Apr 30, 2020 2020-11

Implementation of Revised Program Acquisition/Purchase and Income Limits

Revised program limits will apply to FIRSTHome/FIRSTDown and NEXTHome/NEXTDown.
Please be advised that reservations made today, April 30, 2020, and moving forward are subject to MFA’s revised Household Income and Purchase Price Limits.  The revised limits apply to the FIRSTHome/FIRSTDown and NEXTHome/ NEXTDown programs. As stated in memorandum 20-09, MFA cannot grant any exceptions regarding the revised income and purchase price limits to participate in MFA’s programs.

Click MFA Income and Purchase price limits link to view MFA’s current income and purchase price limits.

Thank you for participating in MFA’s program. Should you have any questions, please contact a MFA homeownership representative.