New Mexico MFA FirstHome Program

New Mexico Mortgage Finance Authority

Available Down Payment

About This Program

New Mexico MFA FirstHome Program is available to homeowners in Grants, NM.

Provides down payment and closing cost assistance to first-time homebuyers in New Mexico. Offers competitive interest rates and various assistance options including forgivable second mortgages.

Down payment assistance as forgivable second mortgage

Official program page checked live on 2026-06-22.

Data last verified 2026-06-09. How we verify our data.

In Grants, NM, you can combine this program with other local help to cut your cost:

Key Details

  • Down payment assistance up to $15,000
  • For first-time homebuyers in New Mexico
  • Forgivable second mortgage options
  • Income limits apply by county
  • Competitive interest rates available

How to Apply

A grant-savvy contractor in Grants, NM can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

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, subject to funding availability

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can New Mexico MFA FirstHome Program provide in Grants, NM?

Down payment assistance up to $15,000.

Who qualifies for New Mexico MFA FirstHome Program in Grants?

New Mexico MFA FirstHome Program is open to homeowners in Grants, NM.

How do I apply for New Mexico MFA FirstHome Program in Grants, 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.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Grants, NM

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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