FHA VS Conventional loan programs in Hobbs, Lea County, New Mexico
In 2025, Convetional loan limit in Hobbs, county of Lea, NM is $726,200 while FHA limit is $472,030 for a single-family home.
Use Lendersa® Conventional loan calculator to compare today's Conventional Vs. FHA Vs. USDA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the Conforming Conventional loans, USDA, FHA, VA side by side to help you decide which program in NM is best for your particular financial situation.
2025 loan limits and downpayment requirments in Hobbs, county of Lea, NM
Loan Type
Loan Limit
Down payment
Conventional Conforming
$726,200
3%
USDA
$336,500
0%
FHA
$472,030
3.5%
The comparison table applies to zip codes: 88240
Conventional and FHA loan options in Hobbs, NM
Lendersa® goal is to get you the best possible Conventional, USDA or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and loan programs.
evergreenDIRECT Credit Union is owned by each and every member that we serve. It's no surprise our sole focus is to provide quality, flexible services to our members at a reasonable price. Something we call "Banking. At your speed.Banks, on the other hand, are different. They have shareholders and investors to whom they have to pay large profits.
St Julien Home Loans is a family-owned mortgage solutions company with over 42 years of experience. Located in Tumwater, Washington we service loans all across the state and partner with several banks and credit unions. Founded in 2005 by Bonnie and Wendy St. Julien, a mother and daughter team.
NTFN is a full service mortgage banker established in 1992 originally as Park Cities Mortgage. It was started by two men that felt they could create a better experience for their borrowers. They founded the company on the premise of excellent service, increased control and a faster more flexible process
As a member-owned, not-for-profit financial cooperative, BECU is guided by the credit union philosophy of “people helping people.” In fact, putting people over profit guides our everyday business decisions. Unlike many financial institutions, we aren’t owned privately. As a cooperative, we are owned by our members.
O Bee Business team offers creative, common-sense financing designed to fit your specific business needs. Each business we work with comes to us with dreams, goals and a lot of grit. We focus on logical steps to make it happen. We’ve been helping small, medium and large sized businesses grow and profit for more than 15 years.
630 Chestnut Road, Suite 8, Myrtle Beach, SC, 29572
Our mission is to serve our customers with honesty, integrity and competence. Our goal is to provide home loans to our clients while providing them with the lowest interest rates & closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
Vienna Capital Advisors is a private lender/broker that also works directly with other lenders to offer real estate collateralized loans that, for whatever reason, do not meet conventional banks’ lending criteria. Property types include but not limited to: Residential, Hotel, Assisted Living, and Multi-Family
Heritage Bank was founded in 1927 with the belief that when banks and neighbors work together, great communities grow stronger.
Heritage has remained true to this vision—and close to our roots—offering financial solutions that put our customers and local businesses first. Perhaps that's why our company has grown from a single location
Procura Mortgage Company strives to exceed the expectations of borrowers by always following our core values of service and convenience. We are committed to helping you achieve the goal of homeownership by providing clear and concise communication.values of service and convenience.
