New Mexico FirstHome
New Mexico FirstHome is a first mortgage product from MFA Housing New Mexico. Available statewide in New Mexico. For first-time buyers. Income limit: Per HH/county.
Amount varies by program
Listed as open as of May 2026
Available statewide in New Mexico.
| First-time buyer | Required |
|---|---|
| Income limit | Per HH/county |
| Minimum credit score | 620 |
| Homebuyer education | Required (HFA-approved (Framework, eHome, NeighborWorks, etc.)) |
| Occupations | Statewide NM |
| Property types | SFR, condo, manufactured |
| Occupancy | Owner-occupied primary |
| Eligible loan products | FHA/VA/USDA/Conv |
| Sales price cap | Per county |
| Repayment | Pairs with DPA 2nd |
| Stacking | Pairs with FirstDown |
Cal has not re-checked this listing recently. Confirm the current terms with the program administrator before relying on them.
Provider: MFA Housing New Mexico · program details at the provider’s site.
See if New Mexico FirstHome fits your purchase
Tell Cal how to reach you and a licensed loan officer will walk through this program, what it stacks with, and what you would actually qualify for. No spam, no list-selling.
More New Mexico programs
-
Grant · Up to $10,000
-
Silent 2nd 0%, 10-yr forgive · Up to $88,000
-
3rd mortgage 0%, 10-yr forgive · Up to $15,000
-
Optional 2nd · Amount varies by program
-
Forgivable 2nd · Up to $7,000
-
Optional 2nd · Amount varies by program
-
second_loan · Amount varies by program
-
forgivable_loan · Amount varies by program