Mortgage/-i

Dream Financing For Your Dream Property.

Owning a property begins with the right financing plan. Keep things simple and convenient with our basic or flexible mortgage options.


 
Mortgage/-i

Owning property becomes easier when you Mortgage with us. We offer different loan services to better meet your demands, be it your home, office and more.

Skim Jaminan Kredit Perumahan (SJKP)

Skim Jaminan Kredit Perumahan (SJKP)

A home ownership initiatives that helps first-time homebuyers to get up to 100% financing.

Alliance Green Mortgage

Alliance Green Mortgage

Own your eco-friendly home today with our Green Mortgage, offering a preferential rate for a greener tomorrow.

Alliance FlexSave Home Loan

Alliance FlexSave Home Loan

Enjoy the option of making extra payments and redraw any excess fund to save on loan interest.

  • Margin of financing up to 90% + 5% Credit Insurance* and/or Finance Entry Cost.
  • Loan tenure up to 35 years/70 years of age, whichever is earlier.
Alliance FlexLink Home Loan

Alliance FlexLink Home Loan

A flexible home loan linked to a current account, for easier access to your funds at any time.

  • Your excess deposits help offset the outstanding principal amount, saving you interest and reducing the loan's tenure.
  • You may deposit more than your monthly instalments or withdraw any excess amount at any time. No forms, no minimum amounts, no hassle.
Alliance Commercial Property Loan

Alliance Commercial Property Loan

Owning commercial properties is easier with us, be it for shop lots, office lots or other commercial properties.

  • Margin of financing up to 85% + 5% Credit Insurance* and/or Finance Entry Cost.
  • Loan tenure up to 25 years/70 years of age whichever is earlier
Alliance Basic Home Loan

Alliance Basic Home Loan

Own your dream home with our standard home loan that suits your basic financial needs.

  • Margin of Financing up to 90% + 5% Credit Insurance* and/or Finance Entry Cost.
  • Loan tenure up to 35 years/70 years of age, whichever is earlier.
Alliance One Account

Alliance One Account

A mortgage refinancing that turns the value of your properties into extra cash to meet your needs.

  • High margin of financing up to 95% with legal fees and insurance financing.
  • Loan tenure up to 35 years or age 70.
Alliance Home Complete

Alliance Home Complete

Get additional funds up to RM150,000 for renovations, furnishing and personal use on top of your home loan.

Alliance Home Financing-i

Alliance Home Financing-i

Get the house of your dreams with flexible financing tenure, so you don't have to worry about paying for it immediately.

  • Long financing tenure based on your affordability.
  • May be used to refinance an existing home financing facility.
Alliance Term Financing-i

Alliance Term Financing-i

Flexible mortgage financing with deposits and redraw facilities with tenures of up to 35 years.

  • Long financing tenure based on your affordability.
  • No early settlement fees.

FAQs about Alliance Bank’s Housing Loan /Financing

The basic documents required for Mortgage/-i application are:

Salaried Self-Employed
Identification Documents:
  • Copy of Malaysian Identification Card (MyKad)
  • Copy of Passport and Work Permit/PR ID for non-Malaysian citizen
Income Documents:
  1. Latest 3 months of salary slip
  2. Latest EPF statement (13 months record)
  3. Latest Borang B/BE
  4. Latest 3 months of bank statement to proof income crediting
Supporting Documents:
  1. Copy of Sales and Purchase Agreement or Booking Receipt
Identification Documents:
  • Copy of Malaysian Identification Card (MyKad)
  • Copy of Passport and Work Permit/PR ID for non-Malaysian citizen
Income Documents:
  1. Business Registration or SSM
  2. Latest 6 months company bank statements
  3. Latest 2 years Borang B
  4. Tax Receipt or e-Ledger
Supporting Documents:
  1. Copy of Sales and Purchase Agreement or Booking Receipt

Please note that these are just the basic documents required. The bank may require additional documents depending on individual circumstances.

Click HERE to leave your details and our Mortgage Specialist will contact you as soon as possible

Alliance Bank/Alliance Islamic Bank finance residential and/or commercial properties.

  1. Ensure all required documents are complete and in order when applying for a home loan/financing.
  2. Maintain a healthy credit score, as it reflects applicant’s creditworthiness.
  3. Have a stable employment and a reliable source of income.
  4. Keep your debt service ratio and commitment low.

Use a mortgage calculator to estimate your monthly instalment amount, click HERE .

You may make monthly payments through any of the below recommended payment methods:

  • Interbank GIRO (IBG)/Instant Interbank Funds Transfer (IBFT) via ATM or Internet Banking.
  • Direct Debit from your Alliance Current Account/Savings Account via the Alliance Online Banking or Standing Instruction (SI).
  • Over-the-counter payments or at the self-service kiosk located at any Alliance Bank branch.

You have the option to fully settle your loan/financing before the tenure ends. However, if your Conventional Home Loan is still within the lock-in period of 3 years, an early termination fee of 2% will be imposed on your approved loan amount. For more details, please refer to your Conventional Loan Product Disclosure Sheet (PDS).

This depends on the mortgage/-i type you choose.

Our FlexSave Home Loan and FlexLink Home Loan/ Financing allow you to make extra payment. This will help you to save on interest/profit paid and shortened your loan/financing tenure. For more details, please visit the product pages for FlexSave Home Loan and FlexLink Home Loan/ Home Financing-i on our website.

For all loans/financing pegged to a reference rate (i.e., BLR/BFR, BR or SBR) your monthly instalment will be revised due to the change of Reference Rates in accordance with the Overnight Policy Rate (OPR) changes.

The Bank will notify you of the changes through various communication channels as determined by the Bank, including

  • SMS;
  • Email;
  • Announcements on the Bank’s website;
  • Insertion in the statement of account;
  • Through any other means of notification as determined by the Bank.

To understand more about OPR, please refer to

https://www.alliancebank.com.my/Alliance/media/Pdf/Overnight-Policy-Rate-and-Alliance-Bank-Standardized-Base-Rate.pdf

There are several other charges and fees that may apply. These include:

  • Set-up fee
    RM200.00 (one time-off) is charged for a Conventional Home Loan with Redrawal Facility (FlexSave Home Loan) and FlexLink Housing Loan.
  • Withdrawal fee
    RM50.00 is applied for every withdrawal of excess funds in advance payment for a Conventional Home Loan with Redrawal Facility (FlexSave Home Loan).
  • Legal and disbursement fees
    This fee covers the solicitor's fee, as per the scale in the Solicitors’ Remuneration Order (SRO), and the disbursement fee, which includes registration fees, search fees, and other related charges.
  • Stamp duty
    Stamp duty as per the Stamp Duty Act 1949 (Revised 1989).
  • Valuation fee
    A valuation fee is charged for the preparation of a formal valuation report (applicable for completed properties only).
  • Maintenance Fee
    RM10.00 monthly maintenance fee is required for FlexLink Current Account.

For the latest information on all fees and charges, please visit the Alliance Bank’s website.