The beneficiaries may request the credit.  (Photo: Pixabay)
The beneficiaries may request the credit. (Photo: Pixabay)

If you want or are about to buy a house, the Institute of the National Housing Fund for Workers (Infonavit) recalled what is the additional scheme that can be requested, to obtain additional financing to increase the value of your home.

Is about Cofinavit, the extra credit that can be obtained through a bank with the intention of accessing a larger amount. Thus, the Infonavit credit is added with the financing of the entity of your choice.

This opportunity can be requested regardless of your income and the monthly payment is established according to your salary. In addition, you can apply together with your spouse and make advance payments.

The maximum amount of credit is more than 900 thousand pesos.  (Photo: Pixabay)
The maximum amount of credit is more than 900 thousand pesos. (Photo: Pixabay)

The Institute indicated that a maximum of up to 950 thousand 653 pesos, although it will depend on the ability to pay. The interest rate is 10.45% for all salary levels.

Which are the requirements?

-Be a beneficiary of Infonavit with a current employment relationship and have 1080 points.

-Your age plus the credit term may not be greater than 65 years.

-Authorize the consultation to the Credit Bureau.

-Obtain credit approval from the financial institution.

-Sign the query in Credit Information Societies.

How to request it?

Those interested must have a pre-qualification in My Infonavit Account and must request the rest of the credit from the financial institution of their choice.

Users must follow a series of requirements.  (Photo: Cuartoscuro)
Users must follow a series of requirements. (Photo: Cuartoscuro)

unpayable credits

Thousands of people face every day the fearsome situation of paying month after month their mortgage loan from the Institute of the National Housing Fund for Workers (Infonavit). However, many of them have a great affectation when reviewing their payroll receipt, since the discount applied is too much and corresponds to the payment of pure interest.

Given this scenario, here we will reveal the main reasons people face with their financing that becomes unpayable and what to do to avoid falling into a similar event.

There are even cases of some beneficiaries who, for example, acquired their home approximately 12 years ago with loans ranging from 100 to 120 thousand pesos. However, now they owe a million and a half pesos, since the contributions they have made have not gone to capital.

This is an alarming episode, since now the house that they acquired with at least 100,000 pesos at that time is now worth 10 times more.

Another example relates to that of a single motherwho bought a home in 2008. However, his story changed over the years and he became disillusioned, since the balance on his home to date is 4 times more than what he purchased it on.

This stage is lived mainly by those people who bought their house years ago, but under the scheme of Times Minimum Wage (VSM), that is to say, in these cases the financing increases due to the increase in the minimum wage, approximately every year.

Even the general coordinator of Social Collection of Infonavit, Pedro Valenzuela Parcero, recognized that it is a phenomenon that occurs frequently, which causes the debt to double and despite the fact that Infonavit has support schemes with Shared Responsibility , does not apply to everyone, which causes the situation to persist in thousands of cases and for many more years.

KEEP READING

Infonavit: how to prevent a loan from becoming unpayable
Infonavit increased the amount of credit to buy a home, which is the maximum authorized
Why does the balance of my Infonavit credit increase every year?

By admin