New Mexico MFA Homeowner Rehabilitation Loan

New Mexico Mortgage Finance Authority

Available Home Repair

About This Program

New Mexico MFA Homeowner Rehabilitation Loan is available to homeowners in Las Cruces, NM.

State-funded low-interest loan program for moderate-income homeowners needing major home repairs. Loans feature below-market rates and flexible terms. Available for comprehensive rehabilitation including structural, mechanical, and cosmetic improvements.

Low-interest loan with affordable monthly payments based on income

Official source site checked live on 2026-06-22.

Data last verified 2026-05-25. How we verify our data.

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

Key Details

  • Low-interest loan up to $35,000
  • Below-market interest rates available
  • Income limits apply (varies by county)
  • Must be owner-occupied in New Mexico
  • Flexible repayment terms

How to Apply

Get free help applying Visit Official Program Page Track this program

(505) 767-2200

A grant-savvy contractor in Las Cruces, 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 Cruces 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 New Mexico MFA Homeowner Rehabilitation Loan provide in Las Cruces, NM?

Low-interest loan up to $35,000.

Who qualifies for New Mexico MFA Homeowner Rehabilitation Loan in Las Cruces?

New Mexico MFA Homeowner Rehabilitation Loan is open to homeowners in Las Cruces, NM.

How do I apply for New Mexico MFA Homeowner Rehabilitation Loan in Las Cruces, 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 Las Cruces, NM contractors

Find More Programs in Las Cruces, NM

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

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