In housing financing applications, appraisal is requested from contracted companies in order to determine the value of the housing. The appraisal fee is the cost of the service provided by the appraiser. The appraisal fee is collected from our customers who apply for Housing Finance.
According to the Law on the Protection of the Consumer and the Regulation on Housing Finance Agreements, if the consumer who has used housing finance pays the full amount or one or more installments before the maturity date, early payment compensation is requested. The early payment indemnity rate is 1% for the financings with a remaining maturity not exceeding 36 months, and 2% for the financings with a remaining maturity exceeding 36 months.