2024 is the year to finally achieve the dream of owning a home through the incentive of the Minha Casa, Minha Vida government, which has great news now in the year 2024. In this sense, the new federal administration foresees a large increase in funds to help Brazilians to be able to buy and finance their own home. Are you interested? Let us help you with this article.
How does the Minha Casa, Minha Vida Program work?
The government program is based on financing properties for Brazilians who have a gross income of up to 7 thousand reais per month, where it finances the subsidies and leaves interest rates much lower than any other type of housing financing. Furthermore, there are still subsidies for some social classes such as single mothers, families with children and those in emergency situations.
In this sense, it is important that you know that the program applies to new, used, rural and urban homes and, in addition, you can use your FGTS as part of the down payment and reduce interest rates even further.
Therefore, the property only needs to be approved in accordance with Minha Casa, Minha Vida legislation to be able to be purchased.
Does Everyone Have Rights?
Unfortunately, not every Brazilian is able to participate in the program. In this sense, it is important that you meet some minimum requirements that are imposed by the government. Are they:
- You must have a minimum income of 1,800.00 reais and a maximum of 7,000.00 (however, this income can be single or family. Depending on each case and types of stable union or number of family members).
- Have a clean and unrestricted name at Serasa or SPC (Credit Protection Service).
See How Easy It Is to Sign Up!
Signing up for Minhas Casa, Minha Vida is very easy and an entire simulation can be carried out through a website so you can get an idea of the amounts required for entry, installments, number of installments and also installment values.
Click here to do your simulation.
Then, after carrying out your simulation, simply accept and go to a Caixa branch with your personal documents in hand (ID, identity, proof of income and documents for the property you want to purchase, such as a plan and assessment by an authorized engineer ) and request analysis. After the bank analyzes your financing request, just sign the contract and start paying your installments.
It is worth remembering that the money may take a while to arrive (the deadline is informed before signing) and documents such as plans and engineer assessments may be required. In this sense, it is ideal that you have an amount reserved for these costs that are not included in the financing.
After all, did you enjoy finding out more about how to get your own home through the Minha Casa, Minha Vida Program? Tell us here in the comments and don't forget to send it to your friends and family to stay up to date.
