Call/Text an Academy Acres Realtor®: (505) 730-8181 E-mail Us

$500 Down Payment Program

Home Ownership Made Affordable

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  • Call/Text: (505) 730-8181

Buying a home is a great feeling.  Buying a home for as little as $500 down, is even greater.  Home buyers may have an opportunity to take advantage of the $500 Down Payment Program available in the State of New Mexico.

First Time Home Buyers

How It Works

You can receive the minimum 3.5% down payment in the form of a grant.  This allows you to save any money you have set aside for applicable inspections, appliances or just for a rainy day.  The program can also be used to assist with closing costs.

Basically, you can buy a home for as little as $500 out-of-pocket for the down payment.

First Time Home Buyers

Program Perks

  • 30 Year Fixed Rate Mortgage
  • Competitive Interest % Rates
  • Government Insured Loan
  • Works with FHA, VA, USDA and HFA
  • You Don't Need Perfect Credit
Get Pre-Approved

Get Pre-Approved

Getting started is easy.  Simply contact us with your interests in buying a home.  We will get you connected with a knowledgeable mortgage lender to assist in determining all of your options.

Need help? Have questions?

Call/Text: (505) 730-8181 or e-mail an Academy Acres Realtor®

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