Alliance Bank Mortgage Update

CONVENTIONAL & SAVELINK

RM100k~200k: BLR -2.1%
RM200k~400k: BLR -2.2%
RM400k~800k: BLR -2.3%
>RM800k: BLR -2.4%

Other Terms:
1. FEC / non ZEC
2. Completed, under-con, sub-sales, refinancing (with/without top up)
3. Min Loan RM100k
4. Lock in period (1st disbursement): Completed property - 3 yrs/3% penalty (min 5k), Under-con - Settlement by cash/disposal: 3 yrs/3% penalty (min 5k) / Refinancing: 5 yrs/3% penalty for 1st 3 years, 2% for next 2 years (min 5k)
5. OD: BLR - 0.5% p.a.
6. Loan tenure up to 70 yrs old/ 30 years, whichever earlier
7. Without MRTA, plus additional 0.1% across all products

i-WISH / I-WISH FLEXI (ISLAMIC PRODUCT)

RM100k~200k: B -2.1%
RM200k~400k: B -2.2%
RM400k~800k: B -2.3%
>RM800k: B -2.4%

Other Terms:
1. FEC / non ZEC
2. Completed, under-con, sub-sales, refinancing (with/without top up)
3. Min Loan RM100k
4. Lock in period (1st disbursement): Completed property - 3 yrs/3% penalty (min 5k), Under-con - Settlement by cash/disposal: 3 yrs/3% penalty (min 5k) / Refinancing: 5 yrs/3% penalty for 1st 3 years, 2% for next 2 years (min 5k)
5. OD: BLR -0.5% p.a.
6. Loan tenure up to 70 yrs old/ 30 years, whichever earlier
7. Without MRTA, plus additional 0.1% across all products
8. Mudharabah Current A/C profit rate capped at 0.05% p.a.
9. I-Wish Flexi: 
a. Profit rate offered to the balance maintained within the account is 0.01% ~ 0.6%.
b. No setup fee & No maintenance fee
10. Refinance conventional to Islamic will waive stamp duty


Savelink IPO:

RM100k~200k: BLR -1.95%
RM200k~400k: BLR -2.05%
RM400k~800k: BLR -2.15%
>RM800k: BLR -2.25%

Other Terms:
1. FEC / non ZEC
2. Completed, under-con, sub-sales, refinancing (with/without top up)
3. Min Loan RM100k
4. Lock in period (1st disbursement): Completed property - 3 yrs/3% penalty (min 5k), Under-con - Settlement by cash/disposal: 3 yrs/3% penalty (min 5k) / Refinancing: 5 yrs/3% penalty for 1st 3 years, 2% for next 2 years (min 5k)
5. OD: BLR -0.5% p.a.
6. Loan tenure up to 70 yrs old/ 30 years, whichever earlier
7. Without MRTA, plus additional 0.1% across all products

Conventional CPL/Savelink CPL:

RM100k~200k: BLR -1.5%
RM200k~400k: BLR -1.8%
RM400k~800k: BLR -1.9%
>RM800k: BLR -2.0%

Other Terms:
1. FEC / non ZEC
2. Completed, under-con, sub-sales, refinancing (with/without top up)
3. Min Loan RM100k
4. Lock in period (1st disbursement): Completed property - 3 yrs/3% penalty (min 5k), Under-con - Settlement by cash/disposal: 3 yrs/3% penalty (min 5k) / Refinancing: 5 yrs/3% penalty for 1st 3 years, 2% for next 2 years (min 5k)
5. OD: BLR + 1% p.a.
6. Loan tenure up to 65 yrs old/ 25 years, whichever earlier
7. Without MRTA, plus additional 0.1% across all products


A. Interest only Loan is available.
B. Foreigners Loan:
Status: Normal - MOF 85%
Status: Pure - <2MIL : MOF 70%, >3Mil: MOF 65%
C. Pre-approved Loan is available prior booking
D. Land Loan up to 70% with Construction Loan up to 90%. No formal documentation required. Only quotation required. Construction must be initiated within 2 years. Readjustment of rate to BLR + 0.5% if construction no initiated.




**Only applicable to Klang Valley, WP KL, WP Putrajaya, Selangor
Last update on 24 March 2011