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OFW News

Apply for a Housing Loan at NAIA

  Sep 22, 2007

Real estate is a booming industry nowadays and one of their target customers are overseas Filipino workers (OFWs). Buying a property is seen as a valuable venture where OFWs can put their hard-earned money.

 

To make availing of a property like house and lot available to all, the Pag-Ibig Fund (Home Development Mutual Fund) forms partnership with the Manila International Airport Authority.

 

The Pag-Ibig Overseas Program, a project that offers financial assistance so OFWs can avail of housing loan are now available at the Ninoy Aquino International Airport (NAIA) Terminals 1 and 2.

 

The General Manager of MIAA Alfonso Cusi said in an interview, “We're playing host here to Pag-Ibig for a place for OFWs to register as members so that they can avail of benefits of Pag-Ibig. When they come here before they leave, they register. What we will do here is they (Pag-Ibig) will have a booth where OFWs can come and register.”

 

Aside from registration, Pag-Ibig members can also check their contribution records and loan payments and balances via an online verification counter at NAIA Terminals 1 and 2,

 

A simple ceremony held at OFW Lounge of NAIA Terminal 1 witness the signing of the agreement between Pag-Ibig Fund president and chief executive officer, Romero Quimbo and MIAA executives to formalize the partnership.

 

One of the the agreement requires MIAA to provide space where  Pag-Ibig can install POP verification counters at the international terminals. Pag-Ibig's staff are also allowed to distribute information materials about POP and application forms for the project at the airport.

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