A switch is if you wish to transfer your home loan from another financial institution to FNB.
Expense | Description |
---|---|
Initiation fee | Customer to pay. FNB can debit this fee to your home loan on registration. |
Cancellation - Attorney cost | Customer to pay. This is the fee of the attorney working for other financial institution used to cancel the previous bond |
Cancellation - Costs charged by other financial institutions. | Customer to pay. These may include admin fee, or penalty interest charged by the other financial institution |
Registration - Attorneys cost | Customer to pay. |