USDA Guaranteed Loans are the most popular rural development mortgage program in New Mexico.  Along with no down payment requirement, USDA loans don’t have set maximum loan limits for the guaranteed mortgage program. Instead, local limits are determined by a combination of the area USDA maximum income limit and the applicant’s debt-to-income ratio.

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This approach means that the maximum loan limits for Guaranteed Loans are variable, with New Mexico USDA income limits playing a major role.  Guaranteed Loan income limits across NM are listed below.

New Mexico USDA Guaranteed Loan Income Limits

Area
1-4 Person Households
5-8 Person Households
Albuquerque, NM MSA$86,850$114,650
Catron County, NM$86,850$114,650
Chaves County, NM$86,850$114,650
Cibola County, NM$86,850$114,650
Colfax County, NM$86,850$114,650
Curry County, NM$86,850$114,650
De Baca County, NM$86,850$114,650
Eddy County, NM$86,850$114,650
Farmington, NM MSA$86,850$114,650
Grant County, NM$86,850$114,650
Guadalupe County, NM$86,850$114,650
Harding County, NM$86,850$114,650
Hidalgo County, NM$86,850$114,650
Las Cruces, NM MSA$86,850$114,650
Lea County, NM$86,850$114,650
Lincoln County, NM$86,850$114,650
Los Alamos County, NM$108,550$143,300
Luna County, NM$86,850$114,650
McKinley County, NM$86,850$114,650
Mora County, NM$86,850$114,650
Otero County, NM$86,850$114,650
Quay County, NM$86,850$114,650
Rio Arriba County, NM$86,850$114,650
Roosevelt County, NM$86,850$114,650
San Miguel County, NM$86,850$114,650
Santa Fe, NM MSA$86,850$114,650
Sierra County, NM$86,850$114,650
Socorro County, NM$86,850$114,650
Taos County, NM$86,850$114,650
Union County, NM$86,850$114,650
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