COMPANY NETWORK


Navigate among the list of platform registered companies for finding new possible business partners.
You can use different filters for focusing your search.  

Create your Business profile for being searchable in My Business Information

 

« Back
NAME OF COMPANY
Rehan Networks
Institution/Company type
Natural person
Main activity

What is the cancellation of the Fovissste mortgage guarantee?


Have you finished paying off your mortgage credit? Here we tell you how to release a Fovissste mortgage and carry out the process to freely dispose of the home you purchased.


If you are a state worker and you have finished paying off your Fovissste mortgage loan, it is essential to obtain a Fovissste settlement certificate . In this way, you can cancel the mortgage guarantee . 


We invite you to learn how a Fovissste mortgage is released so that you can freely dispose of the property you acquired and secure your family's assets.


How to cancel a Fovissste mortgage guarantee ? 



  • Assists the Department of Housing Fovissste

  • Go to a notary public to cancel the lien

  • Carry out the procedure through an administrative instrument


Assists the Department of Housing Fovissste 


The Housing Departments are units that represent Fovissste in each of the states. These serve to serve all state workers and provide better attention to mortgage loans to buy a new or used house, or to process a loan to expand or remodel. 


Therefore, to make a cancellation of the mortgage guarantee, you must attend the Housing Department, according to the city where the home is located and request a Fovissste settlement certificate . 


On the other hand, if the property is located in Mexico City, you will be assigned a Housing Department, according to the agency in which you provided your services.  


Sky Marketing is a leading marketing company working on many real estate projects like smart city Lahore, park view city Islamabad and development housing societies in Pakistan.


Go to a notary public to cancel the lien


If you acquired a Fovissste loan with a mortgage guarantee and you finished paying off the debt. The next step will be to process the cancellation of the lien (Mortgage or Domain Reserve) through a notary public. 


To integrate the mortgage guarantee cancellation file, the credit holder must present the following documentation in original and copy:



  • Official identification, passport or valid professional card.

  • Settlement letter or certificate issued and signed by the Department of Housing, Subdirectorate of Credit or Subdirectorate of Finance.

  • Deed of the house registered with the Public Property Registry or Folio Certificate in favor of Fovissste.


The procedure is free and you can do it through the Fovissste portal online or directly at the Central Offices or Housing Departments from Monday to Friday, from 9:00 am to 1:00 pm. 


Once the file is integrated, in a maximum of 5 business days you will be given an instruction letter that you must present to the notary public, who will prepare the cancellation and send it to Fovissste for review and signature.


Notary fees and registration fees before the Public Property Registry must be at your expense.


Carry out the procedure through an administrative instrument


On the other hand, if you do not want to hire a notary public for the cancellation of the Fovissste mortgage guarantee, you can carry out the procedure through an administrative instrument.


In this case, the Fovissste prepares the mortgage cancellation deed. While the registration process before the Public Property Registry must be carried out by the borrower if he lives in another entity that is not Mexico City. 


It is important to present the following documentation to integrate the file to release the Fovissste mortgage:



  • Official identification, passport or valid professional card.

  • Settlement letter or certificate issued and signed by the Department of Housing, Subdirectorate of Credit or Subdirectorate of Finance.

  • Public deed stating the granting of the credit with registration data in the Public Property Registry or Proof of Folio in favor of Fovissste.

  • Payment of registration fees in the Public Property Registry of the entity where the home is located.

  • Power of attorney or power of attorney in case the procedure is carried out by a third party.


Once the file is integrated, you will have 10 business days to obtain a resolution in your favor. Remember that this procedure, like the previous one, is completely free and you can do it online or in person.


 


Finally, if the mortgage guarantee cancellation procedure is not carried out , the home will continue to belong to Fovissste, even if the debt has been settled. For this reason, it is very important to obtain the Fovissste settlement certificate and register the deed with the name of the owner.


Do you want to obtain a second Fovissste loan to buy a new home? Start your search at Vivanuncios, the best real estate portal in Mexico.


 

Year of company establishment
post office loan
Registration classification
Classification of economic activities
Activities of households
Country
United Kingdom
City
Verdel