Housing Loan

Best 5 Malaysia Home Financing Assistance Programmes 2024

Malaysia Home Financing Program

Financial solutions to facilitate homeownership

To facilitate homeownership in Malaysia, various Government-assisted schemes are introduced to enable first-time house buyers and youths to purchase a home. Financial institutions in Malaysia also offer competitive products to eligible borrowers to purchase or construct a home.


Financing Advisory Services

Khidmat Nasihat Pembiayaan (MyKNP)

MyKNP is a collaborative effort between Bank Negara Malaysia, Credit Guarantee Corporation Malaysia Berhad and Agensi Kaunseling dan Pengurusan Kredit, with the support of the financial industry which aims at improving financing applicants’ experience, including providing greater understanding of the factors affecting their financing applications as well as helping in raising their eligibility for future financing.

Government Assisted Financial Schemes

Skim Jaminan Kredit Perumahan

Skim Jaminan Kredit Perumahan

Guarantee scheme to enable applicants above 18 years old with good repayment capability but without fixed income, to purchase their first home priced up to RM300,000.

Skim Rumah Pertamaku SRP

My First Home Scheme (Skim Rumah Pertamaku)

Guarantee scheme that enables applicants below the age of 40 with monthly income of up to RM5,000 (for single) and RM10,000 (married) to purchase homes of up to RM500,000.

BSN MyHome

BSN My Home (Skim Perumahan Belia)

Financing facility to assist single or married youths between 21 to 45 years old, with income of up to RM10,000 to own their very first home.

Special Financing Scheme

PR1MA Special End Financing Scheme

Financing facility to assist applicants above 21 years old to purchase PR1MA homes with flexible loan repayment.

Related posts

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Consumer Guide on Getting a Housing Loan


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