During 2026, the USDA loan limit in Artesia, located in Eddy County, NM, is $336,500, whereas the limit for FHA is $472,030 applicable for a single-family dwelling.
To compare today's top USDA against FHA rates, make use of Lendersa®'s comprehensive USDA loan calculator. This tool assists in discerning the income, credit score, reserves, and documents needed for qualification. Our advanced mortgage calculator offers side-by-side comparisons of USDA, FHA, Conforming, and VA loan options to help determine the best program for your financial scenario in .
2026 Loan Limits and Down Payment Specifications in Artesia, Eddy 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 Programs in Artesia, NM
The mission at Lendersa® is to deliver the most favorable USDA or FHA loan swiftly and effortlessly. Choose one of three initial steps leading to suitable lenders and access to USDA loan offerings.
A USDA home loan, guaranteed by the U.S. Department of Agriculture, commonly referred to as a USDA Rural Development Loan or USDA mortgage, is accessible solely in rural locales. Different from FHA loans, which necessitate at least a 3.5% down payment, USDA loans do not require any down payment at all.
Western Bank of Artesia, New Mexico was chartered and opened for business as Peoples State bank on August 2, 1948 on the Calvin Dunn property located at 4th and Quay in Artesia, New Mexico, the same location that the bank occupied from 1948 to 2000. The bank was first housed in temporary quarters in a small sheet iron building.
Artesia Credit Union is a member-owned, cooperative, non profit financial services institution founded and operated to encourage thrift among its members, create a source of credit at a fair and reasonable rate of interest, and provide an opportunity for its members to improve their economic condition in a friendly manner.
First American Bank serves New Mexico with sixteen full service locations in fourteen communities and mortgage offices in Ruidoso, NM, and Rio Rico, AZ. Over the past century, First American Bank has remained true to its mission by providing a full spectrum of financial services; building lasting customer relationships
U-1st Community Federal Credit Union can help with your individual loan and checking account needs. We offer a wide variety of products and services, including consumer loans, money market accounts, checking accounts and more. We were established on October 3, 1955, and with over 65 years of experience.
The credit union is a cooperative organization operated by volunteer members formed into governing bodies. A board of seven directors governs the overall operations of the credit union. A supervisory committee examines the credit union operations and oversees the board of directors.
Eddy Federal Credit Union is committed to making available products and services that will enable you to meet your financial needs and reach your financial goals. Protecting personal information and using it in a manner consistent with your expectations is a high priority for everyone associated with the credit union.
Western Commerce Bank opened its doors June 3, 1961 in the small town of Loving, New Mexico. Since that time, the bank has grown and expanded to include eleven full-service locations throughout New Mexico in Carlsbad, Loving, Hobbs, Lovington, Tatum, and Albuquerque. Our slogan is “Pulling Together For You”, and we take that seriously.
Valley Bank’s primary mission has been to serve the banking needs of Roswell as well as Chaves County, and this continues to be the primary driving force behind the bank today. Valley Bank is an independent bank and fully intends to remain independent. The bank has built a reputation of conservative soundness that has served it well
Bank of the Southwest evolved from the idea that community banks continue to thrive as a vital link in the economic well-being and prosperity of thousands of small and medium-sized towns, rural areas, and urban neighborhoods throughout America. Bank of the Southwest's goal is to secure a niche in the financial services market.
