MFA’s services don’t end when a home mortgage loan is closed. Our Servicing Department offers comprehensive mortgage servicing on MFA loans that includes set-up, funding, payment processing, escrow payments, collections and payoff processing.
We are also committed to helping homeowners who are having trouble making their mortgage payments. Using recognized loss-mitigation practices, we help those clients develop a plan to get back on track and stay in their home.
MFA has several programs designed to help New Mexico homeowners. From home repair to weatherization to mortgage and utility assistance, we want to do all we can to keep families in stable, safe housing.
KIP AND KATHY VAUGHN, pictured above
Nine years ago, Kip and Kathy Vaughn were living in a tiny home in Albuquerque when three of their grandchildren came to live with them.
“We were bursting at the seams,” Kathy said. “And we weren’t in a safe place – it wasn’t unusual to hear gunfire. I couldn’t let the kids run and play.”
With the help of MFA homeownership programs, Kip and Kathy were able to buy a beautiful home in the Sawmill Community of Arbolera de Vida. The children now have rooms of their own and spend evenings playing outside.