New Mexico 2025 FHA Loan Limits
Loan Limits in New Mexico
New Mexico has 33 counties with FHA Limits ranging from a low of $524,225 for a 1-bedroom unit in Bernalillo County to a high of $1,331,350 for a 4-bedroom unit in Los Alamos County.
For more details about the loan limits (including FHA Limits, HECM Limits, and Fannie Mae & Freddie Mac loan limits) in any of New Mexico's counties, choose the county from the interactive map or the list below.
Highest Loan Limit ($1,331,350)
† Lowest limit for homes with four living-units. There are lower limits for homes with fewer living-units.
Loan Limits by County in New Mexico (33 counties)
How to qualify for an FHA Loan in New Mexico?
To qualify for an FHA loan in New Mexico, your home loan must be below the local FHA loan limits in your area. For 2025, the maximum loan limit in New Mexico is $524,225 for a single-family home and $1,331,350 for a four-plex. Limits varies by county. The minimum loan limit is $5,000.
Loan limits vary by county and home size. In addition to loan limits, to qualify for an FHA loan you must live in the home as your primary residence. If you're purchasing a multi-family home, the monthly Fair Market Rent (FMR) for the property must exceed 1% of the purchase price. FHA loans cannot be used for commercial real estate investment purposes or "flipping" homes in New Mexico. Additional restricts apply. Click on the New Mexico map above or the table below to see loan limits in your area.