Company: MFAN
Filing Date: 2025-08-15
Form Type: 424B5
Source: 0001104659-25-079260
Chunk: 84

Company: MFA FINANCIAL, INC.
Filing Date: 2025-08-15
Form: 424B5
Chunk 84
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 ​    | ​ | 14 | ​ | ​ |
| DESCRIPTION OF DEBT SECURITIES                                   | ​ | ​ | ​    | ​ | 15 | ​ | ​ |
| DESCRIPTION OF OTHER SECURITIES                                  | ​ | ​ | ​    | ​ | 30 | ​ | ​ |
| CERTAIN PROVISIONS OF MARYLAND LAW AND OF OUR CHARTER AND BYLAWS | ​ | ​ | ​    | ​ | 31 | ​ | ​ |
| MATERIAL U.S. FEDERAL INCOME TAX CONSIDERATIONS                  | ​ | ​ | ​    | ​ | 36 | ​ | ​ |
| PLAN OF DISTRIBUTION                                             | ​ | ​ | ​    | ​ | 62 | ​ | ​ |
| LEGAL MATTERS                                                    | ​ | ​ | ​    | ​ | 64 | ​ | ​ |
| EXPERTS                                                          | ​ | ​ | ​    | ​ | 65 | ​ | ​ |
| INCORPORATION OF CERTAIN DOCUMENTS BY REFERENCE                  | ​ | ​ | ​    | ​ | 66 | ​ | ​ |
| INFORMATION WE FILE                                              | ​ | ​ | ​    | ​ | 67 | ​ | ​ |

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TABLE OF CONTENTS

### ABOUT THIS PROSPECTUS
This prospectus is part of a “shelf” registration statement. Under this shelf registration statement, we may sell any combination of: our common stock; preferred stock; depositary shares representing shares of our preferred stock; warrants entitling the holders to purchase our common stock, preferred stock, depositary shares, debt securities or units; debt securities; rights issuable to our stockholders to purchase shares of our common stock or preferred stock, to purchase warrants exercisable for shares of our common stock, shares of our preferred stock, depositary shares, debt securities or units, to purchase our debt securities, to purchase depositary shares or to purchase units consisting of two or more of the foregoing; or units consisting of two or more of the foregoing, in one or more offerings. This prospectus provides you with a general description of the securities we may offer. Each time we sell securities, we will provide a prospectus supplement that will contain specific information about the terms of that offering. The prospectus supplement may add, update or change information contained in this prospectus. Before you buy any of our securities, it is important for you to consider the information contained in this prospectus and any prospectus supplement together