New Mexico loan limits 2026 by county
In 2026, every one of the 33 counties in New Mexico has the $832,750 baseline conforming loan limit for a one-unit home. FHA limits run from $541,287 to $692,300: 2 counties are above the $541,287 national floor. VA has no limit for a veteran with full entitlement; with remaining entitlement it uses the county's conforming one-unit limit.
FHA and conforming loan limits for every New Mexico county
| County | Conforming 2026 | FHA 2026 | FHA area |
|---|---|---|---|
| Bernalillo County | $832,750 | $541,287 | Albuquerque, NM |
| Catron County | $832,750 | $541,287 | Non-Metro |
| Chaves County | $832,750 | $541,287 | Roswell, NM |
| Cibola County | $832,750 | $541,287 | Non-Metro |
| Colfax County | $832,750 | $541,287 | Non-Metro |
| Curry County | $832,750 | $541,287 | Clovis, NM |
| De Baca County | $832,750 | $541,287 | Non-Metro |
| Doña Ana County | $832,750 | $541,287 | Las Cruces, NM |
| Eddy County | $832,750 | $541,287 | Carlsbad-Artesia, NM |
| Grant County | $832,750 | $541,287 | Silver City, NM |
| Guadalupe County | $832,750 | $541,287 | Non-Metro |
| Harding County | $832,750 | $541,287 | Non-Metro |
| Hidalgo County | $832,750 | $541,287 | Non-Metro |
| Lea County | $832,750 | $541,287 | Hobbs, NM |
| Lincoln County | $832,750 | $541,287 | Ruidoso, NM |
| Los Alamos County | $832,750 | $692,300 | Los Alamos, NM |
| Luna County | $832,750 | $541,287 | Deming, NM |
| McKinley County | $832,750 | $541,287 | Gallup, NM |
| Mora County | $832,750 | $541,287 | Las Vegas, NM |
| Otero County | $832,750 | $541,287 | Alamogordo, NM |
| Quay County | $832,750 | $541,287 | Non-Metro |
| Rio Arriba County | $832,750 | $541,287 | Espanola, NM |
| Roosevelt County | $832,750 | $541,287 | Clovis, NM |
| San Juan County | $832,750 | $541,287 | Farmington, NM |
| San Miguel County | $832,750 | $541,287 | Las Vegas, NM |
| Sandoval County | $832,750 | $541,287 | Albuquerque, NM |
| Santa Fe County | $832,750 | $569,250 | Santa Fe, NM |
| Sierra County | $832,750 | $541,287 | Non-Metro |
| Socorro County | $832,750 | $541,287 | Non-Metro |
| Taos County | $832,750 | $541,287 | Taos, NM |
| Torrance County | $832,750 | $541,287 | Albuquerque, NM |
| Union County | $832,750 | $541,287 | Non-Metro |
| Valencia County | $832,750 | $541,287 | Albuquerque, NM |
One-unit limits. Each county page has the 2, 3 and 4 unit limits, the VA figure and how the county compares. Conforming limits announced November 25, 2025; FHA limits for 2026.
Highest FHA loan limits in New Mexico
Los Alamos County ($692,300) and Santa Fe County ($569,250). HUD sets a county above the floor where 115 percent of its area's median home price is higher than the floor, up to the $1,249,125 ceiling; every county of one HUD area has the same limit.
FHA, VA and conforming limits in New Mexico
- FHA loan limits 2026HUD's floor and ceiling, how a county's limit is set and the highest-limit counties nationally.
- Conforming loan limits 2026FHFA's baseline, the high-cost ceiling and the special Alaska and Hawaii limits, with the announcement calendar.
- VA loan limitsNo limit with full entitlement since 2020; how the county limit sets the guaranty for remaining entitlement.
- Jumbo loan limit 2026The loan size above which a mortgage is jumbo in each county, and the high-balance band.
- New Mexico fair market rentsHUD Fair Market Rents for every New Mexico county, studios to 4 bedrooms.
- New Mexico property tax ratesEffective property tax rate for every New Mexico county from survey data.
For the title side (owner of record, deeds, mortgages, liens), see the counties HeritageDeed covers; a title report is $49 per report.
Questions about New Mexico loan limits
What are the FHA loan limits in New Mexico for 2026?
$541,287 to $692,300 for a one-unit home, depending on the county. 2 counties are above the national floor of $541,287, led by Los Alamos County ($692,300) and Santa Fe County ($569,250); the rest are at the floor. Two to four unit limits are on each county page. HUD's limits apply to case numbers assigned on or after January 1, 2026.
What is the conforming loan limit in New Mexico for 2026?
$832,750 for a one-unit home in every New Mexico county, effective January 1, 2026 (FHFA).
What is the VA loan limit in New Mexico?
There is none for a veteran with full entitlement: VA removed county loan limits for them on January 1, 2020. A veteran with entitlement in use gets a guaranty based on the county's FHFA one-unit limit, $832,750 in New Mexico for 2026: 25 percent of that limit minus the entitlement already used.
Which New Mexico counties have the highest loan limits?
Conforming: every county is at the baseline. FHA: Los Alamos County at $692,300. Limits follow FHFA's and HUD's metropolitan areas, so every county in one area has the same figure.
Loan limits in nearby states
Legal references
- 12 U.S.C. 1709(b)(2), FHA mortgage limits (115 percent of the area median, floor and ceiling)
Published federal limits. JSON: /api/data/loan-limits/new-mexico. Not lending advice.