New Mexico · assistance programs

New Mexico homebuyer assistance

BestQualify separates the state program’s own rule from the first mortgage and from a lender’s overlay.

Verified for numeric use

Program
FirstHome + FirstDown
Assistance type
Second mortgage
Amount / maximum
Not stated
Minimum score
620
What changes at a score tier
No verified score tier
First-mortgage types
Program-specific
Homebuyer education
Required
Repayment / forgiveness
Program-specific

Source record

Agency: New Mexico Mortgage Finance Authority / Housing New Mexico
Primary source: Housing New Mexico Homebuyers
Source effective / published: not stated
Last verified by CTI research: 2026-09-23
Section: Program overview