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Infonavit Completes Overhaul of 4.86 Million ‘Impagable’ Mortgages

Borrowers will soon verify their updated mortgage terms on an Infonavit portal.

Overview

  • Infonavit says 4,856,000 previously “impagable” loans—whose balances rose despite on-time payments—have been restructured and can now be paid off.
  • Of the total, 238,000 debts were fully settled, 1,258,000 received balance reductions, and 3,360,000 underwent other restructures.
  • Relief tools included principal discounts, lower interest rates or monthly payments, and, in some cases, total debt cancellation.
  • The effort began under instructions from President Claudia Sheinbaum and meets the institute’s commitment to finish the fixes by the end of 2025.
  • An online tool will allow accredited workers to check their prior status and new terms using their name, Social Security Number or credit number, with access expected soon.