The NM Mortgage Finance Authority’s COVID-19 Homeowner Assistance Program can help pay your past-due or current mortgage payments if you are experiencing a financial hardship because of COVID-19. The program provides emergency housing grants to income-eligible households and residents of tribal lands, up to $1,500 per month for a period of up to three (3) consecutive months, to maintain housing and/or to reduce housing cost delinquency. Some mobile/manufactured home lot rental payments may also be covered. MFA will pay your past-due housing payments directly to your mortgage or loan servicer, escrow company or other housing provider. The best part is the assistance does not have to be repaid.
Applications are being accepted now. You can submit your application electronically here.
To request a paper application, call (505) 308-4206 or (866) 488-0498. Learn more about the qualifications here.