The National Home Mortgage Finance Corporation (NHMFC) granted a one-month moratorium on amortization payments for housing loan borrowers affected by Tropical Storm Crising.

The implementation of the moratorium is  in accordance with the directive of Department of Human Settlements and Urban Development (DHSUD) Secretary Jose Ramon P. Aliling for the government’s key shelter agencies to exhaust all ways on how to assist the typhoon victims, and to immediately implement the same at the soonest possible time.

“We are committed to supporting our housing loan borrowers during this challenging time, and this moratorium is one of the concrete steps we are taking to align with the efforts of President Ferdinand Marcos Jr. and Sec. Aliling to  immediately bring the much needed relief to our affected communities,” NHMFC President Renato L. Tobias said.

“This relief aims to ease the financial burden of affected families while they recover from the disaster,” President Tobias added.

The moratorium will be effective from July 19 to August 18, 2025.  Borrowers in the storm-affected areas are automatically qualified for moratorium, subject to NHMFC’s internal rules and regulations.