Owning your own home is the dream of millions of Brazilians, and the program My House My Life is one of the most accessible gateways to this.
But, after all, How to get approved for My House My Life and ensure this important step with peace of mind?
Many people start the process and get lost in the midst of paperwork, criteria and analyses.
The good news is that with the right information, you can prepare in advance and significantly increase your chances of approval.
If you are taking the first steps or have already started the process, keep reading and find out everything you need to have your financing approved without any headaches.
Understand How Approval Works in My Home My Life
The program is aimed at families with incomes of up to R$8,000 per month, divided into bands. Each band has specific criteria for approval, different subsidies and interest rates proportional to income.
Financing approval depends on three major factors:
- Family profile and income range
- Complete and updated documentation
- Credit analysis carried out by Caixa Econômica Federal
Being clear about these points is the first step to avoiding surprises along the way.
Requirements to Participate in the Program
Before thinking about approval, it is essential to know if you meet the basic rules of the program:
- To have over 18 years old
- Gross monthly family income up to R$ 8,000
- Not having another property in your name in the national territory
- Not having a bad credit rating (restrictions on credit agencies)
- Not having received other government housing benefits
- To be with the Single Registry (CadÚnico) updated
If your income is within the limits, and you meet these criteria, it's time to move on to the next step.
Fundamental Steps to Being Approved for My Home My Life
1. Keep your CadÚnico up to date
CadÚnico is the official registry of low-income families. It is essential for you to be correctly classified in the program.
Look for the CRAS closest to your home to update or register. It is through this that the government assesses your family income, family composition, address and other information.
2. Simulate the Financing
First of all, access the CAIXA Housing Simulator to know:
- Which program band do you fit into?
- Value of the property that can be financed
- Subsidy available
- Value of down payment and installments
This simulation is your first sign of viability.
3. Organize All Necessary Documentation
Having all the documents on hand avoids delays and rejections due to lack of information. You will need:
- Identity document (RG and CPF)
- Proof of marital status
- Proof of residence
- Proof of income of family members
- Work card (CLT case)
- FGTS statement (if using)
- Income Tax Return (if applicable)
Depending on the modality, other documents may be requested. Be prepared!
4. Avoid Name Restrictions
Having a negative credit rating can make it difficult or impossible to obtain approval. Caixa performs credit analysis even for lower income groups.
Negotiate debts, clear your name with agencies such as Serasa and SPC, and improve your score before starting the process.
5. Clearly Prove Your Income
If you work informally, you will need to present a self-declared income statement. This step is accepted by Caixa, but the more documents you can present to prove the monthly income (bank statements, receipts, transfers), the better.
For formal workers, the pay slips for the last three months are already enough.
Who is Most Likely to Pass?
Your chance of approval increases if you:
- He has stable income, even if informal
- This with a clean name
- It presents full documentation
- Already did the housing simulation
- Have the Updated CadÚnico
- Are in an income range compatible with the program limits
In addition, opting for properties from partner construction companies such as MRV, Tent or Rodobens can speed up the process, as these companies have direct integration with the Caixa system.
Extra Tip: Use FGTS to Increase Your Chances
You can use the FGTS to:
- Increase the input value
- Reduce the financed amount
- Deduct installments throughout the contract
This makes approval easier, as it reduces the financing risk.
Access the official FGTS website here and check if you have available balance.
Conclusion
To know How to get approved for My House My Life It requires attention to detail, organization and patience. But the effort is worth it when you get the keys to your own home.
Simulate, prepare your documentation, keep your data up to date and avoid debts. This way, your chances of approval increase — and the dream of owning your own home becomes closer than you imagine.
Frequently Asked Questions about Approval for My Home My Life
1. Can I be approved with a bad credit history?
In general, no. Even in lower ranges, Caixa performs credit analysis. The ideal is to regularize your situation before applying for financing.
2. I am self-employed. Can I participate?
Yes. You must self-declare your income or provide informal proof, such as statements and receipts.
3. Is CadÚnico mandatory?
Yes, especially for bands 1 and 2. It is used to check your socioeconomic status.
4. How long does it take to get approved?
After submitting the documentation and credit analysis, the deadline is usually 30 to 45 days, and may vary.
5. Do I need to choose the property before approval?
It is not mandatory, but having a property in mind makes approval easier and speeds up the process with Caixa.