Co-financed credits, alternative for credit applicants
Real Estate Market & Lifestyle | November 04, 2021 |

On the side of Infonavit there is Cofinavit, a loan granted by the bank, plus a credit granted by Infonavit, plus the use of the balance of the housing subaccount; Between the three components they can reach up to 100% of the value of the home; It is an alternative that allows you not to put a hitch or to put them very low.

There is also the Infonavit Support, where the employer's contribution of 5% of the worker's salary is received, which enters directly as a capital advance and allows the loan term to be reduced; It is a scheme in which the bank can give up to 95% of the value of the home.

According to Enrique Margain, executive director of Mortgage and Automotive Credit at HSBC, in the case of the institution, in the two schemes they grant up to 95% financing with respect to the value of the home, which is very attractive.

Check here: Infonavit contributions may be used to acquire a bank loan

On the Fovissste side, HSBC offers the alternative called Fovissste para Todos, which is made up of the bank's credit plus the balance of the housing subaccount, so they can lend up to 95% of the value of the property.

As an additional element, you can use the employer's contribution that is deducted directly from the worker's payroll and that allows you to be much more flexible in terms of credit policy, credit bureau and that has a very high approval rate, said Margain.

In Solili consult available apartments in Cuauhtémoc and Juárez

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