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How to Access Fovissste Mortgage Financing Scheme for Building Your Own Home

If you work in the public sector, you have the right to request a loan from the Housing Fund of the Institute of Security and Social Services of State Workers (Fovissste), which has a mortgage financing scheme of up to 1 million 419 thousand pesos for everyone. those who have land and want to build their house.

The Fovissste aims to provide affordable and competitive loans so that State workers have better opportunities when building a home. For this there is a special mortgage, at adn40 we explain how to access it and everything you need to realize your dream of having your own home.

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Credit You build your house

The program
“You build your house”

It is “assisted self-production, for beneficiaries who want their home according to their needs and budget.” That is, in addition to providing you with the resources, professionals guide you in the construction in order to have a good quality home.

Amount of credit You build your house

  • The amount of the credit is up to $1,419,226.10 pesos plus an amount equivalent to the balance of the Housing Subaccount
  • The interest rate ranges from 4 to 6%
  • Payment is granted directly to the borrower against progress of work
  • The resources are granted according to the progress of work in 4 administrations. (35% – 20% – 30% and 15%)
  • Be an active or active beneficiary who contributes to FOVISSSTE
  • Make it the first FOVISSSTE loan you process
  • Have at least 9 two-month contributions
  • Not being in the process of ruling for the granting of pension, disability or voluntary retirement

Fovissste specifies that to build, the land must meet certain conditions; Likewise, the completion of the work must be within a period of no more than 1 year. Click on
this link

to know all the details and what the procedure is to obtain the credit.

You can also request more information or call to clarify your doubts by calling: 55 5322 0497, extensions: 86151 and 85306.

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2024-04-13 22:42:08
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