Guide on How Much Is the Appraisal Fee in Applying for PNB Home Loan
PNB HOME LOAN – Here is a guide on how much is the appraisal fee in applying for the house loan offer of the Philippine National Bank (PNB).
One of the best things you can ever buy for yourself and your loved ones is a house you can call your own. It is really a home as you can implement your own house rules, do extra efforts for the security and comfort of your family, and a lot more.
On the financial side, having your own house is also an investment. It is no secret to the public that the lot value only goes higher and higher as years pass.
However, truths be told that buying a house in cash is not for everyone. That is why many people are renting a house and lot, an apartment, a condo unit, etc. However, on the other side, have you also thought about the money you waste on rent?
At the end of the renting term, the property is not yours. You may actually go for a loan if you cannot pay for a house purchase in full amount yet.
The Philippine National Bank has this excellent home loan offer that is open for several types of properties. Under the PNB Home Loan, you may apply for the purchase of any of the following:
- vacant residential lot
- house and lot
- condominium unit
Aside from purchasing a residential property, you may also apply for the PNB Home Loan offer for house construction and home renovation purposes. Meanwhile, if you want to purchase a property, you must prepare for the appraisal fee.
Based on the official website of the Philippine National Bank, the appraisal fee under the PNB Home Loan is at Php 3,500.00. It is non-refundable.
Do you want to know how much you can borrow under the said loan offer and how to apply for it? Feel free to visit this page – PNB HOME LOAN: Minimum & Maximum Loanable Amounts Under It.
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