITAT FOR HUMANITY - MINNESOTAHabitat Minnesota – CSC Orphanage

LocationBrgy. Lawaan,

Talisay City, Cebu


Habitat for Humanity-Minnesota acquired the property, developed the site and constructed the units

for the teachers/employees of Children Shelter for Cebu

Orphanage

Floor Area 37.83 sq. m

Lot Area 40 sq. m

Number of Units 63 townhouse units

BeneficiariesTeachers and Employees of

Children Shelter for Cebu Orphanage

Package Price & Loan Value

Appraisal MA* Required GMI

P349,000 P836,700.00 P2,177.31 P6,220.88


LocationBrgy. Cannery Site,

Polomolok, South Cotabato


Landowner: Sarangani Resources

Corp. (SRC) created by Dole Phils.

to develop housing projects for

Dole

Lot Area 70 sq.m

Floor Area 30 sq.m

No. of Units 144

Beneficiaries Minimum wage EEs of Dole Phils.

Package Price


P450 K P677.4 K P1,897.22 P5,420.63

DOLE PHILIPPINES, INC.Dole Gawad Pag-ibig Subd.

* 3% fixed for the first 5 years; 30 years loan term

LocationBrgy. Tubi-Allah, Surallah,

South Cotabato


Landowner: Sarangani

Resources Corp. (SRC) created

by Dole Phils. to develop the

housing project

Lot Area 80 sq.m

Floor Area 30 sq.m

No. of Units 266

BeneficiariesMinimum wage employees of

Dole Phils.

Package Price

& Loan ValueAppraisal MA*

Required

GMI

P450 K TBD P1,897.22 P5,420.63

* 3% fixed for the first 5 years; 30 years loan term

DOLE PHILIPPINES, INC.Dole Gawad Pag-ibig DUVO Subd. Phase 2

DEL MONTE AGRARIAN REFORM BENEFICIARIES

COOPERATIVE & AGD3 CORPORATION

San Antonio Heights

LocationBrgy. Balubal, Cagayan de Oro

City, Bukidnon

Project ImplementationAGD3 Corporation owns the

land and will construct housing

units for the DEARBC members

Lot Area 36-60 sq.m

Floor Area 22-44 sq.m

No. of Units 627

Beneficiaries Members of DEARBC

Package Price &

Loan ValueAppraisal MA*

Required

GMI

P450K (Rowhouse corner)

P 537,800.00 P2,807.41 P8,021.18

P450K (Rowhouse Inner P 470,700.00 P2,807.41 P8,021.18

P840K (Townhouse-inner) P 1,040,300.00 P5,240.51 P14,972.88

P 980K (Townhouse-end unit)

P 1,040,300.00 P6,113.93 P17,468.36

P1.150M (Single Attached)

P1,297,900.00 P9,854.77 P28,156.00


POTENTIAL CHI PROJECTS FOR CONFIRMATION

PROJECTS Number Amount Units

2019 CHI Projects (as of October 05, 2019) 15 TBD TBD

a) LGU / Provincial Government 6 TBD TBD

b) Other Institutional Partners 9 TBD TBD

2018 CHI Projects 13 ₱1,808.58 2,927

a) LGU / Provincial Government 8 ₱748.77 1,373

b) Other Institutional Partners 5 ₱1,059.81 1,554

2017 CHI Projects 9 ₱2,424.40 3,779

a) LGU / Provincial Government 6 ₱491.90 1,261


2016 CHI Projects 9 ₱3,743.37 5,886

a) LGU / Provincial Government 6 ₱2,364.62 4,277

b) Other Institutional Partners 4 ₱1,378.75 1609

T O T A L 46 ₱7,976.35+ 13,889+

a) LGU / Provincial Government 25 ₱3,605.29 7,603


ONGOING CHI PROJECTS

Intended for developers who owns the land but

needs funding for land development and house

construction or completion of condominium project

Horizontal Development: Not to exceed P250 M

Vertical Development: Not to exceed P500 M

FIXED-TERM RATE

1-Year Term 6.125%

2-Year Term 6.750%

3-Year Term 7.875%

HOUSE CONSTRUCTION FINANCING LINE

Intended for Developers who owns the land and have

already introduced land development but needs

funding to construct the individual housing units

DIRECT DEVELOPMENTAL LOAN PROGRAM

Maximum of P20 M

FIXED-TERM RATE

1-Year Term 6.125%

2-Year Term 6.750%

3-Year Term 7.875%

INSTITUTIONAL LOAN PROGRAMS

Provident

Programs

High-yield savings

Tax-free dividends

Government-guaranteed

20-year membership period

REGULAR Pag-IBIG Savings(Mandatory)

6.91%per annum

2018

Dividend

Rate

Modified Pag-IBIG 2

MP2 Savings

✓ High Dividends, Tax Free

✓ Compounded or Annual

Dividend Payout Options

✓ Save and deposit anytime

✓ Minimum of ₱500 savings only

2018

Dividend Rate

7.41%

Open to Retirees or Pensioner (who were former Pag-IBIG Members)

Why MP2?

• Flexible amount of savings

More Benefits &

Convenience

TAPAT NA

SERBISYO,

MULA SA

PUSO.

ELECTRONIC PAYMENT

AND COLLECTION FACILITY (EPCF)

SMSPhone

Banking*for Philippines only.

Globe GCash

Globe

GCash

Partner Banks

Credit Cards

Now Accepted

Online Payment

as of September 2018

9,384PAYMENT PARTNERS

NATIONWIDE

700REMITTANCE

PARTNERS

ABROAD

almost

Housing Loan

Payment Partners

47

✓ Get your card instantly!

✓ Enjoy discounts and rewards

✓ Now with the added

convenience of a cash card

Pag-IBIG Loyalty Card Plus

49

Easier Transactions with

Virtual Pag-IBIG!

Awards and

Recognitions

UNQUALIFIED/

UNMODIFIED OPINION

7 YEARS IN A ROW!

Awards & Recognitions

2012 2013 2014 2015 2016 2017 2018

from the Commission On Audit

MOST OUTSTANDING

ACCOUNTING OFFICE AWARD

conferred by the Association of Government

Accountants of the Philippines (AGAP), Inc.

5-PEAT!2014 2015 2016 2017 2018

HALL OF FAME


ISO 9001:2015CERTIFIED

• HOUSING LOAN PROCESSES

• SHORT-TERM LOAN PROCESSES

• PROVIDENT BENEFIT CLAIMS PROCESSES

• MEMBERSHIP REGISTRATION PROCESS


2018

ADFIAP

Outstanding

Development

Project Awards

Merit AwardMerit Award

16th PHILIPPINE

QUILL AWARDS

Award of

Excellence

Pag-IBIG Animated

Explainer Video

16th PHILIPPINE

QUILL AWARDS

Pag-IBIG

Loyalty Card

PANAta

AWARDS 2018

Gold

People’s Choice

Award

Pag-IBIG Expanded

Raffle PromoRisk Management

Program


All these remarkable

ACCOMPLISHMENTSwith a monthly mandatory

Membership Savings of

₱200* only.

Unchanged

SINCE 1986.

* Employee share + Employer counterpart

* * Computation for the current value of P100.00 is based on data from Philippine Statistics Authority (PSA)

₱200* (1986)

Computation based on 2006 constant price

₱1,398.09** (2018)

2018 Calls

5,075TOTAL CALLS

2018

100%RESOLVED

100% of all calls endorsed by the 8888 Citizens’ Complaint Center in 2018

have been resolved by the Pag-IBIG Fund.

Anti-Red Tape Act

5,075TOTAL CALLS

2018

2,493 2,582

51%49%

ACTUAL COMPLAINTS

FOLLOW-UPS WITHIN PROCESSING TIME, INQUIRIES AND COMMENDATIONS

2018 CallsAnti-Red Tape Act

H1 2018 VS H2 2018 VS H1 2019

Actual Complaints

383

2,199

H2 2018 H1 2018

82.58%DECREASE

IN NO. OF COMPLAINTS

H1 2019

22541.25%

DECREASEIN NO. OF COMPLAINTS

89.77%DECREASEIN NO. OF COMPLAINTS

Anti-Red Tape Act

HIGH CUSTOMER

SATISFACTION RATING

Thank you!#LingkodPagIBIG

Documents

Lingkod Pag-IBIG · 2020. 3. 6. · Pag-IBIG Fund Snapshot 14.03 Million Active Members ₱567.8B Total Assets 133 Branches Nationwide 23 Posts Worldwide as of June 2019 as of June