To access this financing, the maximum age is 65 years; the dispersal of the money is done in five business days, said Martínez Velázquez.
Although it is a national program, “we want credit to be placed preferably in the south-southeast of the country: Veracruz, Guerrero, Oaxaca, Chiapas, Tabasco, Quintana Roo and Campeche have the highest rates of housing backlog; and in the northern Sonora and Baja California,” said the general director of Infonavit.
Although the worker has five years to pay off the loan, they can pay it off early without penalty.
In a first stage, 2,000 million pesos (mdp) will be allocated to MejOraSí. “For the amount of housing accounts in the country, we estimate that about 60,000 credits can be delivered,” explained the general director of the institute.
The Infonavit director explained that they have registered around 30 million accounts, of which around 10 million have not exercised a loan and have the minimum amount to access financing, 5,400 pesos.
MejOraSí will have two modalities:
In the first, the credit is at a 0% rate: this is when the credit requested is up to 90% of the savings that the worker has in the housing sub-account.
“It is a revolved credit. You have 30,000 pesos; They lend you 30 (thousand pesos), if you pay it, they lend you another 30 (thousand pesos) and if you pay another 30 (thousand pesos). eSo means that 30 (thousand pesos) of yours that remain as collateral are 90 (thousand pesos)”, explained Carlos Martínez.
