Find USDA Eligible Properties in Otero County

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Omar Montero   from   New Mexico Mortgage Company

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Looking to buy in Otero County, New Mexico?

There are 4 USDA backed residential loans in Otero county with an average loan balance of $130,846. Over 75% of the loans helped first time home buyers. Borrowers were an average age of 39 years old. The typical appraised home value was around $133,125. On average the rural home size purchased with this loan was approximately 1,954 SqFt. Otero county applies the standard USDA income limits to determine loan eligibility. For a household of upto 4 people the income limit is $90,300. For a household of between 5 and 8 people the income limit is increased to $119,200.

The size of Otero County is roughly 17,161 square kilometers. USDA defined regions of rural loan ineligibility in Otero cover 434 square kilometers of the county. Approximately 2.5% of Otero County is ineligible for traditional USDA home loans. The influence score for Otero County is 5. Look below for the interactive county level map illustration below for more details.

Select from the list of cities below or use the search feature to find active property listings in a city where you would like to live.

Start your search for USDA loan eligible properties in the cities of Otero County, NM   Otero QR code
* cities most likely to have USDA loan eligible properties for sale.

Alamogordo   •   Alvarado   •   Apache   •   Avis   •   *Bent   •   Blazers Mill   •   Boles Acres   •   Carrizo   •   Chippeway Park   •   *Cloudcroft   •   Elwood   •   *High Rolls   •   Holloman AFB   •   Kearney   •   La Luz   •   Marcia   •   *Mayhill   •   *Mescalero   •   Mountain Park   •   Newman   •   Omlee   •   *Orogrande   •   Pinon   •   Point of Sands   •   *Sacramento   •   Salinas   •   Three Rivers   •   *Timberon   •   *Tularosa   •   Turquoise   •   *Twin Forks   •   Valmont   •   *Weed   •   Whitetail   •   Wimsatt

A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Otero County.

Interested in the geographic boundaries that define USDA Loan eligibility?
View the detailed USDA boundaries and read about general conditions of
Otero County, New Mexico
USDA Boundary Details

Otero County, located in the great state of New Mexico, was established on January 30, 1899. Named in honor of prominent politician Miguel Antonio Otero, who was the territorial representative to Congress at the time, the county has a rich historical background.

One significant event in Otero County's history occurred in 1945, when the world's first atomic bomb, called the "Trinity," was detonated at the White Sands Proving Ground, which is part of the county. This marked a key turning point in World War II and signified the dawn of the nuclear age.

The county seat, Alamogordo, was founded in 1898 as a railroad town. It has since grown into a thriving community with a strong military presence, given its proximity to the Holloman Air Force Base and the White Sands Missile Range.

In addition to its military and historical significance, Otero County offers numerous opportunities for outdoor enthusiasts. The county boasts the Lincoln National Forest and the White Sands National Park, which features the world's largest gypsum sand dune field. The dunes, covering 275 square miles, are a stunning natural wonder and a popular destination for tourists.

Fun Fact: A lesser-known but interesting aspect of Otero County's history is the discovery of a Pleistocene epoch (ice age) fossil trackway. Found in 1987, the tracks revealed multiple species of animals and plants that once lived in the region more than 10,000 years ago, providing valuable insights into the prehistoric ecosystem.

Featured Cities of New Mexico
Mountain_Park Cloudcroft
Featured Properties from USDA Loan Eligible Regions of Otero County