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No need to worry about your home loan appraisal fee as this bank makes it free!

By IRIS GONZALES, The Philippine STAR Published Mar 04, 2023 8:00 am Updated Mar 04, 2023 2:07 pm

Having one's own home is the quintessential Filipino dream. There is perhaps no other aspiration as fervent as having a roof on one's head—a home to live in, enjoy, and make memories with one's family, friends, and loved ones. 

Buying a home, however, isn't a walk in the park. 

It's no secret that the Philippines is still a middle-income country, and many Filipinos still find it difficult to buy their own home. Looking for an affordable abode that is perfect for the needs of the family is still one of the biggest challenges aspiring homeowners face in the country.

 The good news is that there's never been an easier time to acquire property than now, with both property developers and lending institutions making buying a home more affordable and convenient for Filipinos.

Break free from rent

Buying instead of renting is the better option. Many people think that renting is cheaper but, in fact, rental payment costs almost the same as a home loan amortization. Plus, buying a home means that you get to own the property after the repayment period and you won’t need to pay rent anymore.

Free appraisal and more

Metrobank is one such lending institution that makes owning a home possible. It gives prospective homeowners one less thing to worry about as they start on their big property investment.

The bank is making the P5,500 appraisal fee free for Metrobank Home Loan borrowers who will submit their complete application today until March 31.

With this, it helps you take that first step to owning your dream home.

“We keep on seeking meaningful ways to help our clients achieve their goals. By waiving our appraisal fee, they have one less thing to worry about as they build on their dream house,” said Ramon Jaime Del Rosario, Metrobank SVP and Consumer Business Sector head. 

Whether one is purchasing a lot, building a house, or buying a second home, Metrobank has a home loan available. 

Metrobank Home Loan’s affordable interest rates and manageable payment terms of up to 25 years make it easy for homebuyers to purchase the property they’ve always dreamed of.

The bank also allows homebuyers to invest in a second home with easy payment terms also of up to 25 years with affordable interest rates.

With Metrobank, one can buy and build one's home and live that great Filipino dream. 

For inquiries, visit the nearest Metrobank branch or the Metrobank website