Valencia County Down Payment Assistance Program
Deferred second loan · New construction · Income limits
Down payment assistance · Valencia County
Buying a home in Las Maravillas, NM
1 county program and 9 statewide.Las Maravillas has no program of its own, 1 across Valencia County, and 9 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
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What’s local to Las Maravillas
No program of Las Maravillas’s own yet
No program run for Las Maravillas alone is listed. A home in Las Maravillas can use Valencia County’s programs below, plus the New Mexico statewide and federal ones.
The closest city that runs its own program is Albuquerque, about 24 miles away. City programs usually require the home to be inside that city’s limits.
Anywhere in ValenciaAnywhere in Valencia County
1 county program1 county program a Las Maravillas homebuyer can use
The Las Maravillas marketThe Las Maravillas housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Las Maravillas
- 98.1% single-familysingle-family
- 0% townhousetownhouse
- 0% 2–4 units2–4 units
- 0% 5+ unitscondo & apartment buildings (5+ units)
- 1.9% mobile & othermobile home & other
About condos. Las Maravillas’s one local program does not list condos as eligible. Valencia County Down Payment Assistance Program lists single family.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Las Maravillas’s homes were built
pre-19401970s2020+
0.9%
of Las Maravillas homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$100,400
County area median income, 4 people (HUD)HUD area median income, Valencia County, 4-person household (2026)
$63,375
Las Maravillas median household incomeMedian household income in Las Maravillas (Census, 2024)
12 of the 72 programs here set their income limit as a share of Valencia County’s area median income, adjusted for household size. See the published limits for Valencia County
Free help nearbyFree help near Las Maravillas
1 HUD-approved counseling agency within 15 miles1 HUD-approved housing counseling agency within 15 miles
Create a free account to see who’s near you and pick one.A HUD-approved counselor teaches homebuyer classes and can walk you through your options. Create a free account to see who’s near you and pick one.
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Across New Mexico and nationwide
71 statewide & federal programs9 statewide programs, plus federal options
Las Maravillas questions
Does Las Maravillas have its own down payment program?
No program run for Las Maravillas alone is listed. A home in Las Maravillas can use the 1 program that cover Valencia County and the 9 statewide programs. Each program’s own site has the current terms.
Can I use assistance on a condo in Las Maravillas?
Las Maravillas’s one local program does not list condos as eligible. Valencia County Down Payment Assistance Program lists single family. Each program’s page lists the kinds of homes it accepts, and the agency confirms it for the home you choose.
What is the income limit in Valencia County?
Each program sets its own. 12 of the programs here set theirs as a share of HUD’s area median income for Valencia County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near Las Maravillas?
HUD-approved housing counseling agencies teach homebuyer classes, and 1 agency is within 15 miles of Las Maravillas. Create a free account and take the 90-second match to see the ones near you.
Nearby in Valencia
Sources
Sources: agency sites (July 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (July 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.