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  • The main state government housing agency in New Mexico is the New Mexico Mortgage Finance Authority. This Agency cares for all housing departments and programs, including state and federal housing programs. One of the goals of this Agency is to help homeowners avoid foreclosure and protect their homes.

    In these difficult financial times homeowners are struggling more than ever to make their mortgage payments. The MFA has provided specific advice for New Mexico households which includes a set of steps you can follow to avoid foreclosure. None of these steps are, sadly, fail-proof. In some cases, homeowners can no longer afford buying a home and must look into alternative ways of dealing with their mortgage and look for other sources of housing. The MFA can help whether you think can save your mortgage or whether you need help finding the most graceful and financially efficient way out of your mortgage.

    Step 1. The first think you should do is contact your lender. Your lender is ultimately the agency which will approve or deny a loan modification, refinance or other type of mortgage settlement. The sooner you contact your mortgage provider the more options you will have. Some mistakenly believe that talking to your lender will accelerate a foreclosure process. The opposite is true. Mortgage providers will start their foreclosure procedures as soon as you are late for your payments. If you contact them before this happens you may receive the help you need so you never have to fall behind in your mortgage payments.

    Step 2. Steps 2 and 3 work together. As soon as you have contacted your lender and explained your situation, the lender’s loss mitigation department will start to analyze your financial situation and what is the best option for you and the lender. You should do the same. Find out what programs you qualify for and what you need to qualify. The main federal program for the protection from foreclosure is the Making Home Affordable program.

    Step 3. Talk to a certified mortgage counseling agency. The federal government sponsors these agencies to provide free or low-cost advice to struggling householders. We include a list of the mortgage counseling agencies currently available , their service area and contact details. Notice that the MFA works with the United South Broadway Corporation and the ILRC Housing Division.

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    Clovis Housing Authority 

    Curry County

    Waymon Dowdy



    Community Action Agency of Southern New Mexico – 

    Las Cruces   

    Dona Ana, Grant, Hidalgo, Luna, Otero and Sierra Counties
    Shelly Almaguer

    Kena Carriere



    Eastern Plains Housing Development Corporation  

    Chaves, Curry, DeBaca, Eddy Guadalupe, Harding,  Lea, Quay, Roosevelt & Union Counties   

    Sandra Hidalgo

    Monica Moncada



    HOME New Mexico (MFA Helping Hand Loans)   

    Bernalillo, Sandoval and Valencia Counties – may also be able to serve other areas   

    Elena Gonzales

    Elaine Leal




    Rio Arriba, San Miguel, Santa Fe and Taos Counties   

    Michele Lis



    Las Cruces Affordable Housing, Inc.   

    Dona Ana County– may also be able to serve other areas  

    Virginia Bell



    Navajo Partnership for Housing  

    Bernalillo, Cibola, McKinley and San Juan Counties   

    Lavera Thompson



    Southwest Neighborhood Housing Services, Inc.  

    Bernalillo, Sandoval and Valencia Counties – may also be able to serve other areas   

    Robert Garcia



    Region VI Housing Authority

    Chaves, Eddy, Lea, Lincoln and Otero Counties   

    Kelly Leflar

    575-622-0881 ext. 25


    Santa Fe Community Housing Trust  

    Santa Fe County    

    Nellie Martinez

    Ron Chavez



    Tierra Del Sol Corporation   

    Dona Ana County   

    Art Marrujo



    United South Broadway Corporation 

    Bernalillo, Sandoval, and Valencia Counties   

    Tim Gardener



    YWCA – Consumer Credit Counseling Service  

    Dona Ana and Otero Counties   

    Dolores Rosell


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