Only 5 Spots Available!

$50,000 Towards Your First Home

New Homes for New Mexico Program

Your first home might be closer than you think.

Get $50,000 toward your down payment and closing costs.

Through Housing New Mexico | MFA, qualifying first-time buyers can receive $50,000 in assistance toward an eligible new Abrazo home, and we're offering it at Mesa del Sol, our signature community.

Call Blair 505-588-7190 Text Blair Ask Blair About the $50,000

Only 5 opportunities. First come, first served.Abrazo was the first builder in New Mexico approved to participate in this program. As of November 1, 2026, Abrazo is the only approved builder, with five opportunities currently available.

The short version

$50,000 for your down payment & closing costsSo you can bring a lot less cash to the table.

0% interest. No monthly payments.Your regular mortgage payment still applies.

Paid back later, not every monthIt comes due when you sell, refinance or move out.

Made for first-time buyersWho will live in the home. Details below.

Meet Mesa del Sol, our signature community

A vibrant, master-planned community in SE Albuquerque where every day brings a new adventure, and where this $50,000 can help you get your keys.

Neighbors with Netflix Studios, a modern soccer complex and an amphitheater for concerts and events
Walking trails, dog parks and swimming pools for those warm New Mexico summers
Quick access to I-25, downtown, the Sunport, Kirtland AFB and UNM

Do I qualify? Let's find out.

Plain English first, with the program's official wording right under it. You don't have to figure this out alone.

First-time buyersHaven't owned a home you lived in for the last three years? You count.You have not owned and occupied a home as your primary residence within the past three years. If married, each spouse must meet this requirement.

Income eligibilityThere's a household income cap. Your lender will tell you exactly where you land.Total household income must be below 120% of the county area median income, using the program's four-person household benchmark. This does not mean you must have four people in your household. Your lender will confirm the applicable limit; a lower mortgage-program limit may apply. See current limits at housingnm.org.

Mortgage approvalYou'll need to qualify for a Housing New Mexico home loan.You must qualify for Housing New Mexico's FirstHome or HomeForward mortgage program, including applicable credit, debt-to-income, income, employment and rental-history requirements.

Don't worry, we can walk you through this. We'll simply connect you with Heather at Frost Mortgage to answer all of your questions.

Primary residenceThis is for the home you'll actually live in.You must live in the home as your primary residence. This program is not for vacation homes or investment properties.

How the $50,000 worksThink of it as a helping hand you pay back later, not every month.The $50,000 is a loan with 0% interest and no monthly payments. It can help cover your down payment and closing costs. It is not a grant or a forgivable loan. Your regular mortgage payment still applies. When do you repay it? The outstanding assistance loan balance becomes due when you sell the home, refinance your first mortgage, transfer title, or stop living in the home as your primary residence, including renting it out. You must notify Housing New Mexico of occupancy changes.

Which homes qualify

Brand-new Abrazo homes, and we'll show you which ones at Mesa del Sol fit.

1,800max. sq ft (home)

5,000max. sq ft (lot)

12 momax. age of C.O. at closing

Eligible homes must be newly constructed, site-built, never occupied single-family homes, attached or detached, with ownership of the home and land, no more than 1,800 square feet on a lot no larger than 5,000 square feet. At closing, the certificate of occupancy must be no more than 12 months old. Program purchase-price limits also apply.

Three easy steps

STEP 1Call or text Blair

Check availability. Only five spots!

STEP 2Talk with Heather at Frost Mortgage

She'll review your qualifications and next steps.

STEP 3Pick your Mesa del Sol home

We'll help you find an eligible one.

Still have questions?Don't worry, we're here to help.

Call Blair505-588-7190Our online sales counselor can check availability and walk you through it all.
Ask Blair About the $50,000

Jump to qualifying505-999-8563Heather Foote-Jasso, Frost Mortgageheather@frostmortgageusa.com

Good to know: This assistance cannot be combined with other Housing New Mexico down payment assistance or buydown programs. The statewide program provides $75,000 in Los Alamos, Santa Fe and Taos counties; this page describes Abrazo's $50,000 opportunities.

Availability and Abrazo participation status supplied by Abrazo Homes as of November 1, 2026. Funding, eligible homes and buyer approval are subject to program requirements and availability. Assistance is not guaranteed. Program source: Housing New Mexico | MFA, New Homes for New Mexico NOFA and FAQs at housingnm.org.

Heather Foote-Jasso, Branch Manager, Frost Mortgage Lending Group, NMLS ID 461057, 6711 Academy Rd. NE, Albuquerque, NM 87109. This is not a commitment to lend; all loans are subject to credit approval.