Last Updated: Sun, January 5, 2025
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.
Lowest Loan Limit ($1,008,300) †
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)
| County |
Single Unit Limit (lowest) |
Four-Plex Limit (highest) |
|
| Bernalillo County |
$524,225 |
$1,008,300 |
view details » |
| Catron County |
$524,225 |
$1,008,300 |
view details » |
| Chaves County |
$524,225 |
$1,008,300 |
view details » |
| Cibola County |
$524,225 |
$1,008,300 |
view details » |
| Colfax County |
$524,225 |
$1,008,300 |
view details » |
| Curry County |
$524,225 |
$1,008,300 |
view details » |
| De Baca County |
$524,225 |
$1,008,300 |
view details » |
| Dona Ana County |
$524,225 |
$1,008,300 |
view details » |
| Eddy County |
$524,225 |
$1,008,300 |
view details » |
| Grant County |
$524,225 |
$1,008,300 |
view details » |
| Guadalupe County |
$524,225 |
$1,008,300 |
view details » |
| Harding County |
$524,225 |
$1,008,300 |
view details » |
| Hidalgo County |
$524,225 |
$1,008,300 |
view details » |
| Lea County |
$524,225 |
$1,008,300 |
view details » |
| Lincoln County |
$524,225 |
$1,008,300 |
view details » |
| Los Alamos County |
$692,300 |
$1,331,350 |
view details » |
| Luna County |
$524,225 |
$1,008,300 |
view details » |
| Mckinley County |
$524,225 |
$1,008,300 |
view details » |
| Mora County |
$524,225 |
$1,008,300 |
view details » |
| Otero County |
$524,225 |
$1,008,300 |
view details » |
| Quay County |
$524,225 |
$1,008,300 |
view details » |
| Rio Arriba County |
$524,225 |
$1,008,300 |
view details » |
| Roosevelt County |
$524,225 |
$1,008,300 |
view details » |
| Sandoval County |
$524,225 |
$1,008,300 |
view details » |
| San Juan County |
$524,225 |
$1,008,300 |
view details » |
| San Miguel County |
$524,225 |
$1,008,300 |
view details » |
| Santa Fe County |
$541,650 |
$1,041,650 |
view details » |
| Sierra County |
$524,225 |
$1,008,300 |
view details » |
| Socorro County |
$524,225 |
$1,008,300 |
view details » |
| Taos County |
$524,225 |
$1,008,300 |
view details » |
| Torrance County |
$524,225 |
$1,008,300 |
view details » |
| Union County |
$524,225 |
$1,008,300 |
view details » |
| Valencia County |
$524,225 |
$1,008,300 |
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 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.
New Mexico 2025 FHA Loan Limits