is it possible for a bank to assume my current loan from pagibig?

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Anonymous
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is it possible for a bank to assume my current loan from pagibig?

I have an existing home loan from pagibig. I wanted to get another loan from them to turn my current house and lot to a three door apartment but the loan application from pagibig is very tedious to accomplish.
My, question is, is it possible for a bank to assume my current loan from pagibig? to refinance my existing mortgage and can I take out money for the renovation and construction of that 3 door apartment I mentioned above? - Charlene

eric luyahan
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virginia
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Thank you for your suggestion Eric! That's a good place to start for you, Charlene. Good luck on your business! yes

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