Line 4 of the Infonavit is a credit that allows beneficiaries to recover the balance of their housing subaccount, and when using it, workers will not have to pay anything that their own savings do not cover, so they will not acquire new debts or have to mortgage their House.

The loan can be used to remodel a house, paint interiors and facades, and even furnish or equip with eco-technologies, whether it is a solar heater or solar cells. According to figures from the institute, more than 87% of people never recover or make use of the money inside the subaccount.

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In order for the beneficiary to qualify and be able to use the money in his subaccount, he must have a minimum balance in the Housing Subaccount of 90,000 pesos and not have processed a loan with Infonavit.

It is also essential that you have your own property, have a current job and be registered with the IMSS and have the 1080 points requested by Infonavit.

You must also be willing to carry out improvement works on the home without structural damage, which must be carried out within a maximum period of 180 days and its cost must be less than 50% of the value of the house.

The credit can only be managed by construction companies and administrators that have Infonavit registration and rights to regulate the program.

The duty of the companies is to register the procedure and facilitate the improvement of their home to the beneficiary. In addition to adhering to the safety guidelines in the remodeling.

When requesting the credit from Line 4 of Infonavit, the worker must maintain a withholding of discounts that represents 20% of their integrated daily salary.

Of interest: Access to housing for non-active entitled women is possible

Said withholding will be applied by the employer for a maximum period of three bimonthly periods until the improvements to your home are completed.

Once the verification of the place is completed and carried out, the worker is released from the withholding of discounts.

The sum of the amount withheld will be refunded to the sub-account balance so that you can continue to use your benefits.

For more information on Line 4 of Infonavit, the interested party must enter the official Infonavit website.

In Solili you can consult departments available in Doctores, Obrera y Centro

Note original