USDA Vs. FHA your options comparison in Clovis, Curry County, NM
As of 2026, in the city of Clovis, located in the county of Curry, NM, the USDA loan limit stands at $336,500, whereas for an FHA loan for a single-family residence, the limit is set at $472,030.
Employ the Lendersa® USDA loan calculator to compare the best rates available today for both USDA and FHA loans. Determine the required income, credit, and documentation needed for qualification. Our advanced mortgage calculator provides a side-by-side view of USDA, FHA, Conforming, and VA loans to guide you in making an informed choice tailored to your financial needs in Alabama.
2026 Loan Limits and Down Payment Requirements in Clovis, Curry, NM
Loan Type
Maximum Loan Amount
Required Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
USDA and FHA Loan Options in Clovis, NM
Lendersa® aims to quickly secure the best USDA or FHA loan for you with minimal hassle. Initiate the process with one of three options that align with USDA loan programs and leading lenders.
A USDA home loan, sometimes referred to as a USDA mortgage or USDA rural development loan, is backed by the Department of Agriculture. This loan is reserved for rural properties and requires no down payment, unlike FHA loans which require a down payment of at least 3.5%.
Incorporated on January 7, 1916, with capital stock of $25,000, The Citizens Bank of Clovis has become the largest independent financial institution in East-Central New Mexico now with assets in excess of $449,000,000. With capital in excess of $46,000,000, it is one of the best capitalized banks in New Mexico.
The Bank of Clovis is a state chartered bank with deposits insured by the FDIC. The Bank was founded October 16, 2000. Our shareholders are employees, farmers, ranchers, small business owners, construction workers, teachers, doctors, lawyers, nurses, policemen, and firemen -- all from Curry County and the surrounding area.
Originally chartered as Cannon AFB Federal Credit Union located in an old barracks building on Cannon AFB, CFCU has flourished, moving & expanding into 2 convenient locations today. CFCU provides financial services to thousands of members in & around Clovis, New Mexico – including civilian & military personnel assigned to Cannon AFB, NAF employees.
The mission of American Heritage Bank is to provide excellent customer and community support within the realm of safe and sound banking practices. The attainment of our mission will produce economic growth within our communities and a return of favorable value to our shareholders.
Frost Mortgage, we’re dedicated to giving each customer a great experience. Our local home Loan Originators have decades of combined experience in the mortgage industry and can help you reach your short- and long-term goals.Our local specialists have the resources of a huge national mortgage company and the friendly attitude of your neighbors.
Ag New Mexico, Farm Credit Services (FCS), ACA is a rural lending cooperative that finances agricultural production, agribusiness and rural real estate, including farms, ranches, and rural recreational property. We are a part of the nationwide Farm Credit System, the oldest and largest source of rural financing in the United States.
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 and closing costs possible. Furthermore, we pledge to help borrowers overcome roadblocks that can arise while securing a loan.
Everyone's Federal Credit Union FKA SP Railway Employees Federal Credit Union was established in 1954. We are currently serving the financial needs of Quay, Guadalupe, and Union Counties with checking accounts, auto loans, member business loans and more Everyone's Federal Credit Union operates three full service branches in Tucumcari
