FHA Vs. USDA loan program for Hobbs, Lea County, New Mexico

In 2025, USDA loan limit in Hobbs, county of Lea, 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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USDA and FHA loan options in Hobbs, 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.

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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.

239-205-5665 1346 miles Lender's profile and map Reviews Harbor Light Mortgage 3937 NW 46th Terrace, Cape Coral, FL, 33993 Harbor Light Mortgage is a family owned and operated mortgage broker in Cape Coral, Florida, serving borrowers throughout the State. Now in it's third year at this location, Harbor Light Mortgage represents multiple lenders providing borrowers with access to a vast array of mortgage products, including Conventional, FHA, USDA, and VA
(843) 832-2600 1347 miles Lender's profile and map Reviews REV Federal Credit Union 200 Marymeade Dr, Summerville, SC, 29483 At REV, we’re passionate about being an active partner that works with local businesses, organizations and associations to build healthy communities. Through a digital first strategy and enhanced commitment to our members, we’re redefining what banking means. As a full-service financial institution, we offer competitive loan rates.
(843) 810-4564 1347 miles Lender's profile and map Reviews Homefront Mortgages, Inc. 202 E. 2nd North St, Suite 1-A, Summerville, SC, 29483 Homefront Mortgages, Inc. offers the very best mortgage tools available on the Internet - easy, convenient, on-line shopping for the best loan programs and most current rates available, together with the assistance of an experienced, "live" loan officer to guide you through the often difficult and confusing process.
(407) 365-6611 1347 miles Lender's profile and map Reviews Citizens Bank of Florida 156 Geneva Drive, Oviedo, FL, 32765 Independent Thinking, Independent Banking. Founded in 1946, the Citizens Bank of Florida is a financial institution that provides a variety of banking services. It offers savings, checking and money market accounts. The bank also provides certificates of deposit and individual retirement accounts.
(407) 963-1151 1347 miles Lender's profile and map Reviews Florida Mortgage Providers, inc. 2101 Amador Pl, Oviedo, FL, 32765 Giles Wardian serves as team lead and is a senior mortgage loan specialist with twenty-one years of experience. Our team of mortgage professionals operates on a unique platform whereby we have access to several wholesale lending sources which gives you the advantage. We are able to provide excellent rates.
(407) 977-5656 1347 miles Lender's profile and map Reviews 1st Residential Funding Inc 1755 West Broadway Street, Suite 2, Oviedo, FL, 32765 At 1st Residential Funding, we make you feel at home during your home loan process. We are a family-owned company that was founded in 1999 with the commitment to find you the most competitive interest rates and closing costs available. We shop hundreds of lenders in order to provide the loan best suited for you.
(888) 333-7060 1347 miles Lender's profile and map Reviews Blue Oak Mortgage LLC 3747 Safflower Terrace, Oviedo, FL, 32765 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.
321-377-4211 1347 miles Lender's profile and map Reviews Mid Florida Mortgage Professionals 10 Windsormere Way Suite 500, Oviedo, FL, 32765 Having ZERO LENDER FEES makes sure you get the lowest closing costs on your mortgage! (NO PROCESSING, UNDERWRITING, ADMIN or ANY OTHER FEES). Most lenders charge an average of $800-$1200 in lender fees to do your loan. I believe you should have the lowest closing costs and overall deal on a mortgage when you work with our team...PERIOD!
561-353-7211 1347 miles Lender's profile and map Reviews HS Solutions Investments & Loans Inc 100 Alexandria Blvd Ste 6, Oviedo, FL, 32765 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.
(989) 733-8557 1347 miles Lender's profile and map Reviews Awakon Federal Credit Union 20855 Washington Ave., Onaway, MI, 49765 Awakon Federal Credit Union is a not-for-profit financial cooperative providing the best service to our most important assets – our members. Awakon Federal Credit Union believes that access to low-cost financial services is critical to the health and stability of ordinary citizens.
386-788-5211 1348 miles Lender's profile and map Reviews Gulfstream Your Mtg Source 1301 Beville Rd., Suite 1, South Daytona, FL, 32119 Gulfstream is a family owned and operated company with a wholesale relationship with numerous institutional investors and also longstanding relationships with many private investors. We can often work around issues regarding credit and income. Gulfstream has served the needs of thousands for two generations