Homes For Sale in NM MFA Targeted Areas

Quick Facts on the Targeted Areas Loan Program
• Targeted areas are neighborhoods that are identified as economically disadvantaged
• Borrowers in targeted areas do not have to be first-time homebuyers, but they must use MFA’s FIRSTHome program to receive targeted area benefits
• Buyers may use MFA’s FIRSTDown program
• Income limits and home sale price limits are higher in targeted areas
• Borrowers are eligible for the lowest interest rate offered by MFA in the previous 12 months

Learn more about the Housing New Mexico | New Mexico Mortgage Finance Authority Targeted Areas Program HERE