Zero-down USDA Guaranteed Loans are the most popular rural development mortgage program in New Mexico. These loans are available for anyone with low to moderate income to purchase a home in approved rural areas with no down payment.  Other USDA loan limits and resources can be viewed here:

USDA Loan Limits
USDA Loan Income Limits
USDA Loan Requirements
USDA Loan Programs

USDA doesn’t set specific maximum loan limits for guaranteed mortgages. Instead, local limits are determined by a combination of the area USDA maximum income limit and the borrowers debt-to-income ratio. This approach means that guaranteed maximum USDA loan limits are fluid and based upon numerous factors, unlike low-income USDA Direct Loans, which have set maximum limits. The figures listed below are based on approximate calculations. Actual guaranteed maximum loan limits may vary.

New Mexico Guaranteed USDA Loan Limits

Area
1-4 Person Households
5-8 Person Households
Albuquerque, NM MSA$272,000$340,000
Catron County, NM$272,000$340,000
Chaves County, NM$272,000$340,000
Cibola County, NM$272,000$340,000
Colfax County, NM$272,000$340,000
Curry County, NM$272,000$340,000
De Baca County, NM$272,000$340,000
Eddy County, NM$272,000$340,000
Farmington, NM MSA$272,000$340,000
Grant County, NM$272,000$340,000
Guadalupe County, NM$272,000$340,000
Harding County, NM$272,000$340,000
Hidalgo County, NM$272,000$340,000
Las Cruces, NM MSA$272,000$340,000
Lea County, NM$272,000$340,000
Lincoln County, NM$272,000$340,000
Los Alamos County, NM$323,000$417,000
Luna County, NM$272,000$340,000
McKinley County, NM$272,000$340,000
Mora County, NM$272,000$340,000
Otero County, NM$272,000$340,000
Quay County, NM$272,000$340,000
Rio Arriba County, NM$272,000$340,000
Roosevelt County, NM$272,000$340,000
San Miguel County, NM$272,000$340,000
Santa Fe, NM MSA$272,000$357,000
Sierra County, NM$272,000$340,000
Socorro County, NM$272,000$340,000
Taos County, NM$272,000$340,000
Union County, NM$272,000$340,000
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