New Mexico 2022 FHA Loan Limits

Last Updated: Sun, January 2, 2022

Loan Limits in New Mexico

New Mexico has 33 counties with FHA Limits ranging from a low of $420,680 for a 1-bedroom unit in Bernalillo County to a high of $1,019,550 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.



Lowest Loan Limit ($809,150)
Highest Loan Limit ($1,019,550)

† 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)

County Single Unit Limit (lowest) Four-Plex Limit (highest)
Bernalillo County $420,680 $809,150 view details »
Catron County $420,680 $809,150 view details »
Chaves County $420,680 $809,150 view details »
Cibola County $420,680 $809,150 view details »
Colfax County $420,680 $809,150 view details »
Curry County $420,680 $809,150 view details »
De Baca County $420,680 $809,150 view details »
Dona Ana County $420,680 $809,150 view details »
Eddy County $420,680 $809,150 view details »
Grant County $420,680 $809,150 view details »
Guadalupe County $420,680 $809,150 view details »
Harding County $420,680 $809,150 view details »
Hidalgo County $420,680 $809,150 view details »
Lea County $420,680 $809,150 view details »
Lincoln County $420,680 $809,150 view details »
Los Alamos County $530,150 $1,019,550 view details »
Luna County $420,680 $809,150 view details »
Mckinley County $420,680 $809,150 view details »
Mora County $420,680 $809,150 view details »
Otero County $420,680 $809,150 view details »
Quay County $420,680 $809,150 view details »
Rio Arriba County $420,680 $809,150 view details »
Roosevelt County $420,680 $809,150 view details »
Sandoval County $420,680 $809,150 view details »
San Juan County $420,680 $809,150 view details »
San Miguel County $420,680 $809,150 view details »
Santa Fe County $468,050 $900,100 view details »
Sierra County $420,680 $809,150 view details »
Socorro County $420,680 $809,150 view details »
Taos County $423,200 $813,850 view details »
Torrance County $420,680 $809,150 view details »
Union County $420,680 $809,150 view details »
Valencia County $420,680 $809,150 view details »

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 2022, the maximum loan limit in New Mexico is $420,680 for a single-family home and $1,019,550 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.


** Document Provided By FHALoans.guide **
Source: https://fhaloans.guide/loan-limits/new-mexico