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$75,650$99,850
Catron County, NM$75,650$99,850
Chaves County, NM$75,650$99,850
Cibola County, NM$75,650$99,850
Colfax County, NM$75,650$99,850
Curry County, NM$75,650$99,850
De Baca County, NM$75,650$99,850
Eddy County, NM$75,650$99,850
Farmington, NM MSA$75,650$99,850
Grant County, NM$75,650$99,850
Guadalupe County, NM$75,650$99,850
Harding County, NM$75,650$99,850
Hidalgo County, NM$75,650$99,850
Las Cruces, NM MSA$75,650$99,850
Lea County, NM$75,650$99,850
Lincoln County, NM$75,650$99,850
Los Alamos County, NM$94,600$124,850
Luna County, NM$75,650$99,850
McKinley County, NM$75,650$99,850
Mora County, NM$75,650$99,850
Otero County, NM$75,650$99,850
Quay County, NM$75,650$99,850
Rio Arriba County, NM$75,650$99,850
Roosevelt County, NM$75,650$99,850
San Miguel County, NM$75,650$99,850
Santa Fe, NM MSA$79,000$104,300
Sierra County, NM$75,650$99,850
Socorro County, NM$75,650$99,850
Taos County, NM$75,650$99,850
Union County, NM$75,650$99,850
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