Guide on the BDO Home Loan Fees / Charges Applicants Must Be Aware Of
BDO HOME LOAN FEES – Here is a list of the charges implemented by BDO Unibank under its Home Loan offer to employed and self-employed applicants.
Living in your own house brings a lot of convenience and freedom. You can implement your own house rules, make your home look like how you want it to, and a lot more options. That is why most people really find ways to have their own home.
The great thing is that BDO Unibank, as their motto goes, found a way on how to help these people acquire their dream house. The giant banking company offers home loan to both employed and self-employed individuals. You may apply for the said offer to:
- purchase a house and lot, a condominium unit, or townhouse
- buy a residential lot / vacant lot
- construct a house
- renovate your home
The BDO Home Loan offer is also open for the reimbursement of a house acquisition. You may also apply for it for the take-out of an existing house loan.
In applying for the said offer, there are requirements that should be complied for and as well as charges that borrowers must be prepared of. Based on the official website of the bank, here is a list of the BDO Home Loan fees applicants must be aware of:
- Appraisal Fee
- Within 30km radius from a BDO Bank – Php 5,000.00
- Outside 30km radius from a BDO Bank – Php 5,500.00
- Handling Fee – Php 3,000.00
- Notarial Fee – Php 100.00 for MM accounts
- Registration Fee – Variable
- Documentary Stamp Tax – Php 1.50 for every Php 200.00 of the loan amount
- Credit Line Insurance (CLI) Premium
- For applicants aging 49 years old and below – Php 4.75 for every Php 1,000.00 of the loan amount
- For applicants aging 50 to 64 years old – Php 6.50 for every Php 1,000.00 of the loan amount
- Fire Insurance (FI) Premiun – Variable
- Inspection Fee – Php 1,500.00
- Construction All-Risk Insurance (CARI) – Variable
The minimum loanable amount under this offer depends on the purpose of the applicant. To check on it, you may visit – BDO LOANS: Loanable Amounts For Personal Loan & Home Loan.
Do you want to apply for the BDO Home Loan? For a guide on the process and the list of documents you must prepare, you may visit – BDO HOME LOAN: How To Apply for House Loan to Banco de Oro.
Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.
READ ALSO: BDO UNIBANK LOANS – Full List of BDO Personal & Business Loan Offers
