Alliance Conventional Home Loan

Overview

• A no-frills basic conventional home financing

• RM50 charged for each redraw

• Setup fees of RM200 for Conventional Home Loans with redraw facility

Benefits

• No monthly maintenance fee

• Excess payments made will generate interest savings

• Redraw option to reuse your excess payments made when you need it

Terms & Conditions

• Interest rate : Variable rate pegged to SBR

• Tenure : Up to 35 years / 70 years of age

• Age requirement : 21 years old and above

• Minimum loan amount : RM100,000

• Margin of Financing (MOF) : Up to 90% + 5% Mortgage Reducing Term Assurance (MRTA) and / or Financed Entry Cost

• Max 70% Overdraft facilities

Financing Type

• Completed or under-construction property

• Sub-sale

• Top up borrowing

• Refinancing from another bank with or without cash out

• Unencumbered property financing


NOTE: Please be advised that the product mentioned above may change from time to time, as the market and industry evolve.

To find out more about Conventional Home Loan, please call Alliance Bank Contact Centre at 603 5516 9988, or visit the nearest Alliance Bank branch today.

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