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Property Buying Tips For Any Buyer Buying real estate can be a wise investment. There are many things, however, you need to consider before and during the buying process. Do not jump-in-over-your-head and regret your decision! This article can help you with some of the items that need to be considered. Read on. When purchasing [...]
BLR-2.40% For loan amount RM200,000 & above. Subject to Customer Profile, Property Profile and Bank(s)' Terms & Conditions apply (Until 30th April 2013) For more home loan information, please contact us now !
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% [...]
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 [...]
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 [...]
Hi everyone, Happy new year to all! Last few days, we received many emails and calls regarding 100% loan. We called some of the government bodies or department and unfortunately, this issue still remain in the dark. We hope everyone understand our position for not able to give any advices or comments on this issue. [...]
Auction can simply be described as the sale of a property to the highest bidder. They are conducted to enable banks or other financial institutions to recover the loan granted to borrowers who have defaulted under the terms of repayment by selling off the properties that have been charged or assigned to them as security [...]
Hi Everyone, We are receiving tremendous request to explain in details for the new ruling “3rd House Financing Facility With Maximum Loan to Value 70%” .We would like to clear the air with the chaos in the housing loan sector. Here, we provide simple example for this new ruling. These simple conditions apply: [...]
Hi everyone, the most nerve breaking news for property financing in 2010 had been announced. Bank Negara quote “ with immediate effect the implementation of a maximum loan-to-value (LTV) ratio of 70%, which will be applicable to the third house financing facility taken out by a borrower.” Nevertheless, these rumours had been spreading in the [...]
Bank Negara Malaysia wishes to announce with immediate effect the implementation of a maximum loan-to-value LTV ratio of 70% housing loan, which will be applicable to the ( 3rd house ) third house financing facility taken out by a borrower. Financing facilities for purchase of the first and second homes are not affected and borrowers [...]
