Malaysia – Guarantee - Malaysia

1	Sector guaranteed	"Cagamas provides mortgage guarantee solutions through the Mortgage Guarantee Programme (MGP), which is offered by its sister company, Cagamas SRP Berhad (CSRP). The programme supports homebuyers, first time homebuyers, and eco conscious homebuyers through products including MGP, First Home MGP, and Green MGP. https://www.cagamas.com.my/product/mortgage-guarantee-programme"
2	Eligibility criteria	"Eligibility criteria vary by product and are defined based on borrower profile, maximum property value, and loan to value (LTV) thresholds. Depending on the product, financing coverage may extend up to 95% LTV, or up to 110% LTV for first time and green home financing, subject to prescribed limits. https://www.cagamas.com.my/product/first-home-mgp https://www.cagamas.com.my/product/green-mgp"
3	Risk covered	The guarantee covers the defaulted outstanding principal amount on the guaranteed tranche or portion of the mortgage, within the agreed LTV ranges applicable to each MGP product. https://www.cagamas.com.my/product/mortgage-guarantee-programme
4	Beneficiary of guarantee, treatment of guarantee (if applicable)	The mortgage lender is the beneficiary of the guarantee. For regulated mortgage lenders (i.e. licensed financial institutions), a 20% risk weight is applied to the portion of the mortgage guaranteed by CSRP. https://www.cagamas.com.my/corporate/srp https://www.cagamas.com.my/investors/annual-reports
5	Payer for guarantee	Fee is paid by the mortgage lender https://www.cagamas.com.my/product/mortgage-guarantee-programme
6	Other Comments	N/A