First Time Home Buyer Housing Loan
Introduction
First Time Home Buyer Housing Loan helps first time home buyer to obtain up to 110% financing for property with purchase price up to RM300,000.
This is in line with the Government's aspirations of increasing home ownership amongst the "rakyat" (Malaysian).
Eligibility
Under-construction or completed residential property with purchase price up to RM300,000
Malaysia citizen
Malaysian house buyer for the purpose of own occupation
Single or joint applicants
Gross monthly household income up to RM5,000
Salaried worker or self-employed
No record of impaired financing for the past 12 months
Documents Required
For employed individual:
Photocopy of NRIC
Sales & Purchase Agreement / Booking receipt
Latest 3 months' salary slip
Latest 6 - 12 months' commission statements (for commission earner)
Latest 3 - 12 months' bank statements showing income crediting
Latest EPF Statement
Certificate on completion of Agensi Kaunseling dan Pengurusan Kredit (AKPK) online financial literacy course at AKPK's RumahKu portal at the point of submission for application of all applicant(s)
For self-employed individual:
Photocopy of NRIC
Sales & Purchase Agreement / Booking receipt
Business registration and other valid business certification by relevant authority
Latest 6 – 12 months' business bank statements
- Latest financial account / management account or Profit & Loss statement
- Certificate on completion of Agensi Kaunseling dan Pengurusan Kredit (AKPK) online financial literacy course at AKPK's RumahKu portal at the point of submission for application of all applicant(s)
Application Procedures
Please contact our Sales Team at 03-2387 8228 / 03-2387 8815 or visit any of our Branches for more information.