New Mexico MFA FirstHome Program

New Mexico Mortgage Finance Authority

Available Down Payment

About This Program

New Mexico MFA FirstHome Program is available in Los Alamos, NM.

Down payment and closing cost assistance for first-time homebuyers in Los Alamos County. Provides up to 5% of purchase price (maximum $7,500) as a forgivable second mortgage. Forgiven over 10 years. Must complete homebuyer education course.

Forgivable loan equal to 5% of purchase price, up to maximum

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

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

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

Key Details

  • Down payment assistance up to $7,500
  • Forgivable second mortgage over 10 years
  • For first-time homebuyers in Los Alamos County
  • Income limits apply based on household size
  • Homebuyer education course required

How to Apply

A grant-savvy contractor in Los Alamos, 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 program

Questions about this program?

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

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Frequently asked questions

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

Up to $7,500 down payment assistance.

How do I apply for New Mexico MFA FirstHome Program in Los Alamos, 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 Los Alamos, NM

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

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