About this document
New Mexico HomeNow Mortgage Program by Jenna Sandoval is a document available to read on EtoBox.
HomeNow is a second mortgage loan program for first-time homebuyers with lower incomes in New Mexico, providing up to $7,000 for down payment and closing costs. Eligible borrowers must occupy the home as their primary residence and can have the loan forgiven after 10 years under certain conditions. The program has specific income and purchase price limits that vary by county and household size, and requires pre-purchase homebuyer counseling.
- Author
- Jenna Sandoval
- Language
- EN