INFONAVIT Housing Fund: Who Qualifies and What You Get
Learn how to access housing loans through the INFONAVIT Housing Fund by accumulating points through formal employment in Mexico.
The INFONAVIT Housing Fund is a system designed to provide formal employees with the financial means to secure housing loans.
Who it's for
This scheme is specifically designed for individuals working within the formal economy. To be eligible, you must be a formal employee, which means you are part of a structured labor market where social security benefits are mandatory.
What you get
The primary benefit of this fund is access to housing loans. These loans are intended to help you achieve the goal of homeownership or property management. To unlock these funds, you must first accumulate a specific number of points required by the system. Once you meet these requirements, the fund provides the credit necessary to move forward with your housing needs.
What it costs you
There is no direct upfront fee or initial payment required to join the scheme. Instead, the funding is built through mandatory payroll contributions. These contributions are deducted from your earnings as part of your formal employment structure, serving as the mechanism that builds your individual account within the fund.
The catch to know
The most important thing to understand is that access to a loan is not guaranteed immediately upon starting a job. You must navigate a points-based system known as "Puntos Infonavit." Your total score is not fixed; it is calculated based on several specific factors, including your current age, your current salary level, and the consistency of the contributions made by your employer.
How to apply
- Confirm that your current employment is formal and that your employer is making the required social security contributions.
- Track your progress to see how many points you have accumulated based on your age and salary.
- Monitor your contribution history to ensure your employer is correctly reporting your payroll data.
- Visit the official portal to review your eligibility and view the specific loan options available to you.