USDA Vs. FHA your options comparison in Alamogordo, Otero County, NM
In 2025, the USDA loan maximum in Alamogordo, within the county of Otero, NM, is set at $336,500. Meanwhile, the FHA limit for a single-family residence stands at $472,030.
Leverage the Lendersa® USDA loan calculator to weigh today's USDA against FHA optimal rates. It helps in assessing income, credit, reserves, and the paperwork required for qualification. Our comprehensive mortgage calculator allows you to examine the USDA, FHA, Conforming, and VA options side by side, assisting you in determining which scheme in aligns best with your financial standing.
2025 Loan Ceilings and Down Payment Specifications in Alamogordo, Otero County, NM
Loan Type
Loan Limit
Down payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Exploring USDA and FHA Loan Choices in Alamogordo, NM
The objective of Lendersa® is to swiftly and effortlessly secure you the most suitable USDA or FHA loan. Begin with any of the three approaches designed to connect you with matching lenders and USDA loan options.
A USDA loan, endorsed by the government's Department of Agriculture, also known as the USDA rural development loan or USDA mortgage, is accessible exclusively in rural locales. Unlike FHA loans, which mandate at least a 3.5% down payment, the USDA mortgage requires no down payment, making it a compelling option.
McAdams Financial offers a wide variety of home loan products. Featured programs include fixed rate and adjustable rate mortgages, interest-only loans, jumbo loans and FHA mortgages. We also offer a No Lender Fees option which can reduce your closing costs. We look forward to working with our partners, clients.
Santa Barbara Commercial Mortgage, Inc formerly known as Mortgage Company of Santa Barbara, has been originating commercial real estate loans in California for over 25 years and is an efficient and valuable resource .With a small and agile loan committee, SBCM is able to process requests quickly and can often fund loans faster than most lenders.
Mid-Missouri Bank is building the community bank of the future in the Ozarks today. It starts with having the best solutions for both personal & business banking. It continues with having the best people, the best facilities & the best customer experiences. Although we were chartered in 1872, we still consider ourselves to be just getting started.
WPL Mortgage Solutions is more than a mortgage broker, we’re your financial partner. We seek out long-term relationships with our vendors, suppliers, employees and most of all, with our clients. As a mortgage broker, we take time to get to know customers and find real solutions so they can live out their dreams.
LimeBank (formerly Farmers State Bank) is an FDIC-insured & Equal Housing Lender certified bank serving the community of Bolivar, MO & the surrounding area. With four convenient branch locations in Bolivar, Galmey, and Pittsburg, plus four free regional ATMs, LimeBank proudly serves clients from southwest Missouri & the greater Springfield region.
Encore Bank is a private, boutique bank with a commercial focus that couples highly experienced and talented bankers with innovative technology to offer unprecedented levels of personal service and experiences to its clients through a hospitality-inspired concierge approach. Encore provides a full suite of financial products
17901 Chenal Pkwy, Suite 100, Little Rock, AR, 72223
Bank OZK, we strive to build on our community Bank heritage by combining high ethical standards with innovative technologies to deliver truly exceptional service to our clients and communities. We are committed to implementing new ideas and cultivating relationships that encourage our communities, large and small, to grow and thrive.
In the late 1880's and early 1900's several associations were organized to make loans on homes and business property and to accept people's savings. Some of the names of these associations were Home Building and Loan Association, Johnson County Building and Loan Association and Buffalo Building and Loan Association.
First Northern Bank of Wyoming was founded in 1885 on the bedrock principle that our success would be solely dependent on that of our community and customers. From our origins in a humble, wood frame building with a starting capital of $50, 000, to our continuous growth throughout the last century.
