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FEES & CHARGES
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NEW FEE EFFECTIVE 7 th MAY 2005
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FEES & CHARGES
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NEW FEE EFFECTIVE 7 th MAY 2005
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APPLICATION FEE
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Home/Personal/Repair
Loans -$30.00
Village Loan- $75.00
Investment Loan – 0.1% of loan amount
(Minimum $50)
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UNDRAWN FUNDS FEE
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0.75% of undrawn balance after 6 months.
Investment Loan – 2% of undrawn balance after 6 months
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SERVICE/ADMIN FEE
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$10.00 month per account
Investment = $20 per month
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SETTLEMENT OUTWARD FEE
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NIL
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ESTABLISHMENT
APPROVAL
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NIL
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BUILDING CONTRACT DOCUMENTATION
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$50 per contract
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SETTLEMENT LETTERS
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Nil
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MORTGAGE DISCHARGE FEE
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$100
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FNPF TRANSFER FEE
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$75.00 per application plus FNPF costs
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PREPARATION OF LEGAL DOCUMENTS
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Scale. $200-$500 on consideration amount
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VALUATION FEE
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Depending on value
$100.00 - $900.00
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MORTGAGE VARIATION FEE
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Scale. $50-$200 on sum approved of $5k to $30k
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PROPERTY INSPECTION FEE (CLE)
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0.75% of Loan Amount.
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PHOTOCOPY FEE
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$1 per page
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ARREARS FEE
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$20.00 per account
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PREPARATION OF CAVEAT
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$150
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DEMAND NOTICE FEE
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NIL
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PREPARATION OF POWER OF ATTORNEY DOCUMENT
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$120
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MORTGAGEE SALE ADMIN FEE
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$250
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CONSENT FOR DEALINGS
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HA $110
Non-HA $220
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LOAN EXIT FEE
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$750
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SURRENDER FEE
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$150.00
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DISHONOURED CHEQUE FEE
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$15.00
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TENANCY AGREEMENT
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$100.00
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REPLACEMENT CHEQUES
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$10.00
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RESCHEDULING FEE
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NIL
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MAINTENANCE LEVY
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$165.00
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PLAN FEES
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Predrawn Plans- $150
Own design Plans-$250
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