Housing Credit Guarantee Scheme (HCGS)
- Purpose of Financing
Mortgage Financing - Financing Limit
Up to RM500,000.00 (including principal financing amount, MRTT*/MRTA*, LTHO*, solicitor’s fee and valuation fee) - Facility Type
Term Loan/ Term Financing-i - Financing Tenure
Up to 35 years or up to the tenure of the loan financing, whichever is earlier (two generation financing allowed) - Guarantee Coverage
*More than 100% guarantee coverage on financing amount obtained from participating Financial Institutions (Including principal financing amount, **MRTA/ MRTT, LTHO, solicitor’s fee and valuation fee) - Interest/ Profit Rate
As determined by the participating FI
*Subject to financing not exceeding RM500,000
**MRTA: Mortgage Reducing Term Assurance
**MRTT: Mortgage Reducing Term Takaful
**LTHO: Long Term House owner’s Takaful