Mortgage Reduction Assistance
One of the biggest challenges faced by potential homeowners is the ability to save up enough money for a down payment. With mortgage reduction assistance, the amount needed for a down payment will be less. We work with clients to determine whether they can qualify for mortgage reduction assistance via the Community Development Block Grant, the Affordable Housing Trust Fund, Community Development Financial Institution Funds, Housing Opportunities for persons with Aids/HIV as well as through our own loans, generally distributed at a level of up to $50,000. Click here to explore our down payment assistance funding sources and discover how they can help you achieve your dream of homeownership.
Our policy prioritizes veterans, first responders, special needs households, larger families, those affected by domestic abuse, and lower-income applicants.
HUD Certified Counseling
Embarking on buying your first home can raise many questions. Our counseling services are designed to address every concern along your journey. We provide comprehensive support including credit counseling, mortgage affordability assessments, lender finding assistance, down payment aid qualification, and help in locating an affordable home.
Recognizing that every family's needs are unique, we create personalized home-buying strategies. Our one-on-one counseling offers thorough session work, leading to income certification, budget planning, or an action plan for making home purchasing feasible. It's a dedicated process, and our team is committed to guiding each client towards successful homeownership.
Homebuyer Training Classes
Our monthly, award-winning homebuying classes are designed to demystify the process. These free sessions, led by certified instructors and local real estate experts, guide you step-by-step through the home-buying journey.
The classes make homeownership accessible, even for those who might not qualify conventionally, by providing insights into special mortgage options and downpayment assistance. Attendees receive a certificate upon completion.
Our training is tailored for everyone, including full-time workers, single parents, and those with nontraditional schedules. Join us and gain invaluable knowledge for you and your family's future.
Reverse Mortgage Counseling
The Santa Fe Community Housing Trust provides HUD-approved Home Equity Conversion Mortgage counseling. If you are 62 years of age, a homeowner, and possess substantial equity in your home, this Federal Housing Administration (FHA) reverse mortgage product may be a viable alternative to consider.
This mortgage product can help you eliminate your mortgage payment, provide you with a monthly income and/or line of credit, or provide funds for other financial goals. The program provides multiple loan options, and prospective borrowers may work with the counselor to obtain the information they need to make the best decision for themselves.
Mon-Thursday 8am-5pm
Friday 8am-4pm
Phone: 505.989.3960
info@housingtrustonline.org
6005 Jaguar Drive, Ste 101
Santa Fe, New Mexico 87507
