FirstDown

FirstDown是面向Statewide，New Mexico购房者的延期第二贷款。 NM MFA $7,500 fixed-amount 0% deferred-payment second mortgage paired with FirstHome first mortgage. 620 FICO, 45% DTI, $500 borrower contribution. Statewide first-time homebuyer program. FirstDown is the New Mexico Mortgage Finance Authority's flagship down payment assistance second mortgage paired with the NM MFA FirstHome (first-time homebuyer) first mortgage. Eligible borrowers receive a $7,500 fixed-amount, 0% interest, deferred-payment second mortgage with no monthly payments. The full $7,500 balance is due upon sale, refinance, payoff of the first mortgage, transfer of title, or when the home is no longer the borrower's principal residence. Funds may be applied to down payment and/or closing costs. FirstDown is the most widely used NM MFA DPA product and is reserved by approved participating lenders concurrently with the FirstHome first mortgage rate lock. 资金来自State和Bond。

FirstDown为延期还款，在房屋出售、再融资或第一抵押贷款还清之前无需付款。 触发还款的情形：Full $7,500 balance due on sale, refinance, payoff of first mortgage, transfer of title, or when home is no longer borrower's principal residence. No monthly payments during life of first mortgage. 该援助以2nd Lien顺位留置权登记。 免除和还款条款由项目设定，并可能变化——申请前请在项目官方网页上确认。

FirstDown面向首次购房者和将房屋作为主要住所自住的购房者。 此处的“首次”有例外情况：Federally designated targeted census tracts (per IRS Section 143) and honorably discharged veterans waive the first-time-homebuyer requirement. 关于信用，该项目说明：620 minimum representative mid-FICO across all NM MFA bond programs. 须参加购房者教育课程，由NM MFA-approved homebuyer education provider; HUD-approved counseling agencies including Homewise, NeighborWorks Laredo, United South Broadway, Tierra del Sol Housing Corporation, eHome America, or Framework.提供。 居住要求：Property must be located in New Mexico and serve as borrower's principal residence. 公民身份或移民身份：U.S. citizen, permanent resident alien, or qualifying non-permanent resident alien per first-mortgage product overlays. Must qualify for and be paired with NM MFA FirstHome first mortgage. First-time homebuyer required (no ownership of principal residence in past 3 years; waived in federally targeted census tracts and for honorably discharged veterans). Owner-occupied principal residence. Income within FirstHome limits ($82,560 1-2p non-targeted up to $191,705 3+p targeted by county per 2025 NM MFA schedule). Acquisition price within FirstHome limits ($544,232 non-targeted / $718,722 targeted). 620 mid-FICO minimum. 45% maximum DTI. $500 minimum borrower investment (giftable). NM MFA-approved homebuyer education required.

FirstDown将家庭收入限制在$191,705。 该限制适用于家庭总收入，而不仅是借款人的收入。 地区收入中位数由HUD公布并每年更新，因此在依据某个数字之前，请查看该县的最新表格。

FirstDown将房价上限设为$718,722。 符合条件的房屋类型包括Single-family detached, condominium, townhouse, PUD和manufactured home on permanent foundation per servicer overlays. 新建房屋符合条件。 预制房屋符合条件。

FirstDown在其服务群体中提到了退伍军人、现役军人、预备役人员和国民警卫队成员、遗属配偶和美洲印第安人和阿拉斯加原住民购房者。 在此列出仅表示项目提到了该群体，并不表示仅凭群体身份即可使申请人符合条件——其余资格规则仍然适用。

FirstDown服务于在Statewide，New Mexico购房的购房者。 该项目针对特定区域：Federally designated IRS targeted census tracts (per Section 143) and Qualified Census Tracts where NM MFA waives the FTHB requirement and applies higher income / purchase price limits.

FirstDown的申请通过管理该项目的机构办理，该机构在其网站上公布现行条款和申请步骤。 资金通过Reserved by NM MFA-approved participating lender via NM MFA's online lender portal at time of FirstHome first-mortgage rate lock.预留。 Hey Prescott不是贷款机构，也不受理申请；本页介绍该项目，方便购房者向贷款机构或住房咨询师咨询。