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Find Homeownership Incentives

The New Mexico Mortgage Finance Authority’s (MFA)

Type Of Program

Down Payment

Program distribution

Grant

Program Originator

New Mexico Finance Authority

Amount

$0.00

Contact

Blocks

Location
Nationwide
Description

The New Mexico Mortgage Finance Authority’s (MFA) has the FirstHome Program which assist first time homebuyers with moderate- to low -income purchase their first home. The first mortgage program can be used to purchase any single-home property and can be used with either of MFA’s down payment assistance second mortgage loan programs, FIRSTDown or HOMENow.  

AMI Limit

No

AMI

Employer Participation Required

No

Must Earn Counseling Certificate

Yes

Eligibility Limitations

applicants who have owned a home in the last three years are not eligible.

Cash Sale Permitted

No

Cosigner Permitted

No

Owner Financing Permitted

No

Must be Primary Residence

Yes

Program Provider's Contact Name

Program Provider's Address

344 Fourth St. SW, Albuquerque, NM 87102

Program Provider's Phone

5058436880

Program Provider's Email