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There are new rules for Infonavit credits derived from the reform
El Economista | May 14, 2021 |

Within the framework of the implementation of the regulatory framework derived from the reforms to its law, approved in December 2020, the Institute of the National Housing Fund for Workers (Infonavit) published in the Official Gazette of the Federation (DOF) its new credit rules, which were recently approved by the body's board of directors and assembly.

This Wednesday, in the Official Gazette of the Federation, Infonavit published said rules that establish the requirements that a rightful owner must satisfy in order to have access to a financing solution from the organization.

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“Access to financing is broadened by defining as credit subjects the holders of deposits constituted in their favor with the Institute. The foregoing requires the establishment of general requirements for access to credit in these rules that include those persons who, being right holders, do not have a current employment relationship at the time of requesting it. ", You can read in the document.

According to the document, the beneficiary is empowered so that he can choose between various destinations for the use of his savings in any housing action, for example: acquisition of new or existing housing, expansion or remodeling of his own home, home construction and acquisition of land to build your house.

"The foregoing will accelerate the abatement of the country's housing backwardness," the document reads.

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