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What Is the Down Payment Assistance Program?



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Have you got your eye on a new home? If so, you're in luck! There is still time to get into a new home by the end of the year.

Some of you may think you can't afford a new home, but you can! There's a great program here in New Mexico offered through the Mortgage Finance Authority. It's called the down payment assistance program.

For as little as $500, you can get into a new home. There are two programs available. One is a grant, the other is a loan. You can earn up to $75,000 a year and still qualify for the down payment assistance program.


If you're interested in buying a home, now is a great time to do so. Not only can you take advantage of this great program, but you can also take advantage of our phenomenally low interest rates.

If you have any questions for us, give us a call or send us an email. We would be happy to help you get into a new home in time for Christmas!