| FHA Loan Programs |
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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
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
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$347,500
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$281,250
$271,050
$271,050
$427,500
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$347,500
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
$281,250
$271,050
$271,050
$427,500
$271,050
$271,050
$271,050
$271,050
$271,050
$271,050
New Mexico FHASecure
&FHA loan limits by County
&FHA loan limits by County
Owning a home has always been at the center of the American
Dream. For many homeowners, however, that dream is
threatened by foreclosure. An estimated 240,000 families can
avoid foreclosure by refinancing their mortgages using the new
FHASecure plan. FHA will allow families with strong credit
histories who had been making timely mortgage payments
before their loans reset-but are now in default-to qualify for
refinancing.
Dream. For many homeowners, however, that dream is
threatened by foreclosure. An estimated 240,000 families can
avoid foreclosure by refinancing their mortgages using the new
FHASecure plan. FHA will allow families with strong credit
histories who had been making timely mortgage payments
before their loans reset-but are now in default-to qualify for
refinancing.
Why Ask For An FHA Loan?
There are lots of reasons to ask your lender for an
FHA loan instead of taking a conventional or an
expensive and risky sub-prime mortgage loan. Why
not take advantage of the many benefits and
protections that only come with FHA:
Easier to Qualify - Because FHA insures your
mortgage, lenders are more willing to give loans
with lower qualifying requirements so its easier for
you to qualify.
Less than Perfect Credit - Even if you have had
credit problems, such as bankruptcy, its easier for
you to qualify for an FHA loan than a conventional
loan.
Low Downpayment - We have a low 3%
downpayment, and that money can come from a
family member, employer or charitable organization.
Other loans don't allow this.
Costs Less - Many times, FHA loans have
competitive interest rates because the loans are
insured by the Federal Government. Always compare
an FHA loan with other loan types.
Help You Keep Your Home - The FHA has been
around since 1934 and will continue to be here to
protect you when the others walk away. Should you
encounter hard-times after buying your home, FHA
has many options to help keep you in your home
and avoid foreclosure.
There is more to buying your home then the monthly
house payment. Why not ask for an FHA loan that
will help you buy your house and keep it too? Tell
your lender you want an FHA loan for all the reasons
above- FHA is a wise choice.
WHAT IS FHASecure
FHASecure is a refinancing option that gives
homeowners with non-FHA adjustable rate
mortgages (ARMs), current or delinquent and
regardless of reset status, the ability to refinance
into a FHA-insured mortgage. With FHASecure, the
lender will not automatically disqualify you because
you are delinquent on your loan, and the lender may
offer you a second mortgage to make up the
difference between the value of your property and
what you owe.
By refinancing into a FHA-insured mortgage, you can
expect to pay lower monthly mortgage payments.
FHASecure can improve the quality of life for many
communities by helping to reduce the number of
mortgage defaults and bringing greater stability to
local housing markets.
There are lots of reasons to ask your lender for an
FHA loan instead of taking a conventional or an
expensive and risky sub-prime mortgage loan. Why
not take advantage of the many benefits and
protections that only come with FHA:
Easier to Qualify - Because FHA insures your
mortgage, lenders are more willing to give loans
with lower qualifying requirements so its easier for
you to qualify.
Less than Perfect Credit - Even if you have had
credit problems, such as bankruptcy, its easier for
you to qualify for an FHA loan than a conventional
loan.
Low Downpayment - We have a low 3%
downpayment, and that money can come from a
family member, employer or charitable organization.
Other loans don't allow this.
Costs Less - Many times, FHA loans have
competitive interest rates because the loans are
insured by the Federal Government. Always compare
an FHA loan with other loan types.
Help You Keep Your Home - The FHA has been
around since 1934 and will continue to be here to
protect you when the others walk away. Should you
encounter hard-times after buying your home, FHA
has many options to help keep you in your home
and avoid foreclosure.
There is more to buying your home then the monthly
house payment. Why not ask for an FHA loan that
will help you buy your house and keep it too? Tell
your lender you want an FHA loan for all the reasons
above- FHA is a wise choice.
WHAT IS FHASecure
FHASecure is a refinancing option that gives
homeowners with non-FHA adjustable rate
mortgages (ARMs), current or delinquent and
regardless of reset status, the ability to refinance
into a FHA-insured mortgage. With FHASecure, the
lender will not automatically disqualify you because
you are delinquent on your loan, and the lender may
offer you a second mortgage to make up the
difference between the value of your property and
what you owe.
By refinancing into a FHA-insured mortgage, you can
expect to pay lower monthly mortgage payments.
FHASecure can improve the quality of life for many
communities by helping to reduce the number of
mortgage defaults and bringing greater stability to
local housing markets.