Low Down Payment Programs

The Federal Housing Administration (FHA) and Department of Veterans Affairs (VA) offer a variety of low down payment programs to help borrowers qualify for mortgage financing with little or no money down.

First-time Home Buyer Programs

This program is offered through the MFA Housing New Mexico and we are an approved lender offering a range of programs to assist first-time home buyers.

FHA Home Loans (Federal Housing Administration)

These loans are insured by the FHA and give qualified borrowers a lower down payment requirement.

VA Home Loans (Veterans Affairs)

Federal veterans’ programs provide active duty personnel, reservists and veterans with 100% financing, low closing costs and historically low rates.

USDA Home Loans (Guaranteed Rural Housing)

USDA home loans are ideal if you’re a first-time home buyer looking to purchase in “rural defined population service areas.” You must also meet certain income requirements.

Visit or call one of our local mortgage originators to discuss your next steps.

Use our application checklist to help you gather information that may be needed for your home loan.

Our affordability calculators can help estimate what amount is within your price range.