KUALA LUMPUR: TA Global Bhd has signed a memorandum of understanding (MoU) with Affin Bank Bhd to offer a new home financing solution, Affin Home Step Fast/i.
TA Global said through this programme, potential homebuyers can access the significant advantages of Affin Bank’s mortgage offerings, including a loan margin of up to 90% + 5% and a tenure period of up to 30 years or age 70, without a lock-in period or early settlement fee.
It added that qualified borrowers will also benefit from the low monthly repayment for the first five years upon property completion.
“We know life doesn’t stop for our customers after they purchase a home. A financing plan as flexible as Affin Home Step Fast/i will enable them to enjoy better cash flow should any other immediate needs and expenses arise.
“We believe this joint effort will play a strong role in making homeownership attainable among aspiring homebuyers, especially first-timers and young families, empowering them to make the high-quality residential properties we create their own,” TA Global chief operating officer Lee Yen Foong said in a statement.
Affin Bank managing director of mortgage business Jessie Wong said the competitive repayment rates and great savings that Affin Home Step Fast/i brings would maximise homebuyers’ confidence, setting them on a stronger financial position and enriching their futures.
Affin Home Step Fast/i is currently available for ALIX Residences in Kiara North.
A low-density development nestled within a 4.55-acre freehold land, ALIX Residences has recorded a 75% take-up rate. The development is slated to be completed by 2024
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