SMART Mortgage SJKP

Package Name

SMART Mortgage SJKP

Finance your first home with a fully shariah home ownership scheme up to 110% financing or maximum amount of RM500,000 (including MRTT/MLTT, LTHT, Legal and Valuation Fees).

SMART Mortgage – Skim Jaminan Kredit Perumahan – Madani (SJKP – Madani)

• Finance your first home with a fully Shariah-compliant home ownership scheme up to 120% financing margin or up to a maximum amount of RM360,000.
• Includes financing for MCRE Financing (Movement Costs & Related Expenses i.e. MRTT/MLTT Takaful, LTHT, legal fees, valuation fees & stamp duty) and includes additional costs for renovation work, home fittings and furniture.

Eligibility

• All individuals & joint applicants
• For fixed income earners, non-fixed income earners and self-employed
• First time house buyers for own occupation

SMART Mortgage SJKP SUPER

Offers a Step-Up Profit Rate that brings more benefits for first home buyers

The key benefits for customers include:

• Lower initial monthly installment for the first 5 years, providing immediate financial assistance.
• Profit Servicing only during property under construction, making more manageable financial cashflow.
• Opportunity to conserve cash, allowing customers more disposable income to save or manage other financial obligations.
• Build up better standing credit profile, alongside their career journey.

Documents required

Fixed Income Earner:

• Photocopy of MyKad
• Latest 1-month salary slip
• Latest 1-month Bank Statement
• Latest EA / EC / J Form
• Verification through the ‘HRMIS’ System for government servants
• Original S&P Agreement/ booking sheet/ down payment receipt
• Any additional documents (if required)

Self-Employed or Non-Fixed Income Earners:

• Photocopy of IC;
• Latest 6 months Bank or deposit account statement (personal / business)
• Business and relevant license; or self-employed related document (whichever is applicable)
• Latest tax receipt
• Visit business premises (for verification of employment and/or conducting business)
• Any additional documents (if required)