Office of Affordable Housing
Contact Affordable Housing
Mailing Address
Attn. Affordable Housing
P.O. Box 909
Santa Fe, NM 87504-0909
General Inquiries
contactoah@santafenm.gov
Faviola Chavez
Director
fachavez@santafenm.gov
Lenders
Refinancing. Refinancing is allowed under the terms of the Santa Fe Homes Program, and HOP and the City will subordinate its liens accordingly. To request a subordination, the requestor must state in writing why the transaction will benefit the long-term affordability of the homeowner by lowering either the monthly payment or mortgage interest rate. Refinancing is not approved if cash is taken out to pay for consumer debt.
The following items are required to request the subordination:
- Uniform Underwriting & Transmittal Summary
- Loan Application
- Good Faith Estimate
- Truth-in-Lending Disclosure Statement
- Appraisal – if there is one