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Questions about the Title and the Titling Fee for a house and lot (townhouse)

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Arresto Menor
Good day,

My boyfriend got his Notice of Approval for a housing loan from Pagibig. When we were at the developer's office, we asked them about the payments that we have to settle after getting the NOA, and the person we were talking with said that we only have to wait for the turnover of the unit and pay for the move in fee. My boyfriend then asked again and again about future payments if we have other ones to pay for other than that and the amortization and the person said none.

Two months later, I asked the developer's employee again about the payments and now she mentioned two more additional items that she wasn't able to disclose with us before: the construction bond and the titling fee. For the construction bond, we have no issue, but with the titling fee, it bothers us. She said that the titling fee is 5% of the TCP and that we have to start paying three months after we start paying for the amortization with Pagibig. I asked about it again as we were clueless about it. It took the developer some time before responding and now told me that they did not include it in my bf's Pagibig loan as it will be supposedly higher (7%) compared to their rate which is 5%. Now my boyfriend called Pagibig twice and asked about this titling fee and they said they don't know anything about it and they have nothing like that and so he should ask the developer about it. I told the developer and now they are transferring me to their after sales, but apologized for not telling us about it beforehand.

I would like to ask for any advice that we could take about this matter. My friend who also has a housing loan said that the title will only be given when a person is already done with all the payments. Can anyone enlighten me with how titling of house and lots work and how much does one cost? The loan is my boyfriend's but we'll both be paying for it.

Thank you!!

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Reclusion Perpetua
"My friend who also has a housing loan said that the title will only be given when a person is already done with all the payments."
Well. Common is geting the title related to when the DEVELOPER get the final pay by your LOAN (=Pag-Ibig) pay the unpaid part.
Lenders have rules of how big part of the total value need to be paid "cash" or by paying it monthly to developer until at least the minimum is reached. I don't know what the "cash" part is for Pag-Ibig. 20 % ?
(Some developers are slow though, and some are scamers so look up.)

I'm not sure if these are the latest
(Examples: rouchly 6000 at 1 million and 10 000 at 2 million.)
If you want to be sure, you can ask Register of Deeds.

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