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There are 2,911 USDA backed residential loans in New Mexico with an average loan balance of $118,893. Over 78% of the loans went to help first time home buyers. Borrowers were an average age of 39 years old. The typical appraised home value was around $126,707. On average the rural home size purchased with this loan was approximately 1,556 SqFt. Select from the list of counties below or use the search feature to find houses in a city where you would like to live.
Search 33 Counties of New Mexico
Bernalillo • Catron • Chaves • Cibola • Colfax • Curry • De Baca • Dona Ana • Eddy • Grant • Guadalupe • Harding • Hidalgo • Lea • Lincoln • Los Alamos • Luna • McKinley • Mora • Otero • Quay • Rio Arriba • Roosevelt • San Juan • San Miguel • Sandoval • Santa Fe • Sierra • Socorro • Taos • Torrance • Union • Valencia
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 throughout the state of New Mexico.
New Mexico State Motto: Crescit eundo
It grows as it goes
USDA Rural Development State OfficeFeatured Properties from USDA Loan Eligible Regions of New Mexico
100 Sun Avenue NE, Suite 130
Albuquerque, NM 87109