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$500 Down Payment Program

$500 Down Payment Program

Learn about the program’s benefits

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New Mexico residents have access to a $500 Down Payment Program for first time home buyers.  A first-time home buyer is deemed a person who has not owned a home or was the occupant of a home as a primary residence in the past 3 years.

First Time Home Buyer Program

Program Benefits

  • Assists with Down Payment
  • Only $500 Out of Pocket For Loan
  • Perfect Credit Not Required
  • Can Help with Closing Costs
  • Eligible with FHA, VA, USDA and HFA Preferred Conventional Mortgage Loans

Get Pre-qualified For a Home Mortgage

The first step to buying a home is to get pre-qualified.

Know Your Options

The process can be easy and painless.  We'll help you determine all of your options.  You'll learn your buying power and what your mortgage payment could be.

Call/Text: (505) 730-8181

Need help? Have questions?

Call/Text (505) 730-8181 or e-mail a local Realtor®


National Association of REALTORS®
REALTORS® Association of New Mexico
Greater Association of Albuquerque REALTORS®
New Mexico Real Estate Commission
Syan Real Estate