USDA VS FHA in Roswell, Chaves County, NM

During 2025, 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 .

Discover loan offers from a collection of 100 lenders

2025 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.

Lendersa USDA loan requests and matching results

Defining USDA Loan in NM

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.

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



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