Infonavit is the Institute of the National Housing Fund for Workers and its objective is to comply with the right to housing of workers through various mortgage loans, so that they can acquire a living place new or used, build or remodel the one they already own.
The Infonavit Support is a program that allows the beneficiaries of the Institute to obtain a mortgage loan through a financial institutionusing the balance of your housing sub-account as a guarantee of payment in the event of unemployment.
Infonavit Support has the following advantages:
- It allows the beneficiaries to obtain a mortgage loan with lower interest rates than those offered by banks.
- It offers unemployment insurance that covers credit payments in case the beneficiary loses his job.
- It does not require a hitch.
In order to access the Infonavit Support, the beneficiaries must meet the following requirements:
- Have a current employment relationship.
- Have a balance in the housing subaccount.
- Be at least 18 years old.
- Not have any current mortgage credit with Infonavit.
Once the beneficiary meets the requirements, they can request the Infonavit Support through the Infonavit website or a financial institution.
The Infonavit Support can cover up to 75% of the price of the housewith a limit of $1,400,000 pesos.
For example, if a beneficiary has a balance of $100,000 pesos in his housing sub-account and wishes to purchase a home of $1,000,000 pesos, Infonavit Support will grant him a loan of $750,000 pesos, which will cover 75% of the price of the home.
The beneficiary must pay the remaining $250,000 pesos of the credit, plus the corresponding interest, to the financial institution.
Adherence to Infonavit Support is the process through which an Infonavit beneficiary can link their housing sub-account to a mortgage loan granted by a bank or sofom.
This accession allows the beneficiary to use his housing sub-account balance as a guarantee of payment in the event of unemployment.
To join the Infonavit Support, the beneficiary must meet the following requirements:
- Have a current employment relationship.
- Have a balance in the housing subaccount.
- Be at least 18 years old.
- Not have any current mortgage credit with Infonavit.
Once the beneficiary meets the requirements, You can request membership to the Infonavit Support through the Infonavit website or a bank or sofom.
There are several ways to know if you have Infonavit credit. One way is to review your individual Infonavit account statement. In this account statement, you will be able to see all your active credits, including your Infonavit credit.
Another way to find out if you have Infonavit credit is by calling Infonavit at 01 800 008 3900. An Infonavit advisor can verify if you have credit and provide you with more information about it.
Finally, you can also check your individual Infonavit account statement online. To do this, you must enter the Infonavit website and create an account. Once you have an account, you can access your individual account statement and check if you have Infonavit credit.
Here are the steps to check if you have Infonavit credit online:
- Enter the Infonavit website.
- Click on “My account”.
- Enter your Infonavit credit number and your password.
- Click “Login”.
- Once you are logged in, click on “Individual Statement”.
- In your individual account statement, you will be able to see all your active credits, including your Infonavit credit.
If you do not have Infonavit credit, you will see a message that indicates “There are no registered credits”.
*Text prepared with the support of Bard
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