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New Mexico Mortgage Loans: Refinance, Home Equity, Purchase a Home

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New Mexico Mortgage - Get mortgage rate quotes from our competitive Lenders

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New Mexico Mortgage, Home Equity Home Equity Loan
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Refinance Refinance Your Current Loan
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Buy a house, no money down Purchase Home Loan
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Automated Underwriting - AUS
An AUS is a computer-driven process for determining if a loan applicant is qualified to borrow. This process can be completed within a few minutes. An AUS can return a conditional approval which informs the lender on how to proceed with the loan application. The decision is based on information provided by the applicant and is subject to later verification. Information retrieved includes information about the borrower's credit history and the subject property.

First Mortgage (Refinance and Purchase) Conforming Loan Limits:
Effective January 1, 2006

Single Family Residence Two Family Residence Three Family Residence Four Family Residence
$417,000 $533,850 $645,300 $801,950
Mortgage Loan Limits are 50% higher in Alaska, Hawaii, Guam, and the U.S. Virgin Islands are 50 percent higher than the mortgage limits for the rest of the country.

Second Mortgage (HELOC, Second Trust Deed):
$208,500
$312,750 in Alaska, Hawaii, Guam, and the U.S. Virgin Islands

FHA mortgage loan limts by County:
County Single Family 2 Units 3 Units 4 Units
BERNALILLO $200,160 $256,248 $256,248 $309,744
CATRON $200,160 $256,248 $256,248 $309,744
CHAVES $200,160 $256,248 $256,248 $309,744
CIBOLA $200,160 $256,248 $256,248 $309,744
COLFAX $200,160 $256,248 $256,248 $309,744
CURRY $200,160 $256,248 $256,248 $309,744
DE BACA $200,160 $256,248 $256,248 $309,744
DONA ANA $200,160 $256,248 $256,248 $309,744
EDDY $200,160 $256,248 $256,248 $309,744
GRANT $200,160 $256,248 $256,248 $309,744
GUADALUPE $200,160 $256,248 $256,248 $309,744
HARDING $200,160 $256,248 $256,248 $309,744
HIDALGO $200,160 $256,248 $256,248 $309,744
LEA $200,160 $256,248 $256,248 $309,744
LINCOLN $200,160 $256,248 $256,248 $309,744
LOS ALAMOS $242,250 $272,850 $272,850 $331,500
LUNA $200,160 $256,248 $256,248 $309,744
MCKINLEY $200,160 $256,248 $256,248 $309,744
MORA $200,160 $256,248 $256,248 $309,744
OTERO $200,160 $256,248 $256,248 $309,744
QUAY $200,160 $256,248 $256,248 $309,744
RIO ARRIBA $200,160 $256,248 $256,248 $309,744
ROOSEVELT $200,160 $256,248 $256,248 $309,744
SAN JUAN $200,160 $256,248 $256,248 $309,744
SAN MIGUEL $200,160 $256,248 $256,248 $309,744
SANDOVAL $200,160 $256,248 $256,248 $309,744
SANTA FE $290,319 $341,598 $341,598 $415,025
SIERRA $200,160 $256,248 $256,248 $309,744
SOCORRO $200,160 $256,248 $256,248 $309,744
TAOS $200,160 $256,248 $256,248 $309,744
TORRANCE $200,160 $256,248 $256,248 $309,744
UNION $200,160 $256,248 $256,248 $309,744
VALENCIA $200,160 $256,248 $256,248 $309,744