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Posted November 18, 2015

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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