For members with updated payments, which Pag-IBIG loan is based on the value of the mortgaged property?

The Pag-IBIG Home Equity Appreciation Loan is correctly identified as the loan option based on the value of the mortgaged property. This loan allows members to tap into the appreciation of their home equity, essentially leveraging the increased value of their property over time for additional financing options. This is particularly beneficial for homeowners who wish to access funds for various needs, such as home improvements, debt consolidation, or other significant expenses.

In contrast, the other loan types listed serve different purposes. The Pag-IBIG Multi-Purpose Loan provides members access to a loan for various uses, such as education or medical expenses, but it is not specifically tied to the property value. The Pag-IBIG Regular Savings plan is a savings program that allows members to accumulate savings but does not involve loan disbursement against property value. Lastly, the Pag-IBIG Calamity Loan is designed for members affected by natural disasters, providing urgent financial assistance but again does not relate to the value of mortgaged property. Understanding these distinctions clarifies why the Home Equity Appreciation Loan specifically emphasizes property value.