X

Is this the year that a reverse mortgage or HECM is right for you -- or your parents? Read our comprehensive guide to HECMs and RMs.

Is this the year that a reverse mortgage or HECM is right for you -- or your parents? Read our comprehensive guide to HECMs and RMs.

Current FHA Mortgage Rates in New Mexico : HSH.com's FHA/VA Showcase

Get FHA mortgage rates

Note: Your loan amount is greater than the value of the property, a condition known as being "underwater".
Sorry, no listings found currently for the selected values

New Mexico Mortgages

2020 FHA Loan Limits for New Mexico

FHA Loans are government insured loans from the Federal Housing Administration and are an attractive option for homebuyers who want to refinance.

FHA mortgages are backed by a self-insuring pool to limit risks for the lenders who make these low downpayment loans. Homebuyers or homeowners looking to refinance can borrow with as little as a 3.5% downpayment or equity stake.

FHA loan limits are different than those for conventional mortgages, as they use a formula based on median home prices; as such, FHA loan limits are reset each year, and vary from county to county in each state. The 2020 FHA Loan Limits for each county in New Mexico are below.

County NameOne FamilyTwo FamilyThree FamilyFour Family
BernalilloOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
CatronOne Family$401,350Two Family$513,800Three Family$621,050Four Family$771,850
ChavesOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
CibolaOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
ColfaxOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
CurryOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
De BacaOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
Dona AnaOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
EddyOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
GrantOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
GuadalupeOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
HardingOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
HidalgoOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
LeaOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
LincolnOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
Los AlamosOne Family$431,250Two Family$552,050Three Family$667,350Four Family$829,350
LunaOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
MckinleyOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
MoraOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
OteroOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
QuayOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
Rio ArribaOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
RooseveltOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
San JuanOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
San MiguelOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
SandovalOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
Santa FeOne Family$380,650Two Family$487,300Three Family$589,000Four Family$732,000
SierraOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
SocorroOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
TaosOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
TorranceOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
UnionOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
ValenciaOne Family$331,760Two Family$424,800Three Family$513,450Four Family$638,100
Add to Homescreen?
X
X
Install this web app on your phone :tap and then Add to homescreen