How to Apply for Pag-IBIG Calamity Loan 2021

Philippines is associated with warm weather, it is similarly associated with its susceptibility to typhoons and also exposed to other natural calamities such as earthquakes, floods, landslides, and volcanic eruptions.

How to Apply for Pag-IBIG Calamity Loan

There are financing options available to homeowners in the event where a typhoon damages their home. One of these is the Home Development Mutual Fund’s (Pag-IBIG Fund) Calamity Loan program.

What is a Pag-IBIG Calamity Loan?

Section 16 of Republic Act 10121 gives the President of the Philippines or Local Government Units the power to declare an area to be in a State of Calamity. This is done based on the recommendation of the National Disaster Risk Reduction Management Council (NDRRMC), or for LGUs the Local Disaster Risk Reduction Management Council (LDRRMC).

Once under a State of Calamity, citizens of that area are granted the opportunity to apply for a loan from the government, which includes Pag-IBIG Fund’s Calamity Loans. These are offered to Pag-IBIG Fund members whose property has been affected by unforeseen calamities like a flood, fire, volcanic eruption, tropical cyclones or typhoons, and other similar instances.

Eligible Pag-IBIG members can borrow up to a maximum of 80 percent of their Total Accumulated Value (TAV), which is the total of the monthly contributions made at the time of the Calamity Loan application, and is subject to the terms and conditions of the program.

How to Apply for PAGIBIG Calamity Loan?

Eligible Pag-IBIG Fund members whose homes have been greatly affected by a typhoon should file for a calamity loan no later than 90 days after their area had been declared to be in a State of Calamity.

Please submit the following documents at any Pag-IBIG Office nationwide:
  • Filled-up the PAG-IBIG Calamity Loan Application Form
  • Photocopy of at least 2 valid IDs
  • Proof of Income
  • For formally employed members, duly accomplished Declaration of Being Affected by Calamity

If the applicant has an existing Housing Loan, Multi-Purpose Loan (MPL) and/or Calamity Loan, the account must not be in default as of the date of application.

Who are eligible to avail of PAGIBIG’s calamity loan?

The calamity loan program is open to any Pag-IBIG member who meets the following criteria:
  • Has made at least 24 monthly Pag-IBIG payments;
  • Is an active member with at least 5 monthly savings for the last 6 months as of month prior to the date of loan application; and
  • Resides in an area which is declared by the Office of the President or the Local Sanggunian concerned as under a state of calamity.

In the event that members are past the mandatory 90-day period from the time their area was declared to be in a State of Calamity, they can opt to apply for Pag-IBIG Fund’s Multi-Purpose Loan (MPL). As its name implies, MPLs may be used for different purposes, including repairing the damage caused by a typhoon. However, this loan has a slightly higher interest rate than the Calamity Loan.

How much is the available loan amount and the interest rate charged to the amount?

An eligible member may borrow up to a maximum of 80% of his Total Accumulated Value (TAV) subject to the terms and conditions of the program. The Calamity Loan is currently charged an interest rate of 5.95% per annum.

How long is the payment period?

The loan is amortized over a period of 24 months with a grace period of 3 months. Payment of the monthly amortization starts on the 4th month following the issue date of the check.

Other Things to Consider

Pag-IBIG Fund members should keep in mind that having an existing Pag-IBIG Housing Loan does not disqualify them from being eligible for the Calamity Loan. However, their existing loans must not be in default.

However, if one of the existing loans happens to be a Calamity Loan, proceeds from the new calamity loan will first be used to pay off the remainder of the previous one. For example, if a member already has an outstanding Calamity Loan of Php8,000, and is granted a new Calamity Loan of Php40,000, he or she will only receive Php32,000. In addition, the total amount of the short-term loans (MPL and Calamity Loan) must not exceed 80 percent of the member’s TAV.

As of June 2016, Pag-IBIG Calamity Loans are charged at an interest rate of 5.95 percent per annum, and this is amortized over a period of 24 months with a grace period of 3 months. Payment of the monthly amortization begins on the fourth month following the date of the Calamity Loan check is issued.

We hope you find this handy guide about How to Apply for Pag-IBIG Calamity Loan very helpful and useful. For any inquiries, you may contact the Pag-IBIG Fund’s hotline at (02) 724-4244. E-mails may also be sent to

Related: How to Apply for SSS Calamity Loan

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  1. how to file a calamity loan thru online? Pls i need help. Thanks

  2. i have the same question, how to apply calamity loan online? thank u..