2025 MCMV REGRAS ATUALIZADAS! Minha Casa Minha Vida

Summary

In this video, the hosts, real estate agents Luet and her spouse, explain everything about the 'Minha Casa Minha Vida' program. They discuss eligibility criteria for individuals with or without property, including cases involving inherited homes. The video also covers how income brackets impact participation and financing options, such as the limits for new and used properties. They clarify common misconceptions, such as the rules for owning property in different cities, and provide insights into tax rates and government policies. Viewers are encouraged to share questions, as the hosts promise to answer them in future videos.

Takeaways

• 😀 You do not need to own a property to qualify for the Minha Casa Minha Vida program. Having a property in a different city is fine as long as it is paid off.
• 😀 If you inherit a property, eligibility depends on the ownership share. If you own 50%, you are ineligible, but with less than 50%, you can still apply.
• 😀 The program has three income brackets: Faixa 1 (up to R$ 2,640), Faixa 2 (R$ 2,641 to R$ 4,400), and Faixa 3 (R$ 4,401 to R$ 8,000).
• 😀 There is a government rule change that raised the income limits for Faixa 1 and Faixa 2, but the practical implementation of these changes is not yet fully reflected.
• 😀 Properties in rural areas or with informal contracts (like 'contrato de gaveta') may still be eligible under certain conditions.
• 😀 Faixa 1 properties are often very limited and typically come from agreements between constructors and local governments.
• 😀 Faixa 2 and Faixa 3 properties are generally provided by construction companies and have higher price ceilings based on the city population.
• 😀 In urban areas, properties financed under the Minha Casa Minha Vida program are available, but rural properties with official documentation may not be eligible in certain cases.
• 😀 The government finances 80% of new properties, with a 20% down payment required. For used properties, only 50% is financed, requiring a 50% down payment.
• 😀 The Minha Casa Minha Vida program has varying interest rates based on the region of the country, with different rates for the North, Northeast, and other regions.

Q & A

Who is eligible to participate in the Minha Casa Minha Vida program?

To participate in the Minha Casa Minha Vida program, you do not necessarily need to own any property. You can still qualify even if you own a property, as long as you meet the other requirements, such as residing in the city or a neighboring city where you plan to purchase the home.

Can someone who owns a property in a different state still buy a house through the Minha Casa Minha Vida program?

Yes, as long as the property in the other state is paid off (not financed), you can still purchase a home in the Minha Casa Minha Vida program, even if it is located in a different state.

How does the inheritance of a property affect eligibility for the Minha Casa Minha Vida program?

If you inherit a property, you can still participate in the program if your share of the inheritance is less than 50%. If it is a 50-50 split with another heir, you would not be eligible, but a 49% share would allow you to apply.

Does owning just land without any construction affect eligibility for the Minha Casa Minha Vida program?

No, owning land by itself does not disqualify you from the program, as long as there is no construction on the land. However, if there is a structure built on the land, it could affect your eligibility.

Can you participate in the Minha Casa Minha Vida program if you own property in the rural area?

Yes, if the property is in a rural area and has no formal registration (i.e., a 'contract of convenience'), it will not affect your eligibility. However, if the property has formal registration in a municipality that is close to the property you want to buy, it might disqualify you.

What are the income categories for the Minha Casa Minha Vida program?

The program has three income brackets: Faixa 1 (up to R$2,640), Faixa 2 (R$2,641 to R$4,400), and Faixa 3 (R$4,401 to R$8,000). These brackets determine the available housing options and the subsidies you may receive.

Can people in Faixa 1 (low-income) still buy a house under the Minha Casa Minha Vida program?

Yes, people in Faixa 1 can still buy homes, but the value of the property must be within the specific limits set for that income category. Faixa 1 includes programs for those on Bolsa Família or BPC LOAS.

What are the differences in property value limits between Faixa 1, Faixa 2, and Faixa 3?

Faixa 1 properties are typically subsidized by the government and are usually difficult to find, often being linked to local municipalities. Faixa 2 properties are more common and can go up to R$264,000, while in smaller cities, it may be lower. Faixa 3 properties can go up to R$350,000 for new properties, with used properties being limited to R$270,000.

What is the minimum required income to buy a property through Faixa 2 of the Minha Casa Minha Vida program?

The income range for Faixa 2 is between R$2,641 and R$4,400, depending on the location and other factors. It is important to check with your local municipality to determine the exact income limits for your area.

What are the loan terms and requirements for properties in the Minha Casa Minha Vida program?

For properties under Faixa 1, loans often come with very low interest rates, and the government might subsidize the payments. In Faixa 2, loans are typically provided by construction companies, while Faixa 3 properties may have higher rates with a larger down payment required for used properties (50% compared to the 20% for new properties).