Who is Infonavit and Why They Matter
Infonavit, or the National Fund for Workers’ Housing, is a Mexican government institution that provides housing credit to workers. Established in 1974, Infonavit has played a crucial role in helping millions of Mexicans achieve the dream of homeownership. With over 12 million active credit accounts, Infonavit is a vital resource for workers seeking to secure housing.
Introducing Equipa tu Casa
Equipa tu Casa is a new credit program by Infonavit designed to help workers improve and equip their homes. This complementary financing option allows for the purchase of essential home equipment, materials, or labor for repairs and upgrades.
Eligibility and Financing Details
When the value of a purchased home is less than the maximum amount provided by Infonavit, eligible workers can apply for this additional credit. The Equipa tu Casa financing ranges from 10,318 to 68,789 pesos, with the same interest rates as Infonavit’s primary housing credits (3.50% to 10.45%) based on the applicant’s income level.
The repayment term matches that of the primary credit, and conditions include Infonavit’s payment plans. The age limit for extending repayment is 70 years for men and 75 years for women.
How Equipa tu Casa Works
To access this benefit, workers must request it when applying for a traditional Infonavit credit or Infonavit Total. The difference between the maximum financing amount and the home’s value must be at least 10,318 pesos.
Starting February 12, 2025, eligible beneficiaries will receive an email with instructions on using the resources for purchases at their preferred retailers. The Equipa tu Casa program is integrated into Infonavit’s digital platforms, simplifying credit management and benefit usage.
Through Socio Infonavit, workers can access exclusive discounts and promotions by registering with their Número de Seguridad Social (NSS) and Mi Cuenta Infonavit password.
Key Questions and Answers
- What is Equipa tu Casa? It’s an Infonavit credit program that helps workers improve and equip their homes by purchasing essential equipment, materials, or labor for repairs and upgrades.
- Who is eligible? Workers who are Infonavit members and purchase a home valued below the maximum credit amount can apply for Equipa tu Casa.
- What are the financing details? The credit range is from 10,318 to 68,789 pesos with interest rates between 3.50% and 10.45%, depending on the applicant’s income.
- How do I apply? Request Equipa tu Casa when applying for a traditional Infonavit credit or Infonavit Total, ensuring the difference between the maximum financing and home value is at least 10,318 pesos.
- When will I receive instructions? Eligible beneficiaries will get an email on February 12, 2025, with guidelines for using the credit at preferred retailers.
