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Manila Bulletin devider Business devider Banking & Finance devider NHMFC extends payment relief to over 20,000 typhoon-affected housing loan borrowers

NHMFC extends payment relief to over 20,000 typhoon-affected housing loan borrowers

Published Aug 11, 2026 02:37 pm
More than 20,000 housing loan borrowers of the National Home Mortgage Finance Corp. (NHMFC) will benefit from a one-month moratorium on the payment of their monthly amortizations effective August 5, 2026 to September 4, 2026, following the continuous heavy rainfall brought by Tropical Storm Maymay and the enhanced Southwest Monsoon.
The moratorium forms part of NHMFC’s continuing efforts to provide immediate financial relief to borrowers affected by calamities and severe weather conditions in the provinces of Benguet, La Union, Pangasinan, Bataan, Bulacan, Pampanga, Tarlac, Zambales, Batangas, Cavite, Rizal, Occidental Mindoro and Oriental Mindoro
NHMFC President Renato L. Tobias emphasized that the measure is intended to give affected families temporary financial breathing room as they recover and address their immediate needs.
“Through this moratorium, NHMFC is providing our affected borrowers with immediate financial relief while assuring them that we remain ready to support them as they rebuild and recover,” President Tobias said.
Under the moratorium, payment of monthly amortizations will be deferred for one month, with no penalties or surcharges imposed on the deferred amortization during the period.
Borrowers covered by the moratorium who still wish to continue their monthly payment may do so voluntarily. For borrowers whose accounts are updated, any payment made during the moratorium period shall be considered as advance payments.
Through these relief measures, NHMFC continues to uphold its commitment to responsive public service and to supporting Filipino homeowners during times of calamity and financial difficulty.

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National Home Mortgage Finance Corporation
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