New Mexico MFA Mortgage Saver Program

New Mexico Mortgage Finance Authority

Available Home Repair

About This Program

Provides forgivable loans to help New Mexico homeowners facing financial hardship cure mortgage delinquencies and avoid foreclosure. Covers past-due mortgage payments, property taxes, insurance, and HOA fees. Forgiven after 5 years of continued homeownership.

Forgivable loan, no repayment if you remain in home and current on mortgage 5 years

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

Key Details

  • Forgivable loan up to $30,000 for mortgage delinquency
  • Helps avoid foreclosure for homeowners with hardship
  • Covers past-due mortgage, taxes, insurance, HOA
  • Forgiven after 5 years of compliance
  • Income at or below 120% AMI

How to Apply

A grant-savvy contractor in Las Vegas, 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 Las Vegas 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: Applications accepted on rolling basis

Questions about this program?

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

Email us about this program

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 Las Vegas, NM

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