FROM:Erik Nore, Director of Homeownership
DATE:June 19, 2015
RE:Memo No. 15-21
Revised Acquisition Cost Limits
- Mortgage$aver/Mortgage Booster Programs
- HERO Program
Revised Acquisition Cost Limits:
Effective with loans reserved on June 22, 2015, MFA is revising the Acquisition Cost Limits for the single family program.
The revised Acquisition Cost Limits for the Mortgage$aver, Mortgage$aver Zero, Mortgage$aver Plus, HERO and Mortgage Booster programs are as follows:
|Geographic Area||Acquisition Cost Limit|
|Los Alamos County||$363,293|
|Santa Fe County||$351,220|
|All other Areas of the State||$258,691|
|All Targeted Census Tracts Within the State||$316,177|
Please feel free to contact MFA’s Homeownership Department with any questions or for further clarification.
Thank you for participating in MFA’s single family program.