NM MFA HomeStyle Rehabilitation Loan

New Mexico Mortgage Finance Authority

Available Home Repair

About This Program

Allows homebuyers or refinancing homeowners to finance up to $50,000 in home repairs into a single mortgage. Repairs must be completed within six months and can include structural, mechanical, or cosmetic improvements.

Rehabilitation amount rolled into mortgage financing at competitive rate

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Finance up to $50,000 in home repairs with your mortgage
  • Available for purchase or refinance
  • Income limits apply (typically up to 120% AMI)
  • Repairs must be completed within 6 months
  • Single loan covers purchase and rehabilitation

How to Apply

A grant-savvy contractor in Gallup, NM can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

You will likely need a contractor to apply

Projects like this almost always need a licensed contractor, and many grants ask for a written estimate as part of your application. Lining up a contractor in Gallup early keeps your application moving.

Get matched with a contractor

Each program sets its own contractor rules. Check the official program page for exact requirements.

Deadline: Ongoing program

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

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Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Gallup, NM

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