Are you tired of renting? Finance a home through First Federal and reap the benefits of owning your own home. First Federal Bank offers a wide variety of financing and trained lenders to help you get the best product. We offer:
- Conventional Financing
- Adjustable Rate Mortgages
- FHA/VA Financing
- VA – Interest Rate Reduction Loans
- New Mexico Mortgage Finance
- Authority Financing
Is this your first home? Ask about our first-time homebuyers financing. This program is available to individuals or families, who during the past three years have not lived in any home in which they have had ownership. First-time homebuyers benefit from a 30-year fixed-rate loan at one of two interest rates. Buyers choosing the higher rate will receive 3.5% of the principal loan amount in assistance which can be used towards down payment, closing costs, and "prepaid" escrow expenses. Contact a loan officer to see if you qualify today.
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