New Mexico MFA FirstHome Program

New Mexico Mortgage Finance Authority

Available Down Payment

About This Program

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

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

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.

Deadline: Ongoing program

Questions about this program?

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

Email us about this program

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.

See All Programs