First Time Home Buyer

The First Time Homebuyer Program is designed to help moderate to low-income families purchase their first home. Funding is provided by Wells Fargo and the New Mexico Mortgage Finance Authority (MFA). Partners include the City of Deming, Wells Fargo, New Mexico Mortgage Finance Authority, Fiesta Homes, and Karsten Manufacturing

Program offers...

Down payment assistance
MFA subsidy of up to $20,000
Assistance in arranging financing
Credit counseling
Financial literacy counseling
Home maintenance training

The homes built for the program are Energy Star Certified. Each home has 1188 square feet, 3 bedrooms & 2 bath, central heating and air conditioning, a 50 foot by 140 foot, 2 car garage and a concrete driveway.


Bring in all required documents listed on the  and we will help with the application and go over your credit report.