‘Infonavit without borders’: This is how you can pay for your house in Mexico from the United States

‘Infonavit without borders’: This is how you can pay for your house in Mexico from the United States

Written in TRENDS he

Many migrants in USA They send money to their family in Mexico, representing the main economic income for their home. And within these schemes of sustainability and coexistence, there is no shortage of emotions mixed between all the formalities necessary for any operation to be carried out without problems. Now, to relieve some of the stress for those in the US who wish to pay off a mortgage loan they already have; the Institute of the National Housing Fund for Workers (Infonavit) has the perfect solution.

How does Infonavit help migrants in the US to pay for their house?

Through the programInfonavit without Borders,’ the migrants in USA They can make the loan payment to purchase their house. In fact, the credit may be your own or that of a family member or friend. The great advantage is that the Infonavit assumes the commission charged by remittance companies for sending the resources. Broadly speaking, this program is designed to make every penny invested in the acquisition of a property work, representing a dream come true that is unique for many of the migrants Mexicans on American soil.

Requirements to register for the ‘Infonavit without borders’ program

As explained by Infonavit In conjunction with the Ministry of Foreign Affairs (SRE), all people who, prior to working in the United States, contributed to the Mexican Social Security Institute (IMSS) between 1972 and 1992, can be considered suitable to pass the first filter of this program. Subsequently, to apply for ‘Infonavit without borders’ and pay without problems, you must meet the following requirements:

  • Present an official identification
  • Submit Proof of Income
  • Have a good credit history in both the United States and Mexico
  • Check at least one year of seniority in your current job
  • Prove that you have resided at the same address for at least six months
  • Have a family member or legal representative in Mexico

On the other hand, the credit will be paid through a branch of the verified remittance companies of USAand previously approved by the Mexican government: Dolex, Maxi Transfer, Intercambio Express or Barri Financial Group. As already mentioned above, the Infonavit will absorb the cost of commissions for sending money to Mexico. If you have any questions regarding the program, or would like to review the bases in more detail, do not forget to visit the Official site of the Institute of the National Housing Fund for Workers. Also, don’t forget to keep your account up to date to maintain a clean credit history.

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