TA Global partners Affin Bank to offer home financing solution

• Affin Home Step Fast/i has “significant advantages” such as 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.

KUALA LUMPUR (Oct 28): TA Global Bhd has signed a Memorandum of Understanding (MoU) with Affin Bank Bhd to establish a “strategic partnership” that will offer the Affin Home Step Fast/i home financing solution.

This programme will allow potential homebuyers to 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, according to a media release by TA Global.

Qualified borrowers will also benefit from 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,” said Lee Yen Foong, chief operating officer of TA Global.

“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,” added Lee.

Jessie Wong, managing director of Mortgage Business of Affin said that the competitive repayment rates and great savings that Affin Home Step Fast/i brings “will maximise homebuyers’ confidence, setting them on a stronger financial position and enriching their futures”.

“We are delighted to have reached this understanding with TA Global. Here at Affin Bank, we remain committed to offering the best home financing services alongside key developers in Malaysia,” she added.

Affin Home Step Fast/i is currently available for ALIX Residences in Kiara North, with more projects set to be added to the list in the near future.

A low-density development nestled within a 4.55-acre freehold land, ALIX Residences has recorded a 75% take-up rate and is “poised to be Kuala Lumpur’s most sought-after address with its spacious layouts and best-in-class facilities”, stated TA Global.

The development is set to be completed by 2024.