Explore the differences! FHA VS Conventional loan programs in Socorro, Socorro County, New Mexico

In 2025, Convetional loan limit in Socorro, county of Socorro, 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.

Compare loan offers from 100 lenders

2025 loan limits and downpayment requirments in Socorro, county of Socorro, 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: 87801

Conventional and FHA loan options in Socorro, 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.

Lendersa USDA loan request and matching results


  • Rockway Mortgage Company, Inc.
  • 20525 Center Ridge Rd, Suite 138, Rocky River, OH, 44116
  • Rockway Mortgage Company, Inc mission is to serve our customers with honesty, integrity and competence while keeping our customers best interest at heart. Our goal is to provide home loans to our clients while providing them with the lowest interest rates and closing costs possible.
  • Capital South Funding LLC
  • 4609 Charlotte Highway, Suite 4, Lake Wylie, SC, 29710
  • Capital South Funding is a full service mortgage company focused on providing wholesale interest rates and superior customer service. Capital South Funding offers home financing throughout North Carolina and South Carolina. As a family owned company with little overhead, they can pass along the savings to you.
  • HPC Credit Union
  • 1234 W Chisholm Street, Alpena, MI, 49707
  • At H.P.C. Credit Union, we have proudly been serving our members since 1950! Now serving over 8, 000 people in our community. We have three full-service locations, two in Alpena, MI and one in West Branch, MI. and also H.P.C. Credit Union’s mission is to serve and promote members’ personal financial success and to continue the Credit Union phi
  • Northland Area Federal Credit Union
  • 1161 N. Bagley St., Alpena, MI, 49707
  • In 1957, a small group of people gathered in an office on Wurtsmith Air Force Base to discuss the possibility of starting a credit union. Northland Area FCU offers its members the ability to have up to 100 different accounts.The accounts can be used for a college fund, Christmas savings, checking, vacation, home purchases, retirement, etc.
  • Alpena Community Credit Union
  • 710 W. Miller St., Alpena, MI, 49707
  • Alpena Community Credit Union has been open since 1952. The credit union has assets totaling $24.51 Million and provides banking services to more than 3, 000 members. When you’re a member of Alpena Community Credit Union, you’re not just a customer but part-owner of your credit union.
  • Alpena Alcona Area Credit Union
  • 1100 S Bagley Street, Alpena, MI, 49707
  • Alpena Alcona Area Credit Union as a financial institution, as a leader in our community and as an employer. As an employer, AAACU values its staff and provides competitive wages and benefits to both full and part-time employees. As a leader in the community, we focus on reinvestment, charitable contributions and “people helping people.”
  • Drummond Community Bank
  • 16449 SW Archer Road, Archer, FL, 32618
  • Drummond Community Bank is federally insured by FDIC and is an Equal Housing Lender. Our goal is to promote community pride, provide resources for our friends and neighbors, and host an open and welcoming environment. We care about and want to hear from you! Here are a few things to keep in mind.
  • Brewster Federal Credit Union
  • 105 S Wabash Avenue, Brewster, OH, 44613
  • Brewster Federal Credit Union has been open since 1956. The credit union has assets totaling $31.89 Million and provides banking services to more than 3, 000 members. The credit union is a community-based financial institution. People living, working, or worshipping in the credit union's geographic area can become a member