Caixa Restores Access to Multiple SBPE Mortgages

Overview

• Effective this week, Caixa reinstated the option for customers to take more than one mortgage financed with SBPE resources.
• Borrowers who already hold a home loan — including spouses regardless of marital regime — may apply for a new SBPE contract.
• SBPE loans have balances updated by the TR, carry interest rates starting at 10.99% per year, and offer repayment terms up to 420 months.
• The move is part of a broader package that raised the SFH ceiling to R$2.25 million, increased financed quotas to up to 80% in SAC and 70% in Price, and introduced a renovation credit line.
• Caixa, the market leader, earmarked R$30 billion from the Social Fund for Minha Casa Minha Vida and R$10 billion in its own SBPE line to expand mortgage supply.