Institute of National Housing Fund for Workers (Infonavit) is an entity that provides loans for acquisition, construction. Improvement or reconstruction of housing for workers in Mexico. However, a frequent question among those considering applying for an Infonavit loan is whether it is possible to do so if you have been in your current job for less than a year.
We address this issue below to provide clarity on the required requirements and conditions
Basic requirements for requesting an Infonavit credit
To request an Infonavit loan, it is essential to meet certain requirements established by the institution.
Generally, an Infonavit is a basic requirement to access credit Have at least 1 year seniority in current job. This is because Infonavit requires a work history and stability in employment so that the worker can meet credit payments.
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Infonavit Scoring System By evaluating various factors, including length of employment, salary, and contribution to the fund. To qualify for a loan, a minimum number of points must be collected, which is based on hours worked and contributions to the housing subaccount.
Option for workers less than one year
For workers who don’t have a full year at their current job yet, there are some options and considerations:
In some cases, it is possible to combine Infonavit credit with other mortgage loans, such as from banking institutions. This can facilitate access to financing even if the worker does not meet seniority requirements, as long as the loan is in line with Infonavit and the bank’s policies.
Although age is an important factor, Accumulated points can affect the possibility of accessing credit. In some cases, if the employee has a significant amount of points despite low seniority, they can explore alternative credit options within Infonavit.
If the current requirements do not allow applying for a loan younger than one year, a viable option is to wait until you have completed a full year of employment. During this period, it is recommended to continue accumulating points and contributions while maintaining a good credit and work history.
It is recommended that employees interested in requesting an Infonavit loan, But for those who still do not meet the seniority requirement, consult directly with Infonavit or a specialist advisor. They will be able to provide up-to-date and personalized information about available options and next steps.
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To apply for an Infonavit loan, you generally need to have at least one year of experience in your current job. however, Alternatives and alternatives can be explored if this requirement is not met. Being aware and consulting with experts can help find the best solution based on individual circumstances.
With information from Infonavit
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