MFA's mortgage programs provide homebuyers with down payment and closing cost assistance as well as competitive interest-rate mortgage loans. An MFA participating lender will help you determine which program is best for you. You can find a list of participating lenders by clicking the link on the menu bar to the left.
FIRSTHome
A mortgage loan for individuals or families who are buying a home for the very first time.
FIRSTHome Description
Download a factsheet
FIRSTDown
A second mortgage loan with a low interest rate that helps first-time homebuyers with down payment and closing costs.
FIRSTDown Description
Download a factsheet
NEXTHome
A mortgage loan for non-first-time homebuyers who are purchasing their next home. NEXTHome is also available for first time homebuyers, if a lender determines that it best suits their needs.
NEXTHome Description
Download a factsheet
HOMENow
A second mortgage loan that provides down payment and closing cost assistance for first-time homebuyers with lower incomes.
HOMENow Description
Download a factsheet
For more information about any of MFA's homebuyer programs, please contact a homeownership representative at 505.843.6881 or send an email to info@housingnm.org.
