USDA Vs. FHA Pro and Con comparison in Carlsbad, Eddy County, NM

In 2025, USDA loan limit in Carlsbad, county of Eddy, NM is $336,500 while FHA limit is $472,030 for a single-family home.

Use Lendersa® USDA loan calculator to compare today's USDA VS FHA best rates and determine the Income, credit, reserves, and documents needed to qualify. With our advanced mortgage calculator, you see the USDA, FHA, Conforming, and VA side by side to help you decide which program in is best for your particular financial situation.

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2025 loan limits and downpayment requirments in Carlsbad, county of Eddy, NM

Loan Type Loan Limit Down payment
USDA $336,500 0%
FHA $472,030 3.5%
Conventional Conforming $726,200 3%

USDA and FHA loan options in Carlsbad, NM

Lendersa®' goal is to get you the best possible USDA loan or FHA loan fast and without hassle. Select one of three starting points that result in matching lenders and the USDA loan programs.

Lendersa USDA loan request and matching results

What is USDA Loan in New Mexico?

USDA home loan is a loan guaranteed by the government Department of Agriculture AKA USDA rural development loan or USDA mortgage and is available in rural neighborhoods only. Unlike FHA loans that require a minimum of 3.5% down payment, the USDA mortgage loan does not require any down payment.

Enter your location to find out if it qualifies for USDA rural housing loan?



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  • Midwest Minnesota Community Development Corporation
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  • MMCDC is a leading private nonprofit company providing commercial and home mortgage lending, as well as housing, business and community development services throughout Minnesota and the Midwest. We are also the parent company of a reservation-based bank and a reservation-focused community development company.
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  • 10417 Dawson St, Huntley, IL, 60142
  • I’m Al Martinez. I’d like to help you qualify for an affordable mortgage to purchase or refinance your home. My career in mortgage lending began in 2002 (I swear, the housing crash is not my fault). Since the sub-prime mortgage meltdown began in 2007, 70% of the people in our industry left the business.
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  • Rasmussen Mortgage is a local mortgage brokerage. I have over 16 years experience in the mortgage industry. If you have not looked into what pricing a broker offers you are spending too much with the banks and credit unions. I focus on finding you the best mortgage for your wants and needs while maintaining personalized customer service.
  • Blissful Mortgage
  • Beach Office 8730 Thomas Dr, 1110 A, Panama City, FL, 32408
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