FOVISSSTE Urges Immediate Conversion of Housing Credit to Pesos to Prevent Increase: How to Apply and Eligibility

The conversion must be carried out as soon as possible. (Photo: Pixabay)

A few days before starting the year 2024, the ISSSTE Housing Fund (FOVISSSTE) called on people who have not restructured their housing credit to apply it as soon as possible, that is, carry out the conversion of ONE to pesos, since this will prevent the amount from going up.

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The organization asked interested parties to consider the requirements and the process it establishes to be able to make the modification, since only those who meet the characteristics and conditions will be able to access this benefit.

According to the organization, at least 40 thousand people were notified that they will have to make the adjustment.

The process can be carried out via the web. (Photo: Pixabay)

-The interested party will have to consult their account statement on the Fovissste website. Here

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-Once the registration process is completed, Fovissste will inform if your credit applies to the program to make the conversion

-If you accept, an email will be sent to you with a folio and instructions with the steps to follow.

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The objective of the restructuring is to support people who have a debt much greater than what they reflected when they bought their home.

This benefit will apply to people who received an email and who meet the characteristics, once you have consulted their account statement on the internet microsite.

The person who received the notice and who wants to make the modification must sign an agreement before a public notary. The costs of this procedure will be paid by the institute.

According to the Fovissste, this program is the result of the reforms to the Issste Law.

The good news is that during this process, the institution will absorb the notary expenses in order to have greater facilities for the population to benefit in this type of cases.

People should consider the adjustment to avoid increasing their credit. (Photo: Pixabay)

If you are one of the beneficiaries who has a loan from the Institute of the National Housing Fund for Workers (Infonavit) and this increases each year, then you must convert this credit to pesos.

This situation is due to the fact that the financing it acquired years ago was through the Times Minimum Wage (VSM) scheme.

The institute asks beneficiaries who are under this scenario to convert their credit to pesos as soon as possible, otherwise it will continue to rise, a situation that affects thousands of people and even becomes unpayable financing.

2024-01-12 15:15:50
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