1. What is the Multi-Purpose Loan? The Multi-Purpose Loan (MPL) is a cash loan under Pag-IBIG’s short-term loan program that aims to provide financial assistance to qualified members for: House Repair Minor Home Improvement Home Enhancement Tuition/ Educational Expenses Health and Wellness Livelihood Other purposes 2. Who are eligible? The loan is open to any Pag-IBIG member who: Has made at least 24 monthly mandatory savings (MS) Has 5 MS for the last 6 months prior to date of loan application If with an existing Housing Loan and/or MPL and/or Calamity Loan, the account/s must not be in default prior to loan application. 3. How much can one borrow? The borrower’s loan value shall be a percentage of his Total Accumulated Value (TAV), to wit: No. of monthly savings Loan Value 24 – 59 months Up to 60% of Total Accumulated Value (TAV) 60 – 119 months Up to 70% of TAV At least 120 months Up to 80% of TAV However, an eligible borrower’s loan shall be limite