USDA VS FHA in Deming, Luna County, NM

The USDA loan cap for 2025 in Deming, located in Luna County, NM, stands at $336,500. Conversely, the limit for FHA loans on a single-family home is $472,030.

Leverage the Lendersa® USDA loan calculator to contrast the current top rates between USDA and FHA loans. This tool helps determine the income, credit, reserves, and necessary documents to qualify. Our mortgage calculator also provides side-by-side comparisons for USDA, FHA, Conforming, and VA loans, assisting you in selecting the right one for your financial requirements in .

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Loan Limits and Downpayment Details for 2025 in Deming, Luna, NM

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

Options for USDA and FHA Loans in Deming, NM

At Lendersa®, our aim is to provide you with the optimum USDA or FHA loan quickly and with ease. Choose one of three initial steps that will help you connect with lenders and explore USDA loan programs.

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Understanding USDA Loans in NM

The USDA home loan, backed by the U.S. Department of Agriculture, known also as a USDA Rural Development Loan or USDA mortgage, is accessible only in rural areas. Distinct from FHA loans, which require at least a 3.5% down payment, a USDA loan requires no down payment.

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



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