Knowing what type of financing is best for you will depend on your needs and ability to pay
Thursday, January 26, 2023
Depending on the needs you have, an nfonavit loan or a bank mortgage may be the option that helps you acquire the house or apartment of your dreams.
Although, in the market there are different financing methods to acquire real estate, credit is one of the most common, especially among workers, since it is enough for them to contribute to social security and collect 1080 points or more, according to their age, salary, savings, and job stability -among other things-, to access a loan.
The truth is that as we said above, there are different options and that can make it difficult to choose a financial product. Taking this into account, Mercado Libre shared three options that you can consider and thus choose the one that best suits your needs and capabilities. :
- Infonavit Credit: this government body grants mortgage loans to build, expand, remodel or take out a house, but it is essential to be registered with the IMSS; if the interested party meets the requirements, they can obtain financing even if they have an irregular credit history and get fixed payments and an employer contribution that reduces the payment period
video/7190550569797438726" data-video-id="7190550569797438726">@idconline INFONAVIT announces the UMI 2023
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- bank mortgage: the banks grant it through a clause that stipulates scheduled payments and a percentage of interest and the property will be in guarantee of the bank until the total loan is covered, the requirements to dispose of the money and the interest rates depend on what is established the institution; but it is recommended to have good savings, since it is convenient to go to the bank with the amount of the property that you want to acquire
- He bounded: It is a type of Infonavit credit that allows the applicant to obtain a loan with a bank to complete the credit. How? If the monetary value that the interested party requires to acquire his house or apartment is greater than what the public body offers, he can resort to a financial institution to complement each other and agree on a favorable interest rate for all parties, although the conditions must be considered. that puts the banking institution
