*
In 1975 the New Mexico state legislature created the New
Mexico Mortgage Finance Authority, a public body politic
and corporate, separate and apart from the state, constituting
a governmental instrumentality, with the power to raise
funds from private investors in order to make such private
funds available to finance the acquisition, construction,
rehabilitation and improvement of residential housing for
persons and families of low or moderate income within the
state.
MFA provides innovative policies, products, education,
and services in collaboration with strategic partners to
ensure that all New Mexicans have access to affordable housing.
We engage in self-sustaining practices to strengthen the
social and economic development of New Mexico's communities
and families by financing, developing, and preserving homes.
New Mexico MFA Mortgage Loan Program Rates
- Mortgage$aver - 5.60%
- Mortgage$aver Xtra/Green - 5.10%
- Mortgage$aver Zero - 6.10%
- Mortgage$aver Plus - 6.75%
- HERO First- 6.00%
* Information taken from http://www.nmmfa.org/
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