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MY FIRST HOME SCHEME 2013 / MY 1ST HOME SCHEME 2013

January 5th, 2013

MY FIRST HOME SCHEME 2013 CAGAMAS   SRP BHD Joint   Venture between Ministry of Finance/Government of Malaysia and the Cagamas   Group GUARANTEE   COVER Cagamas   SRP Bhd will only guarantee 10% on a “first loss” basis LOAN   FINANCING AMOUNT *Upon   qualification of the scheme, Banks will provide 100% (of SPA/OMV [...]

Filled Under: Latest Article/News, My First Home Scheme
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BUDGET 2013 : HOUSING SECTOR

September 29th, 2012

Budget 2013 takes account of everyone and nobody is left out. While, I think that’s a good news to most of us. This is the most generous Budget that our Prime Minister had presented. The budget 2013 proposes benefit for the well-being of all strata of society, covering various sectors and people of different age [...]

Filled Under: Housing Loan, Latest Article/News, My First Home Scheme, Uncategorized
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MY FIRST HOME SCHEME (MFHS) IS A BIG FAILURE OR A SUCCESS?

April 3rd, 2012

I’ve been reading many publicity and news about My 1st Home Scheme. Although, when the news first broke down by our Prime Minister, everyone welcome such a scheme with an open heart. Even though, government have a good intention to help people, but the Scheme has many weaknesses and flaws. After one year of implementation [...]

Filled Under: 1st Time Home Buyer, Latest Article/News, My First Home Scheme
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MY FIRST HOME SCHEME 2012 FAQ

March 17th, 2011

FREQUENTLY ASKED QUESTIONS: 1. What is Skim Rumah Pertamaku (SRP)/My First Home Scheme? Answer : The scheme is one of the measures announced by the Government in the 2011 Budget aimed at assisting young adults earning RM3000 per month or less to own a home. In  The scheme allows homebuyers to obtain up to 100% financing [...]

Filled Under: 1st Time Home Buyer, Latest Article/News, My First Home Scheme

MY FIRST HOME SCHEME 2012 CRITERIA IN DETAILS

March 9th, 2011

MY FIRST HOME SCHEME 2012   CAGAMAS SRP BHD Joint Venture between Ministry of Finance/Government of Malaysia and the Cagamas Group GUARANTEE COVER Cagamas SRP Bhd will only guarantee 10% on a “first loss” basis LOAN(LTV)/FINANCING AMOUNT *Upon qualification of the scheme, Banks will provide 100% (of SPA/OMV whichever is lower) financing to purchase the [...]

Filled Under: 1st Time Home Buyer, Latest Article/News, My First Home Scheme
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MY FIRST HOME SCHEME

March 8th, 2011

Hi everyone, Under Budget 2011 our government announced many initiatives to help house ownership. These included allocation of RM568 million to build 300 units under the Urban Housing Assistance Scheme and 79,000 units under the People’s Housing Programme. On top of that, an additional allocation of RM50 million has been set aside especially to help [...]

Filled Under: 1st Time Home Buyer, Latest Article/News, My First Home Scheme

100% HOME LOAN FOR FIRST-TIME BUYERS

October 16th, 2010

Budget  2011 Those with income below RM3000 need not make down payment on house. First-time house buyers with a family income less than RM3000 per month can obtain addtional 10% loan under the My First House Scheme (SKIM Rumah Pertamaku). home loan The 10% down payment will be guaranteed by Cagamas Bhd for houses priced [...]

Filled Under: 1st Time Home Buyer, Latest Article/News, My First Home Scheme