What is Unamos Crédito and How Does it Work?
If you’re looking to buy a house in Puerto Vallarta, whether it’s for investment, vacation, or to live in, it’s natural that you have many questions about mortgage loans. At Gova, we’re here to assist you!
In recent years, a new option has emerged for acquiring your home: Unamos Crédito. But what is it, and how does it work?
Unamos Crédito is an Infonavit initiative that allows you to apply for a loan to purchase a house or apartment by combining the credit resources of two beneficiaries—without the need to be married. This means you can pool your credit with that of your partner, parents, children, or even other people with no blood ties. Pretty incredible, right?
Thanks to this financing option, people will be able to access a higher-value home, closer to their workplace, and possibly even larger than they originally planned.
Interested? Keep reading to learn more!
Benefits of Unamos Crédito
In addition to helping you build a larger patrimony, Unamos Crédito offers several key benefits, including:
- No minimum income requirement to apply for the loan.
- You can make early payments or cancel the loan without any penalties.
- Employer contributions will be applied to pay off the loan.
- In the event of death or total disability, only the beneficiary's loan is covered, while the other participants continue to pay their respective share of the loan.
- The home is acquired in joint ownership, meaning the ownership rights are divided proportionally based on each participant’s contribution to the purchase.
- Borrowers who have paid off their loan will have the opportunity to apply for a second loan.
With all these advantages, Unamos Crédito can be a great option for purchasing a home, and we at Gova are ready to assist you through the process!
What Do You Need to Apply for Unamos Crédito?
To apply for Unamos Crédito, you must meet the following requirements:
- Have a current employment relationship.
- Meet the minimum required score of 1,080 points.
- Contribute to the IMSS (Mexican Social Security Institute).
What Should I Know Before Buying a Home in Joint Ownership?
Buying a home is considered one of the safest investments, but you might be wondering if joint ownership is right for you. This can be an attractive option because it allows you to share the acquisition costs with two or more people, along with the respective benefits.
Before you make the decision, here are some things to keep in mind:
Understand co-ownership: Research what co-ownership means and the rights and obligations that come with it.
Review the deed carefully: If you have doubts, seek advice from a notary or ask one of our agents to guide you through the process and explain how your rights as a co-owner work.
Eligibility criteria: Each participant will be evaluated individually and must meet the required criteria.
Risk of joint commitment: Keep in mind that joining your credit with another person’s credit carries some risk. It’s important to discuss and get professional advice—whether you decide to do it together or separately—before committing.
If you're interested in buying an apartment or house in Puerto Vallarta, our specialized agents are ready to help you. You can contact them through the following:
- Email: contacto@govacasa.mx
- Phone: (322) 308 03 35
- WhatsApp: Click here We look forward to helping you!
