MFA HomeOwnership Plus Rehabilitation Loan

New Mexico Mortgage Finance Authority

Available Home Repair

About This Program

MFA HomeOwnership Plus Rehabilitation Loan is available to homeowners in Clovis, NM.

Provides up to $40,000 in additional financing for home repairs and improvements, combined with a first mortgage. Can be used for major repairs, energy efficiency upgrades, and code compliance.

Maximum rehabilitation loan amount available

Official program page checked live on 2026-06-22.

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

In Clovis, NM, you can combine this program with other local help to cut your cost:

Key Details

  • Up to $40,000 for home repairs and upgrades
  • Combined with first mortgage loan
  • Income limits vary by household size and county
  • Work with MFA-approved lender
  • Can include energy efficiency improvements

How to Apply

Get free help applying Visit Official Program Page Track this program

(505) 843-6880

A grant-savvy contractor in Clovis, 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 Clovis 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.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • A written estimate from a licensed contractor for the work (many programs require this to apply).
  • A recent utility bill for the home (energy and weatherization programs use it to confirm service and usage).
  • Photos of the problem area or the work to be done.
  • The program's own application form, completed (use the official link or phone number on this page).
Download this checklist (PDF)

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Ongoing through participating lenders

Questions about this program?

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

Email us about this program

Frequently asked questions

How much can MFA HomeOwnership Plus Rehabilitation Loan provide in Clovis, NM?

Up to $40,000 rehab loan.

Who qualifies for MFA HomeOwnership Plus Rehabilitation Loan in Clovis?

MFA HomeOwnership Plus Rehabilitation Loan is open to homeowners in Clovis, NM.

How do I apply for MFA HomeOwnership Plus Rehabilitation Loan in Clovis, NM?

Apply directly with New Mexico Mortgage Finance Authority using the official program link on this page or call (505) 843-6880. There is no middleman and no fee.

Need a Contractor for This Grant?

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

Get matched with a pro, free Browse Clovis, NM contractors

Find More Programs in Clovis, NM

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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