New Mexico Conventional Loan Limits by County

Conventional FP

Conventional loans use Fannie Mae or Freddie Mac underwriting guidelines. Unlike FHA loan limits, which can vary widely by County based on the area median income, Conventional minimum loan limits are set nationwide by Fannie Mae.

Conventional loan limits can be exceeded if you are buying a multi family home, or if you are buying in a high cost County. Conventional loans allow as little as a 3% to 5% down payment.

County1 UnitDuplexTriplexFourplex
BERNALILLO$424,100$543,000$656,350$815,650
CATRON$424,100$543,000$656,350$815,650
CHAVES$424,100$543,000$656,350$815,650
CIBOLA$424,100$543,000$656,350$815,650
COLFAX$424,100$543,000$656,350$815,650
CURRY$424,100$543,000$656,350$815,650
DE BACA$424,100$543,000$656,350$815,650
DONA ANA$424,100$543,000$656,350$815,650
EDDY$424,100$543,000$656,350$815,650
GRANT$424,100$543,000$656,350$815,650
GUADALUPE$424,100$543,000$656,350$815,650
HARDING$424,100$543,000$656,350$815,650
HIDALGO$424,100$543,000$656,350$815,650
LEA$424,100$543,000$656,350$815,650
LINCOLN$424,100$543,000$656,350$815,650
LOS ALAMOS$424,100$543,000$656,350$815,650
LUNA$424,100$543,000$656,350$815,650
MCKINLEY$424,100$543,000$656,350$815,650
MORA$424,100$543,000$656,350$815,650
OTERO$424,100$543,000$656,350$815,650
QUAY$424,100$543,000$656,350$815,650
RIO ARRIBA$424,100$543,000$656,350$815,650
ROOSEVELT$424,100$543,000$656,350$815,650
SANDOVAL$424,100$543,000$656,350$815,650
SAN JUAN$424,100$543,000$656,350$815,650
SAN MIGUEL$424,100$543,000$656,350$815,650
SANTA FE$424,100$543,000$656,350$815,650
SIERRA$424,100$543,000$656,350$815,650
SOCORRO$424,100$543,000$656,350$815,650
TAOS$424,100$543,000$656,350$815,650
TORRANCE$424,100$543,000$656,350$815,650
UNION$424,100$543,000$656,350$815,650
VALENCIA$424,100$543,000$656,350$815,650
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