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New Mexico USDA Loans

My state-specific information

Eligibility Requirements – New Mexico

New Mexico residents have a great opportunity when house-hunting thanks to home loans from the USDA. For a family of 1-4 in New Mexic, the average household income limit is about $75,000 a year, and for families of 5 or more the limit can be as high as $123,350. Plus, with no down payment or qualifying assets required, and competitive, fixed interests rates, USDA loans are a great fit for just about any situation. To find out more, fill out the form below to get in touch with one of our USDA loan specialists.

This map shows the areas of New Mexico that qualify for USDA loans. For more info on eligible areas, check out the USDA property eligibility page.

Below you will find a link to the USDA income limits for New Mexico:

USDA Home Loan Income Limits New Mexico

  • NO down payment – Finance 100% of your home
  • NO maximum loan amount in New Mexico.
  • NO assets needed to qualify
  • Flexible credit guidelines
  • Competitive, fixed interest rates so payments do not increase
  • USDA Loans are for new and existing properties

Start your Alabama USDA home loan now! Just fill out this quick form to get started & a USDA loan specialist will contact you with your options.

What areas are eligible?

USDA Eligibility Map – New Mexico

USDA Home Loan Features

No money down

For starters, a USDA loan is one of the only loan programs offered to the general public that allows you to finance 100% of your home’s value. That means no down payment of any kind!

Great interest rates

USDA loans are made even more affordable through very competitive fixed interest rates, ensuring your payments will not increase every month.

Need a 620 credit score

USDA Loans .Net requires a middle credit score of at least 620. If you are close, apply and we can help.

Affordable 30 year terms

USDA home loans also offers affordable 30 year terms. If you are a first time home buyer, or not, a USDA loan is the perfect fit.

Roll in your closing costs

A USDA loan allows you to finance in your closing costs up to the appraised value. Making the USDA loan the only mortgage on the market with this ability.

Apply today

Start your USDA Loan now! It only takes 30 seconds to see if you qualify.