Guide on How Much Is the Appraisal Fee Under the PNB Housing Loan
PNB HOUSING LOAN – Here is a guide on how much is the appraisal fee under the Philippine National Bank’s housing loan offer.
You can have your own house even if you cannot buy one in cash right now. It is possible through the loans offered by the different banks, lending companies, and some government agencies.
One of the banks with the said loan offer is the Philippine National Bank. More commonly called as PNB, the offer of the government bank is open for any of the following purposes:
- purchase of…
- vacant residential lot
- house and lot
- condominium unit
- townhouse
- house construction
- home improvement
- refinancing of existing loan
Who are eligible to apply for this loan offer?
To be eligible to apply for the offer, the applicant must be:
- a Filipino citizen / a natural born Filipino who has lost citizenship / a resident foreigner with permanent VISA
- at least 21 years old but not more than 65 years old upon the loan maturity
- employed or self-employed
Do you want to know how much you can borrow under this offer? The following are the loanable amounts:
- Lot Purchase
- Minimum Loanable Amount – Php 500,000.00
- Maximum Loanable Amount – Up to 70% of the appraised value of the lot
- Purchase of House and Lot / Townhouse / Condominium Unit
- Minimum Loanable Amount
- if within Metro Manila – Php 750,000.00
- outside Metro Manila – Php 500,000.00
- Minimum Loanable Amount
With regards to the appraisal fee under the PNB Housing Loan, according to the bank, it is at Php 3,500.00. It is non-refundable.
To start your application, you may begin by getting a copy of the PNB loan application form. You may do it online. For a guide, feel free to visit – PNB LOAN APPLICATION – Start Applying w/ These Application Forms.
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.
