Several Brazilians still do not have the so dreamy home, one of the rights provided for in the constitution, are not always accessible to the population. A good part of the population ends up having to live on rent, many others end up with nowhere to live. In the end, the money spent on rent will never come back to you.
In this sense, most Brazilians, looking for a way to conquer their own home. Often, the alternative is financing, however, the high entry fees charged become an obstacle.
With that in mind, today we will present an alternative, in the form of a government program, known as Green and Yellow House.
About Casa Verde e Amarela
The program offered by the federal government, called “Green and Yellow House”, is an update to the old program “My home, my life”.
Through this program, the government provides housing, as a way to increase the housing stock, to offer own and “cheap” housing for the low-income Brazilian population.
The program Green and Yellow House, aims to serve something around 1.6 million families, which are considered as low income, as a way of offering a low interest rate, the government uses the FGTS - Severance Indemnity Fund.
Categories for Casa Verde e Amarela
O Green and Yellow House program, was divided into categories, adapting the participants according to their respective gross monthly income, see below:
- Families with gross income of up to R$ 2,000 reais:
In this first range, it is allowed to purchase of a house or apartment by Caixa Federal Economy, with its maximum interest rates of 4,75% per year.
In this range, there are even subsidies of up to R$ 47,500 thousand, depending on income and the region where the citizen lives. And they still have, with a financing period of up to 30 years to finish paying off their house or apartment.
- Families with gross income of up to R$ 4,000 reais:
In this second category, the subsidy of up to R$ 29 thousand, also based on your income and location of residence.
- Families with gross income of up to R$ 7,000 reais:
In this third category, the program offers very attractive interest rates, with special conditions that must be consulted on a case-by-case basis, according to the beneficiary's profile.
Next, simulate the income category you are in, in addition, choose or not, whether you are going to start the procedure alone, or with aid of some entity, after that, you will be able to have an idea of which benefits may be acquired.
Only then will you be able to forward the documentation requested by Federal Savings Bank.
How Casa Verde e Amarela works
THE Cashier, offers a handout, where you can better understand how the real estate financing, Click here.
services
Are you interested in the Casa Verde e Amarela program? Want some more information? Do you have more questions? Need to do a simulation? In all cases, enter the website of Federal Savings Bank.
