Building Trust

Homes enrich communities..
Communities are built on cultures..

MFA has special programs for Native Americans interested in buying, building, or repairing a home on trust land.

A home has a clear and unique meaning to each individual.  What is not always so clear is how to purchase a home.  MFA has programs designed to make purchasing a home on trust land affordable.

Who is eligible?

Native American families or individuals from federally recognized tribes that have a home site lease.

Other Requirements

Borrower and property must fall within MFA qualifying guidelines for income and sales price.

• Tribe must have a resolution in place to enforce eviction and foreclosure procedures in tribal court;
• Form of home site lease must be approved by BIA; and
• Borrower must have a home site lease from tribe.

What the Program Offers

• Below market interest rate loans which add up to real savings for borrowers (See Limits for income/sales price);
• Ability to borrow down payment and closing costs (See Limits for income/sales price);
• A way to buy, build or make repairs on an existing home on trust land;
• A guarantee that the land will never be removed from the trust; and
• A way to finance mobile homes on permanent foundations.

Who are we and how can we help?

MFA is the largest provider of affordable housing finance in New Mexico.  In our 25 year history we have helped more than 30,000 New Mexican families realize the dream of home ownership or find an affordable place to live.  We deliver our programs through a statewide network of lenders and housing partners and we would be happy to assist you in obtaining financing through a participating lender in you area.

For More Information

Contact one of the participating lenders listed below:

Citizens Bank of Farmington

Vectra Bank of Farmington

Gallup Federal

or contact the MFA in Albuquerque at 843-6880 or 1-800-444-6880 (toll free statewide).

Tribes*

Cochiti, Isleta, Jemez, Picuris, Pojoaque, Santo Domingo, Zuni, Jicarilla, Laguna, Mescalero, Navajo (New Mexico), Sandia, San Felipe, and San Juan.

*If you are a member of any other recognized tribe in New Mexico, please contact us to see if we can assist the tribe in participating.

Maximum Income Limits

Home Sales Price Limits