I have paid the 5 years equity, but I just found out that the house has not been built yet. I discovered that their housing projects have not even started; there is not a single house. I emailed them to inquire if I could visit the house to proceed with my Pag-IBIG housing loan. According to their statement, the house can be occupied three to five years after the equity payment. However, Pag-IBIG does not approve housing loan applications if no house has been built yet. Can anyone advise on what I should do? I have already paid almost half the price of the house.
