CMN Resolution No. 5,254 — Amending CMN Resolution No. 5,209 Regarding Financial Charges, Financing Terms, and Commissions for Social Fund Operations under the Minha Casa, Minha Vida Program

CMN RESOLUTION NO. 5,254, OF OCTOBER 10, 2025

Amends CMN Resolution No. 5,209, of April 30, 2025, which establishes the financial charges, financing terms, and commissions due by the financing borrower, as administration and risk fees for financing operations with resources from the Social Fund – FS, destined for the Minha Casa, Minha Vida Program – PMCMV.

The Central Bank of Brazil, in accordance with Article 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in an extraordinary session held on October 9, 2025, based on Article 4, caput, items VI and VIII, of the aforementioned Law, and considering the provisions of Articles 4, caput, items III and IV, and 6, caput, items I and VII-A and § 19, item IV, of Law No. 14,620, of July 13, 2023, as well as Article 5, §§ 2 and 4, of Decree No. 12,424, of April 3, 2025, Article 59-A of Law No. 12,351, of December 22, 2010, and Article 4 of MCID Ordinance No. 1,177, of October 8, 2025,

R E S O L V E S:

Article 1. CMN Resolution No. 5,209, of April 30, 2025, published in the Official Gazette of the Union on May 6, 2025, shall enter into force with the following amendments:

“Article 1. This Resolution establishes the financial charges, financing terms, and commissions applicable to financing lines within the Minha Casa, Minha Vida Program – PMCMV, with resources from the Social Fund – FS, destined, in accordance with applicable legislation and the corresponding budget programming, for the following purposes:

I - financing of housing units, with the objective of facilitating access to housing for individuals whose monthly family income falls within Income Bracket 3 of the PMCMV; and

II - financing for the execution of housing improvement interventions, renovations, and expansions, including the purchase of construction materials, with the objective of promoting the right to adequate housing for individuals whose monthly family income does not exceed R$9,600.00 (nine thousand six hundred reais);

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” (NEW)

“Article 2. The following conditions apply to the financing lines referred to in Article 1, caput, item I:

I - nominal financial charges to borrowers, as remuneration for the financial institution, up to 2.16% a.a. (two and sixteen hundredths percent per year);

II - nominal financial charges to borrowers, as remuneration for the Social Fund – FS, of 6.00% a.a. (six percent per year);

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IV - absence of grace period, except for financing destined to the housing unit construction modality, for which the grace period shall be equivalent to the period provided for the execution of works and services, limited to thirty-six months.

§ 1. .........................................................................................................................................

§ 2. During the 2025 fiscal year:

I - the rate referred to in item I of the caput shall be up to 3.28% a.a. (three and twenty-eight hundredths percent per year); and

II - the rate referred to in item II of the caput shall be 4.88% a.a. (four and eighty-eight hundredths percent per year).

§ 3. The financial charges set forth in items I and II of the caput shall apply to the debtor balance of the operations updated by the Reference Rate – TR, calculated based on Resolution No. 4,624, of January 18, 2018.” (NEW)

“Article 3. The financial institution is authorized to charge, in addition to the provisions of Article 2, in the operations referred to in Article 1, caput, item I, the following fees, as provided in a norm of the FGTS Board of Trustees:

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(NNEW)

“Article 3-A. The following conditions apply to the financing lines referred to in Article 1, caput, item II:

I - nominal financial charges to borrowers, as remuneration for the financial institution, up to:

a) 1.00% p.m. (one percent per month), for families with monthly income up to R$3,200.00 (three thousand two hundred reais); and

b) 1.78% p.m. (one and seventy-eight hundredths percent per month), for families with monthly income between R$3,200.01 (three thousand two hundred reais and one cent) and R$9,600.00 (nine thousand six hundred reais);

II - nominal financial charges to borrowers, as remuneration for the FS, of 0.17% p.m. (seventeen hundredths percent per month);

III - maximum financing and amortization term of sixty months; and

IV - maximum grace period of one hundred and eighty days.” (NEW)

“Article 3-B. The operations referred to in Article 1, caput, item II are exempt from the requirement of insurance coverage and the provision of guarantees, provided they do not fall under the Housing Financial System – SFH and the Real Estate Financing System – SFI, in accordance with Resolution No. 4,676, of July 31, 2018.” (NEW)

Article 2. This Resolution enters into force on the date of its publication.

GABRIEL MURICCA GALÍPOLO

President of the Central Bank of Brazil