During 2026, the USDA loan maximum for Roswell in the county of Chaves, NM, is set at $336,500, whereas the FHA cap is $472,030 for a single-family residence.
Leverage the Lendersa® USDA loan calculator to assess the best rates of USDA versus FHA today. It helps establish the required income, creditworthiness, reserves, and documentation for qualification. The advanced mortgage calculator displays USDA, FHA, Conforming, and VA programs side by side, assisting you in selecting the optimum option for your financial needs in .
2026 Loan Limits and Down Payment Requirements in Roswell, Chaves, NM
Loan Type
Loan Limit
Down Payment
USDA
$336,500
0%
FHA
$472,030
3.5%
Conventional Conforming
$726,200
3%
Available USDA and FHA Loan Solutions in Roswell, NM
The objective of Lendersa® is to secure you the optimal USDA or FHA loan expeditiously and smoothly. Choose one of the three initial approaches, which will lead to lender matches and corresponding USDA loan offerings.
A USDA home loan, guaranteed by the U.S. Department of Agriculture, is also referred to as a USDA rural development loan or USDA mortgage. It's restricted to rural areas. Unlike FHA loans that necessitate at least a 3.5% down payment, USDA loans demand no down payment at all.
Valley Bank’s primary mission has been to serve the banking needs of Roswell as well as Chaves County, and this continues to be the primary driving force behind the bank today. Valley Bank is an independent bank and fully intends to remain independent. The bank has built a reputation of conservative soundness that has served it well
Bank of the Southwest evolved from the idea that community banks continue to thrive as a vital link in the economic well-being and prosperity of thousands of small and medium-sized towns, rural areas, and urban neighborhoods throughout America. Bank of the Southwest's goal is to secure a niche in the financial services market.
313 W Country Club Road, Suite 11, Roswell, NM, 88201
Lends in New Mexico
The WTNM Federal Credit Union received a federal charter in 1969, after members of the WesTexas New Mexico Florist Association looked for ideas to benefit the members of the Association. The original office was in Midland, Texas, and in 1973 it was moved to Roswell, New Mexico where the volunteer manager lived and owned a flower shop.
Roswell Community Federal Credit Union Our Credit Union was originally known as the Hobbs Gulf Federal Credit Union and was organized in 1954. In October 1995; the Credit Union amended its charter to include anyone who lives or works in Roswell and changed the name to Roswell Community Federal Credit Union.
On 1952 a small nucleus of people who were affiliated with the schools of Chaves County joined together in an effort to build upon a dream. This dream was initially a concept whereby the establishment of a credit union would afford the members an opportunity to accumulate their savings and to create for them, a source of credit for provident.
Western Bank of Artesia, New Mexico was chartered and opened for business as Peoples State bank on August 2, 1948 on the Calvin Dunn property located at 4th and Quay in Artesia, New Mexico, the same location that the bank occupied from 1948 to 2000. The bank was first housed in temporary quarters in a small sheet iron building.
Artesia Credit Union is a member-owned, cooperative, non profit financial services institution founded and operated to encourage thrift among its members, create a source of credit at a fair and reasonable rate of interest, and provide an opportunity for its members to improve their economic condition in a friendly manner.
First American Bank serves New Mexico with sixteen full service locations in fourteen communities and mortgage offices in Ruidoso, NM, and Rio Rico, AZ. Over the past century, First American Bank has remained true to its mission by providing a full spectrum of financial services; building lasting customer relationships
When you go through the motions of buying a property, you want someone with experience by your side every step of the way. As a certified mortgage broker since 1994, we go the extra mile while helping clients buy or refinance their homes. We work diligently towards providing the real estate financing solutions our clients need.
