NM MFA HomeStyle Rehabilitation Loan

New Mexico Mortgage Finance Authority

Available Home Repair

About This Program

NM MFA HomeStyle Rehabilitation Loan is available to homeowners in Gallup, NM.

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

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

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

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

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

Get free help applying Visit Official Program Page Track this program

(505) 767-2200

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.

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 program

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 NM MFA HomeStyle Rehabilitation Loan provide in Gallup, NM?

Up to $50,000 added to mortgage.

Who qualifies for NM MFA HomeStyle Rehabilitation Loan in Gallup?

NM MFA HomeStyle Rehabilitation Loan is open to homeowners in Gallup, NM.

How do I apply for NM MFA HomeStyle Rehabilitation Loan in Gallup, NM?

Apply directly with New Mexico Mortgage Finance Authority using the official program link on this page or call (505) 767-2200. 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 Gallup, NM contractors

Find More Programs in Gallup, NM

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

See All Programs