Fund Provides Mortgage Assistance to Homeowners

New Mexico Homeowner Assistance Fund logoThe State of New Mexico, in partnership with the New Mexico Mortgage Finance Authority (MFA), will begin accepting applications for the New Mexico Homeowner Assistance Fund on Tuesday, May 18, 2021. The assistance covers past-due or current mortgage payments for income-eligible New Mexicans who have experienced a financial hardship associated with the COVID-19 health crisis. The New Mexico Homeowner Assistance Fund replaces the COVID-19 Homeowner Assistance Program, which also served homeowners with housing cost assistance payments.

Households may receive up to $10,000 from the New Mexico Homeowner Assistance Fund to maintain housing and/or to reduce housing cost delinquency. MFA will make payments directly to mortgage or loan servicers, escrow companies or other housing providers. The assistance does not have to be repaid.

For complete program information and eligibility and documentation requirements, go to housingnm.org/static/homeowner-assistance-fund. Paper applications are available by calling 505.308.4206 or 866.488.0498.

The State of New Mexico is offering rental and utility assistance. For more information, visit: renthelpnm.org.

If you have additional questions about the New Mexico Homeowner Assistance Fund, please e-mail MFA or call 505.308.4206 or 866.488.0498. The view the Homeowner Assistance Fund factsheet, click here.

Share This!