FirstHome and FirstDown

  • What It Offers: A mortgage loan for individuals or families who have not owned a home in the past three years. It may be used with MFA’s down payment assistance program, FirstDown.
  • Website: New Mexico MFA

HomeNow

  • What It Offers: A down payment and closing cost second mortgage loan available to first-time homebuyers with lower household incomes. The loan has a 0% interest rate and may be forgiven after ten years.
  • Website: New Mexico MFA

HomeForward

  • What It Offers: A mortgage loan for individuals or families who have owned a home in the past three years or who do not qualify for MFA’s FirstHome loan program.
  • Website: New Mexico MFA