Pag-IBIG Acquired Assets are pre-owned properties, unlike brand-new homes sold by developers. They offer a more affordable option for buyers looking to own a home at a lower cost.

These properties are sold on an as-is, where-is basis which means buyers agree to purchase the property in its current condition at the time of bidding. While the physical state of each property may vary, photos are included in the listings to help buyers assess and make informed decisions.

The Online Public Auction (OPA) is open to both Pag-IBIG Fund members and non-members who are interested in purchasing Pag-IBIG Acquired Assets. It offers a more convenient and accessible way to participate in property auctions.

To ensure eligibility, please refer to the buyer qualifications listed below:

For individual buyers:

•     To qualify, individual buyers must meet the following criteria;
•     Must have at least twenty-four (24) monthly membership savings with Pag-IBIG Fund (lump-sum payment of required savings is allowed);
•     Must be sixty-five (65) years old or below at the time of loan application and not more than seventy (70) years old at loan maturity;
•     Must have legal capacity to acquire and encumber real property;
•     Must pass satisfactory background, credit, and employment/business checks conducted by Pag-IBIG Fund;
•     Must have no Pag-IBIG Short-Term Loan (STL) in arrears at the time of loan application;
•     Must have no previous Pag-IBIG Housing Loan that was foreclosed, cancelled, bought back due to default, or settled through dacion en pago;
•     If currently holding a Pag-IBIG Housing Loan as a principal borrower, co-borrower, or co-buyer, the account must be updated.

For organization or juridical entities who are interested to purchase more than one Pag-IBIG Fund Acquired Assets:

•     Must be accredited under the Pag-IBIG Fund Employer Accreditation Program, based on the Fund’s established standards;
•     Must have an existing or planned Collection Servicing Agreement (CSA) with Pag-IBIG Fund for the deduction and remittance of housing loan amortizations; and
•     Must acquire Pag-IBIG Acquired Assets with a total value of at least ?10 million.

You can choose among the three modes of payment:

• Cash – payable within 30 days
• Short-term loan installment – payable within twelve (12) months
• Long-term installment – payable for a maximum period of 30 years

If you need to recover your Buyer ID or registered email address, please send a new selfie while holding the same valid government-issued ID you used during registration. Email it to contactus@pagibigfund.gov.ph, and our team will assist you in retrieving your account details.

You can update your details by visiting the nearest Pag-IBIG Branch and submitting an accomplished Member’s Change of Information Form (MCIF), along with the necessary supporting documents. We’ll be happy to assist you. You may also visit this link for more information.

No, your Buyer ID is unique and non-transferable, just like any other personal ID. Only the registered individual is authorized to use it.

To help protect your identity and ensure a smooth transaction, we recommend assisting your relative in registering for their own Buyer ID—it’s quick, easy, and designed for their convenience and your peace of mind.

No, a Virtual Pag-IBIG account is not required to place a bid on acquired assets.

However, we highly recommend creating one for your convenience. With a Virtual Pag-IBIG account, you can easily access a wide range of Pag-IBIG Fund services anytime, anywhere.

To ensure faster and more convenient transactions, Pag-IBIG Fund has fully transitioned to the Online Public Auction (OPA) system.

As of May 13, 2025, we no longer accept manual bid submissions through Pag-IBIG Fund offices or drop boxes. We encourage all interested buyers to submit their offers via the OPA platform for a smoother and more efficient bidding experience.

No, once submitted, your bid is considered final and cannot be changed. The Online Public Auction (OPA) system includes multiple safeguards to help buyers review and confirm their entries before submission.

We strongly advise all bidders to carefully double-check their bid amount and other details before finalizing their offer.

This is allowed. The Online Public Auction (OPA) permits bidders to select and bid on multiple properties, even if the combined value exceeds P 6 million. There is no restriction on the number of properties you can bid on.

However, if you opt to pay through Long-Term Installment (LTI) and your total bid exceeds P 6 million, you may:

• Include a co-buyer to support your application, or
• Pay for the excess properties through cash payment.

Yes, you may bid for a property you formerly owned. However, please note that you are no longer eligible to avail of the long-term installment option (up to 30 years).

If you win the bid, your available payment options will be limited to either:

• Cash payment – payable within 30 calendar days, or
• Short-term installment – payable within 12 months.

If the property is occupied at the time it is awarded to you, you—as the new legal owner—have the right to initiate the necessary steps to regain possession.

You may pursue this by:

• Coordinating with the local Barangay for mediation, or
• Filing a legal case in court, if needed.

Pag-IBIG Fund will provide all necessary documents to prove your ownership and, upon request, may assign a representative to serve as a witness in court proceedings.