| Loans |
| 1. Appraisal Fee |
| 1.1 Real Estate |
|
| a. Areas within Metro Manila |
Php2,500.00
Additional Php500.00 for each title submitted for appraisal.
Additional Php1,000.00 for each collateral located within
the same subdivision or location.
Additional Php2,000.00 for each collateral located far from
the first location and within the same city/province.
|
b. Areas outside Metro Manila
(with one day/office hours fieldwork) |
Php5,000.00
Additional Php500.00 for each collateral submitted for
appraisal.
Additional Php1,000.00 for each collateral located within
the same subdivision or location.
Additional Php2,000.00 for each collateral located far from
the first location and within the same city/province.
|
|
c. Areas Outside Metro Manila (with overnight or more than one day fieldwork)
|
Php5,000.00
Additional Php500.00 for each title submitted for appraisal.
Additional Php1,500.00 for each collateral located within
the same subdivision or location.
Additional Php2,500.00 for each collateral located far
from the first location and within the same city/province.
Note: Plus airfare, hotel accommodation, gasoline
expenses and actual receipted incidental expenses.
Collecta
|
| d. Large parcels of land (several subdivision lots) |
Apply the above basic rates and additional charges
(on case-to-case basis) |
| 1.2 Chattel Mortgage |
|
| A. Machinery and Equipment |
|
| a.1 Areas within Metro Manila |
Php1,500.00 - Php3,000.00 |
| a.2 Areas outside Metro Manila |
Php2,000 - Php4,000.00+Actual receipted expenses |
| B. Used car |
|
| b.1 Areas within Metro Manila |
Php1,500.00 - Php3,000.00 |
b.2 Areas outside Metro Manila
|
Php2,000 - Php4,000.00+Actual receipted expenses |
| 2. Documentary Stamp |
|
| a. On mortgage document |
When the amount secured does not exceed
Php5,000.00 - Php40.00. On each Php5,000.00 or fractional
part thereof in excess of Php5,000.00 an additional tax
of Php20.00
|
| b. On debt instrument or promissory note |
Php1.50 on each Php200.00, or fraction part thereof on every
original issue of debt instruments of 1 year. For less than
1 year, a proportional amount in accordance with the ratio of
its term in number of days to 365 days. (R.A.10963) |
| 3. Registration Fee |
Based on amount of mortgage per schedule of fees. |
| 4. Service Fee |
2% per annum on principal outstanding in addition to
contracted loan interest rate. |
| 5. Penalty Charge |
In case any note/amortization and/or interest becomes past
due, a penalty charge of 2% per month shall be collected on
the outstanding principal from date of default until full payment
of the obligation. |
| 6. Certification Fee |
Php500.00 per Certification of Loan Credit Line and
Certification of payment |
| 7. Commitment Fee |
1/4 of 1% of the Committed amount or Php2,500.00
whichever is higher. |
| 8. Cancellation of Mortgage |
Php500.00 for reissuance of Cancellation of Mortgage. |