One of the most common beliefs among people affiliated with the Institute of the National Housing Fund for Workers (Infonavit) is that this organization can grant cash loans to its employees. beneficiarieswhich is not entirely true.
He Infonavit has a wide variety of credits for comprar, remodel e even build a property; However, its function is limited to managing the resources of the National Housing Fund, in addition to establishing and operating a financing system that allows workers to obtain cheap and sufficient credits to acquire your own house.
Therefore, it is important to clarify that Your loans are not made in cashwith the exception of a single case: the Mejoravit program, which delivers a small percentage of money under this modality.
What is Mejoravit and how does it work?
Mejoravit is a type of credit that Infonavit grants to carry out repairs y improvements in your homeas long as these do not affect its structure.
Over time, this facility changed and became Mejoravit Repairs y Mejoravit Renewsalthough if you processed it before this modification and still have available balance, you can still use it.
This financing is granted individually to beneficiaries who have a current employment relationship. Furthermore, it is not necessary to leave your house as collateral, since this will be taken from the available balance you have in your Housing Subaccount.
Payments are divided into two accounts and deposited on an Mejoravit card, which you can use at authorized businesses to acquire construction materials or products related to property improvements.
Once the credit is approved, it can be paid in terms from 12 to 48 months.
Take into account that 80 percent of the resources granted must be allocated to the purchase of materials in permitted establishments, while the remaining 20 percent is given in cash to pay for labor.
Infonavit: How much is the maximum that Mejoravit lends you in cash?
Los Mejoravit Repara credit amounts of the 9,461 pesos until 37,844 pesos, without exceeding 90 percent of the amount you have in your Housing Subaccount. Likewise, the fixed annual interest rate is 10 percent and you can choose from one to five years as the term to pay it.
In the case of Mejoravit Renueva, this figure can reach up to 149 thousand 485 pesos, without exceeding 90 percent of the amount in the Housing Subaccount. With this modality, the interest rate is 11 percent fixed annually.
Requirements to request Mejoravit
- Be entitled with a current employment relationship.
- Be registered in an Afore.
- Authorize the inquiry to the credit bureau.
- Not having a current credit with Infonavit.
- The housing must be in your nameyour spouse or partner, children, siblings, parents, grandparents or in-laws.
- You must be living in the home to which you will make repairs, additions or improvements.
How to get my money from Infonavit if I don’t want a house?
Yes throughout your working life You did not request a loan with Infonavitor if you finished paying your financing and you still have a balance in your Housing Subaccount, the good news is that that money is not lost and you can claim it if you have already retired.
There are two ways to carry out this procedure depending on the regime of the Social Security Law in which you are registered:
- Savings Fund 1972-1992: Applies to workers who started working before July 1, 1997. If you retired under this regime, You will receive the refund directly to your bank accountof all your resources available in Infonavit, along with the returns generated.
- Housing Subaccount 1992 and 1997: For workers who started working after July 1, 1997 and optionally for those who have contributions before and after this date. The resources available in the Housing Subaccount 92 and Housing Subaccount 97 son sent to you Afore to add to the amount of your pension.
Remember that the process of returning your savings is carried out in a freequickly and without the need for intermediaries in My Infonavit Account.
2023-12-02 15:15:52
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