New Mexico USDA Loan Income Limits and New Mexico USDA Loan Map
New Mexico USDA Loan offers affordable mortgage financing for moderate income households purchasing a house in a designated New Mexico USDA Loan eligible rural area as determined by the Rural Housing Service (RHS). New Mexico USDA Loan Map and New Mexico USDA Income Limit guidelines for the New Mexico USDA Loan program require that the: | New Mexico USDA Income Limits households with a moderate income not to exceed New Mexico USDA Loan county limits based on a household size of one to four or five and more family members. |
| New Mexico USDA Loan Map will determine if the house is located in a New Mexico USDA Loan approved area. Homebuyers should not assume that the term "rural" means the New Mexico USDA Loan program is only available in farming communities. Many areas approved by the RHS for the New Mexico USDA Loan Program are residential areas, near major cities, with a complete absence of any local farms. |
| New Mexico USDA Loan County Guideline Lookup Tool | ||
|---|---|---|
| Select County | Maximum Income | |
| Family 1-4: | ||
| Family 5+: | ||
| County Eligibility: | ||
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Make too much to qualify for the New Mexico USDA Loan? You still may qualify for the California USDA Loan Program based on certain deductions allowed by USDA Rural Development using the New Mexico USDA Max Income Calculator | ||
By purchasing a home located in a New Mexico USDA Loan area, qualified homebuyers have the ability to buy a house with:
No Money Down - 100% USDA Loan Financing - Low Monthly Mortgage Insurance - Flexible Credit Approval - Secure 30 Year Fixed Rate Mortgage - Unlimited Seller Closing Cost Help Allowed.
New Mexico USDA Rural Development County Specific Income and Location Guidelines
| County | Max Household Income | Location Restrictions | |
|---|---|---|---|
| 1 - 4 | 5 + People | ||
| Bernalillo | $74,750 | $98,650 | Partially Eligible |
| Catron | $74,750 | $98,650 | 100% Eligible |
| Chaves | $74,750 | $98,650 | Partially Eligible |
| Cibola | $74,750 | $98,650 | 100% Eligible |
| Colfax | $74,750 | $98,650 | 100% Eligible |
| Curry | $74,750 | $98,650 | Partially Eligible |
| De Baca | $74,750 | $98,650 | 100% Eligible |
| Dona Ana | $74,750 | $98,650 | Partially Eligible |
| Eddy | $74,750 | $98,650 | Partially Eligible |
| Grant | $74,750 | $98,650 | 100% Eligible |
| Guadalupe | $74,750 | $98,650 | 100% Eligible |
| Harding | $74,750 | $98,650 | 100% Eligible |
| Hidalgo | $74,750 | $98,650 | 100% Eligible |
| Lea | $74,750 | $98,650 | Partially Eligible |
| Lincoln | $74,750 | $98,650 | 100% Eligible |
| Los Alamos | $93,450 | $123,350 | 100% Eligible |
| Luna | $74,750 | $98,650 | 100% Eligible |
| Mckinley | $74,750 | $98,650 | 100% Eligible |
| Mora | $74,750 | $98,650 | 100% Eligible |
| Otero | $74,750 | $98,650 | Partially Eligible |
| Quay | $74,750 | $98,650 | 100% Eligible |
| Rio Arriba | $74,750 | $98,650 | 100% Eligible |
| Roosevelt | $74,750 | $98,650 | 100% Eligible |
| San Juan | $74,750 | $98,650 | Partially Eligible |
| San Miguel | $74,750 | $98,650 | 100% Eligible |
| Sandoval | $74,750 | $98,650 | Partially Eligible |
| Santa Fe | $79,000 | $104,300 | Partially Eligible |
| Sierra | $74,750 | $98,650 | 100% Eligible |
| Socorro | $74,750 | $98,650 | 100% Eligible |
| Taos | $74,750 | $98,650 | 100% Eligible |
| Torrance | $74,750 | $98,650 | 100% Eligible |
| Union | $74,750 | $98,650 | 100% Eligible |
| Valencia | $74,750 | $98,650 | 100% Eligible |
