Caixa announced this Tuesday (9) that it had once again allowed its clients to take out more than one real estate loan with the resources of the SBPE (Brazilian Savings and Credit System). This measure, suspended since November 2024, is part of a set of changes initiated this year to ease credit restrictions, expand access to housing and stimulate the construction sector.
In practice, the rule removes a barrier that prevented customers with active financing, as well as their spouses – regardless of their marital status – from taking out a second home loan through the bank. The restriction lasted 13 months, during which Caixa tried to avoid a greater mismatch between credit demand and SBPE’s reduced liquidity.
With the resumption of the modality, families and investors once again have access to multiple operations of the line, whose correction is carried out by TR and which offers rates from 10.99% per year, with a duration of up to 35 years.
According to the president of Caixa, Carlos Vieira, the change was possible after the Central Bank released part of the savings reserve, a requirement that determines the volume that institutions must maintain.
In a note, Vieira said that “the release of the need for savings contributes to increasing the liquidity of the financial system, providing support for real estate credit operations in a scenario of increased demand.”
For Murilo Arjona, real estate financing specialist, the measure creates a more favorable scenario for both the buyer and the market.
During the restriction period, only three modalities allowed more than one CPF financing: Caixa’s own auction properties, projects linked to the bank and operations linked to the CDI, which reached an interest rate of more than 15% per year, which limited consumer interest.
With the new rule, all lines again allow multiple financings, including SBPE, separate properties and traditional operations that were blocked.
This measure is in addition to a broader set of adjustments aimed at the purchase of their own housing by the middle and upper classes.
Last month, the federal government raised the ceiling of the SFH (Housing Financial System), which went from R$1.5 million to R$2.25 million, repositioning part of medium and high-end properties within the rules of the system, known for offering lower interest rates than the SFI (Real Estate Financial System).
Previously, Caixa also increased the financing quota, refinancing up to 80% of the property value in the SAC modality and 70% in the Price modality, which reduces the need for a deposit and gives more scope to families whose income has been compressed by inflation and rising property prices.
Another front is the credit line for renovation, launched in October under the Reforma Casa Brasil program, with more attractive rates.
Thierry Mendes, real estate broker and partner at Arremate Perfeito, a company specializing in education, legal advice and intermediation in the real estate sector, says the change tends to increase competition between banks and could reduce barriers to access to financing in 2026.
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