USDA Vs. FHA your options comparison in Gallup, McKinley County, NM
As of 2026, in Gallup, located in the county of McKinley, NM, the USDA loan cap stands at $336,500, while the FHA limit for a single-family residence is $472,030.
Utilize the Lendersa® USDA loan calculator to evaluate today's top rates for USDA versus FHA loans. This tool also helps you identify the income, credit score, reserves, and documents needed for qualification. By employing our sophisticated mortgage calculator, you can concurrently compare USDA, FHA, Conforming, and VA options, aiding you in selecting the most suitable program for your financial circumstances in .
Loan limits and down payment guidelines for 2026 in Gallup, county of McKinley, 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 loans in Gallup, NM
The primary objective of Lendersa® is to secure the most advantageous USDA or FHA loan with efficiency and minimal stress. Choose from one of three initial paths leading to matching lenders and USDA programs.
A USDA home loan is backed by the United States Department of Agriculture, often referred to as a rural development loan or USDA mortgage. It is exclusively available in rural areas. While FHA mortgages require a minimum of 3.5% as a down payment, the USDA loan eliminates the need for a down payment altogether.
Four Corners Community Bank (FCCB) serves San Juan County in New Mexico, and Montezuma and La Plata counties in Colorado. Since 2000, the bank has focused on providing safe, sound, and local services within each community it is located. Each of its seven locations is a full-service financial institution, offering complete personal
Cuba Credit Union was charted in 1972 as a school-based credit union including Cuba Independent Schools and Jemez Mountain Schools. Over the years, there have been several managers and volunteers elected by the membership. These Managers and Volunteers set the foundation for the Credit Union we have today.
Four Corners Federal Credit Union is a community credit union serving all residents of San Juan County. Four Corners FCU serves all residents of San Juan County, New Mexico. Four Corners Federal Credit Union has been open since 1965. It's the 25th largest credit union in New Mexico with assets totaling $20.32 Million.
Here at Major Mortgage We are your Local Mortgage Lender and we strive daily to be a one stop shop for you by providing Processing, Underwriting and Closing all under the same roof. Our team of licensed experts have a combined 40 years of experience and extensive knowledge and understanding of loans and how they work.
With more than 30 years of experience working in every aspect of the mortgage and real estate professions, I am passionate about helping people achieve their financial goals through home ownership. I take the time to listen, understand, and share the vision of everyone I work with to assure that they are informed.
1 Mortgage LLC is a wholesale brokerage versus a bank that closes and funds their own loans. We have many wholesale lender partners that we work with that offer an array of solutions for whatever your home loan needs may be serving both New Mexico and Colorado. We answer our phone 7 days a week and are available to help you.
9680 Eagle Ranch Road Northwest, Unit 6, Albuquerque, NM, 87114
Lends in New Mexico
Financial Mortgage Solutions was started in the Fall of 2006, shortly before the struggles in the housing market began. We not only made it through those difficult times, we also helped hundreds of people lower their payments and buy their dream homes despite the challenging market.
