Guide on How Much You Must Prepare for HSBC Home Loan Fees
HSBC HOME LOAN FEES – Here is a guide on how much you must prepare in applying for the home loan offer of Hongkong and Shanghai Banking Corp.
One of the best properties you can ever have is a house. It is an assurance that you and your family will always have a place to go home to and be secured. The freedom of living under a roof you can call your own is different – you can set your own rules.
Also, a house and lot is an excellent investment. Over time, the price of residential lots only goes higher and higher. The value of the lot you bought now may be twice its value in the next five (5) years.
However, truths be told that buying a house and lot also requires a huge amount of money. Meanwhile, you can seek some financial assistance like the offer of the Hongkong and Shanghai Banking Corp. – the HSBC Home Loan.
Under the HSBC Home Loan, you may be assisted financially in purchasing a vacant residential lot, a house and lot, a condominium unit, or a townhouse. You may also apply for it for house construction or home renovation.
Who are eligible to apply for the HSBC Home Loan?
Loans often come with eligibility qualifications. To be eligible for the said HSBC loan offer, the applicant must be:
- between 21 to 65 years old
- employed, self-employed, or a professional with a stable source of income
You might want to know how much you can borrow under this loan offer. You may visit this page – HSBC HOME LOAN – Minimum & Maximum Loanable Amounts Under It.
In applying for the said loan offer, you must prepare for the HSBC Home Loan fees in application. It includes the processing fee and the appraisal fee. Based on an article on eCompare Mo, here are the fees that you must be prepared of:
- Appraisal Fee – Php 3,500.00
- Processing Fee – Php 5,000.00
Do you want to apply for the said HSBC loan offer? You may visit the bank’s official website to reach them out – https://www.hsbc.com.ph/.
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: APPLY HSBC HOME LOAN – How Much Is the Required Income in Applying
