Looking to access a home in a short time, Infonavit is the institute that is presented as the ideal tool for workers in the country who want to achieve this goal in a short term.
The Institute of the National Housing Fund for Workers (Infonavit), emerged in 1972 in Mexico; as a tool that consisted of collect in a national fund the employer contributions of 5% of the salary of each of the workers they have hired.
This institution from its origin has offered Mexicans the opportunity to obtain a home loan or the right to have their savings returned to them.
In 2020 managed a total portfolio of 6.3 million creditsof which 5.4 million are in the institute’s balance sheet, this corresponds to a portfolio in balances of 1.8 trillion pesos of the portfolio managed by the institution.
How many Infonavit credits currently exist?
In its beginnings, the institution only had a traditional credit, however, the Infonavit credit has constantly changed allowing various types of mortgage loans that allow remodeling, paying rent or financing your own property.
The different credits are: Traditional Infonavit Credit, Infonavit Support, Confinavit, Confinavit Additional Income, InfonavitTotal, Your Second Infonavit Credit, ConstruYO Infonavit, Mejoravit, MejoraSí, Crediterreno Infonavit and Unamos Creditos.
The use that can be given to it and the requirements that will have to be met once the loan is granted, will depend on the type of credit that Infonavit grants in accordance with the payment capacity of the beneficiary.
How to process your Infonavit credit?
The first thing to do to process the credit is consult in your website if you can apply for a loan, create an account and choose the credit that best suits you.
Then take the course “Know + to decide better”a small obligatory workshop for all beneficiary who wishes to process their Infonavit credit.
Upon completion of the course, you must Request an appraisal and credit. Finally choose a notary public and collect the Infonavit credit certificate with which the loan granted can be used.
All this process is free and it can be done individually or with the support of a construction company or developer.
