Co-opbank Pertama partners PR1MA to help middle-income group own homes

• PR1MA house buyers do not need to pay a down payment, in line with the government's desire to help people with home ownership.

KUALA LUMPUR (Jan 30): Co-opbank Pertama (CBP) has partnered PR1MA via the CBP MyPR1MA scheme to help the middle income group nationwide to own their own homes.

In a statement on Sunday (Jan 29), CBP said PR1MA house buyers can get up to 110% financing via the scheme which includes the housing loan facility, legal costs and takaful from CBP.

Its chief executive officer Khairul Anuar Mohammad Anuar said PR1MA house buyers do not need to pay a down payment, in line with the government's desire to help people with home ownership.

"The profit rate offered is also very competitive, in line with other financial institutions in the market. An advantage of the 110% financing is that it offers a comprehensive risk protection which will benefit first-time buyers particularly," he said.

CBP also offers other financing options like Al-Amali Financing (houses and shoplots), Ar-Rahah Financing (land financing) and also CBP Rumah Pertamaku.

Those seeking housing finance and other banking products and services can visit www.cbp.com.my or visit 29 CBP branches nationwide.