New Mexico Mortgage Finance Authority
New Mexico MFA FirstHome Program is available to homeowners in Artesia, NM.
Down payment assistance program for first-time homebuyers in New Mexico. Provides up to $7,500 in forgivable down payment assistance when combined with a 30-year fixed-rate mortgage through participating lenders.
Down payment assistance forgiven over 5 years of occupancy
Official program page checked live on 2026-06-22.
Data last verified 2026-06-09. How we verify our data.
In Artesia, NM, you can combine this program with other local help to cut your cost:
A grant-savvy contractor in Artesia, NM can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.
Documents you will likely need
Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.
Deadline: Ongoing program, subject to funding
Ask us. It is free, and a real person answers within a business day.
Email us about this programUp to $7,500 down payment assistance.
New Mexico MFA FirstHome Program is open to homeowners in Artesia, NM.
Apply directly with New Mexico Mortgage Finance Authority using the official program link on this page or call (505) 843-6880. There is no middleman and no fee.
Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.
Rebates and discounts that stack on top of any grant. Most are free to use.
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
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