image desccription

Revised Acquisition Cost Limits

Effective with loans reserved on June 27, 2016, MFA is revising the Acquisition Cost Limits for the First Home and Next Home programs as well as the First Down program.

The revised Acquisition Cost Limits for all programs are as follows:

First Home/First Down Acquisition Cost Limits

Geographic Area

Acquisition Cost Limit

Santa Fe County $346,988
Los Alamos County $358,916
Taos County $270,000
All other Areas of the State $255,574
All Targeted Areas Census Tracts within the State $312,368

 

Next Home Acquisition Cost Limit                      

Geographic Area

Acquisition Cost Limit

All Areas of the State $350,000

 

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.