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Posted November 18, 2015

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Teachers can save on mortgages with HERO program

Program through Mortgage Finance Authority helps with down payment

Teachers, educational administrators, police officers, nurses, firefighters and others can get assistance with a down payment on a home with the New Mexico Mortgage Finance Authority’s Hero Program.

The program offers a first mortgage loan that includes a 3 percent down payment assistance grant to low and moderate income homebuyers in specific occupations.

 The Hero Program is available through a statewide network of MFA-approved lenders, including the Bank of Albuquerque. For more information you can contact April Herrera at 855-0505 or your lender.

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