first time buyer | Gary Sandler

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  • Sep 13, 2018 NM agency launches new down payment-assistance program
    Gary Sandler
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    Published 13 September 2018 The New Mexico Mortgage Finance Authority (MFA) has announced the release of HomeNow, which is a down-payment assistance loan available to lower-income, first-time homebuyers. HomeNow is a zero-percent interest rate loan that is non-amortizing, which means that there are no monthly payments required. According to Teri Baca, MFA homeownership representative, the

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  • Aug 23, 2018 Saving for a down payment on a house may be easier than you think
    Gary Sandler
    No Comments | 0 Likes | 1,450 Views

    Published 23 August 2018 According to the National Association of Realtors 2017 Profile of Home Buyers and Sellers, the most difficult step in the homebuying process is saving for a down payment. HouseLogic.com, which is NAR’s site for homeowners, recently reported that the 20 percent down payment requirement is “one of the biggest misconceptions in home

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