Contact Roberta Catanach rlcatanach@santafenm.gov 505-955-6421.

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