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Infonavit Introduces Enhanced ConstruYo Credit with More Modalities for Home Improvements

The credit will maintain benefits that it currently provides to the beneficiaries who request it, which consist of a loan according to the score and the balance in the Housing Subaccount.

“Broadly speaking, it is planned to have three modalities, a part a bit like we know it to make a loan of up to 149,485 pesos that is deposited 80% on a debit card and 20% in a bank account that can be withdrawn in cash to pay labor, for example. But there will also be two other modalities to make major and minor improvements to a home,” added Ricardo Díaz, manager of the institute’s ConstruYo credit.

In 2019, Carlos Martínez, director of Infonavit, had already announced that he planned to eliminate the credit to merge it with ConstruYo, thinking of self-construction, however, the plan had not been consolidated.

The improvement of this service goes hand in hand with the organization’s plan to launch around 40 new products during the current administration, so that they are better adapted to the housing needs of Mexicans.

2023-05-25 00:38:46
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