New Mexico mortgage finance authority | Gary Sandler

  • Gary Sandler
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    Published 16 November 2019 LAS CRUCES – Determining how much home you can buy before hopping into the car and embarking on loan and house shopping sprees is a very good idea. In addition to uncovering the extent of your buying power, you’ll learn enough about the qualifying process to successfully negotiate with lenders for

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  • Gary Sandler
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    Published 1 May 2019 The New Mexico Mortgage Finance Authority (MFA) is best known for providing mortgages and down payment assistance to first-time homebuyers. They do much more than that, however. In addition to also providing tax credits and financing for the development of affordable rental housing, they likewise offer special financing for buyers who

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  • Gary Sandler
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    Published 20 January 2019 The New Mexico Mortgage Finance Authority recently announced the launch of a new loan option for current homeowners wishing to purchase their next primary residence. The NextHome/NextDown program provides a fully forgivable second mortgage that allows move-up buyers to purchase a new or existing single-family home, townhome, condominium or doublewide or

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  • Gary Sandler
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    Published 16 February 2018 LAS CRUCES – The New Mexico Mortgage Finance Authority served more first-time and non-first-time home buyers in 2017 than in any other year on record, according to MFA Homeownership Representative Teri Baca. MFA was created by the state legislature in 1975 and has provided mortgage loans and down payment assistance to more

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  • Gary Sandler
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    Published 29 September 2017 LAS CRUCES – First-time buyers drive the housing market. Think of it as the trickle-up theory. First-timers buy the homes of the first-time buyers who preceded them, who in turn move up to larger and more expensive homes. In annual surveys dating back to 1981, the National Association of Realtors reported that an average

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  • Gary Sandler
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    Published 21 April 2017 LAS CRUCES — The New Mexico Mortgage Finance Authority is best known for providing mortgages and down payment assistance to first-time buyers. They do much more than that, however. In addition to also providing tax credits and other financing for the development of affordable rental housing, they likewise offer special financing

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