Looking to buy in Union County, New Mexico?
There are 16 USDA backed residential loans in Union county with an average loan balance of $75,617. Over 93% of the loans helped first time home buyers. Borrowers were an average age of 39 years old. The typical appraised home value was around $79,753. On average the rural home size purchased with this loan was approximately 1,563 SqFt. Union 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 Union County is roughly 9,924 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Union County is 9. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Union County, NM
* cities most likely to have USDA loan eligible properties for sale.
Amistad • Atencio • Beenham • *Capulin • Centerville • *Clayton • *Des Moines • *Folsom • Gladstone • Grande • *Grenville • Guy • Hayden• • •
What is a USDA Loan? |
The USDA 502 Guaranteed Loan Program is designed to help low-to-moderate-income homebuyers in eligible rural areas secure affordable housing with no down payment required. Backed by the U.S. Department of Agriculture, this loan offers competitive interest rates, flexible credit requirements, and lower mortgage insurance costs compared to conventional loans. Borrowers work with approved lenders, and the USDA provides a guarantee, reducing the lender’s risk and making homeownership more accessible. |
Take the First Step Toward $0 Down Financing |
• Miera • Moses • Mount Dora • Old Moses • Pennington • Royce • Sedan • Seneca • Sofia • Thomas
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 Union County.
Union County is located in the northeastern part of the great state of New Mexico. Established on February 23, 1893, the county was carved out from portions of four other New Mexican counties: Colfax, Mora, San Miguel, and Taos County. It bears its name in honor of the union of the United States, emphasizing unity and pride for the nation.
The county seat, Clayton, was founded in the early 1880s in anticipation of a railroad connection to the area, which eventually happened in 1888. The town was named after Clayton, Missouri, in honor of a town official's wife's birthplace. Union County played a significant role as a transportation hub due to its location along the Cimarron Cutoff of the Santa Fe Trail.
In the early 20th century, Union County's economy depended primarily on agriculture, ranching, and the railroad industry. The region has a reputation for its vast and scenic ranchlands, with cattle ranching as a major contributor to its agricultural industry.
Fun Fact: Capulin Volcano National Monument, located in Union County, is home to one of the most well-preserved cinder cone volcanoes in North America. This extinct volcano stands about 8,182 feet above sea level and offers panoramic views of the surrounding landscape from its rim. Visitors can enjoy hiking trails, bird watching, and learning about the region's geological history at the park.