INFONAVIT Housing Loan: Who Qualifies and What You Get
Understand how to use your social security contributions to access a mortgage for buying or renovating a home through INFONAVIT.
An INFONAVIT housing loan is a mortgage program designed to help workers secure a place to live or improve their current living conditions.
Who it's for
This scheme is available to employees who have social security contributions made on their behalf through their employment. Your eligibility is based on having these specific contributions recorded.
What you get
The benefit provides a mortgage with low interest rates. You can use this credit for two main purposes: purchasing a home or paying for renovations to a property you already own.
What it costs you
Accessing the loan requires you to have accumulated a specific amount of points, known as Puntos Infonavit. These points are calculated based on your employment and contribution history, and you must reach the required threshold to proceed.
The catch to know
While this provides a pathway to homeownership, you should be aware that the interest rates can be higher than those found at private banks if you are not careful when comparing your options.
How to apply
- Confirm that your employer is making the required social security contributions on your behalf.
- Check your accumulated Puntos Infonavit to see if you meet the necessary requirements.
- Review the available credit options through the official digital platform.
- Follow the application steps provided on the official website.