S P Setia partners Affin Bank to provide Home Step Fast/i home financing solutions

• Home Step Fast/i homebuyers will receive a margin of financing of up to 90% with an additional 5% allocated for home loan insurances, legal and documentation fees, including as stamping and valuation fees.

SHAH ALAM (Sept 20): S P Setia Bhd is partnering Affin Bank Bhd to offer home financing solutions to homebuyers of the developer’s selected projects.

In a media release today, S P Setia announced that Home Step Fast/i allows its “homebuyers, especially first-time buyers, to enjoy a better cash flow. It offers the flexibility of low monthly repayments for the first five years from vacant possession”.

Home Step Fast/i homebuyers will receive a margin of financing of up to 90% with an additional 5% allocated for home loan insurances (MRTA, MRTT, MLTT or CLTA), legal and documentation fees, including as stamping and valuation fees.

The loan tenure is “spread up to 30 years or until 70 years of age with no lock-in period or early settlement fee required”.

Also, buyers who need emergency funds can opt to convert their loans into savings schemes.

S P Setia’s participating properties of the Home Step Fast/i solutions in the Klang Valley are Setia AlamImpian, Bandar Kinrara, Setia Alam, Setia Alamsari, and Setia EcoHill. Johor participating properties include Setia Tropika, Setia Eco Gardens, Bukit Indah and Setia Sky 88.