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Get Matched Free →Lea County Housing, Inc. Homebuyer Education and DPA Linkage Program
Funding status: Active
How much assistance
Up to $8,000 in MFA down payment and closing cost assistance after completion of LCHI's first-time homebuyer education class
MFA forgivable second mortgage terms apply (typically 10-year forgiveness for FirstDown).
Eligibility
- Income limits: Low-income graduates of LCHI's first-time homebuyer education class are eligible to apply for MFA down payment and closing cost grants.
- First-time buyer required: Yes — A first-time homebuyer is anyone who has not owned and occupied a primary residence in the past three years.
- Geographic restrictions: Serves Lea County, NM, including Hobbs.
- Homebuyer education required: Yes
How to Apply for Lea County Housing, Inc. Homebuyer Education and DPA Linkage Program
Enroll in the Lea County Housing, Inc. first-time homebuyer education class. Upon completion, LCHI counselors connect graduates to Housing NM (MFA) down payment and closing cost grants and Housing NM participating lenders.
Notes
LCHI is funded in part by a grant from the City of Hobbs to provide community housing services. The DPA flows through MFA programs but is gated by completion of LCHI homebuyer education for income-qualified applicants. Verify current funding and class schedule with LCHI.