Yes, Housing New Mexico — a Mortgage Finance Authority partner — offers its FirstHome program exclusively to first-time homebuyers. This program can provide a mortgage to first-time homebuyers as long as they contribute at least $500 of their own money. Borrowers also can combine FirstHome with Housing New Mexico’s FirstDown program to add down payment assistance to the benefits already offered. To full descriptions of these programs and the others offered by Housing New Mexico, visit its MFA Loan Programs page.