USDA and FHA Pro and Con in Silver-City, Grant County, NM
As of 2026, the USDA loan ceiling in Silver-City, located in the county of Grant, NM, is set at $285,000. In comparison, the FHA loan limit for a single-family residence is $356,362.
Utilize the Lendersa® USDA loan calculator to evaluate current USDA and FHA rates, assisting you in determining the necessary income, credit score, reserves, and documentation for eligibility. Leveraging our sophisticated mortgage calculator, you can review USDA, FHA, Conforming, and VA options side by side, aiding you in deciding which program in Alabama is optimal for your financial needs.
2026 Loan Maximums and Down Payment Needs in Silver-City, County of Grant, NM
Type of Loan
Max Loan Amount
Minimum Down Payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA & FHA Lending Solutions in Silver-City, NM
Lendersa® aims to provide the finest USDA or FHA loan options swiftly and with minimal complexity. Choose from three distinct methods to connect with lenders and find the corresponding USDA loan programs.
A USDA home loan is federally backed by the Department of Agriculture, also known as a USDA rural development loan or USDA mortgage, applicable only in rural areas. Contrary to FHA loans, which mandate at least a 3.5% down payment, USDA loans do not necessitate any down payment.
Wallis Bank is a full service community bank with locations in Houston, Dallas, San Antonio, Los Angeles, and Atlanta. At Wallis Bank, our mission is to provide you with financial services that are unsurpassed in customer satisfaction. What makes Wallis Bank unique is our ability to serve the small rural customers to large international customers.
The Citizens State Bank & Trust Company has been providing customers with a range of financial services for over 90 years. The Citizens State Bank & Trust Company was organized and chartered in January 1921 with W. L. Johnson (bank president), JA Gillett (vice president). In 1923 Woodbine State Bank, originally opened in 1897 and incorporated
Citizens 1st Bank was chartered in Rusk on April 6, 1920. During the past 90+ years, the bank has had only three presidents - B. B. Perkins, E. R. Gregg, and the current President, James I. Perkins. Our current President has served since 1971 providing stability and leadership for the bank.
Tyler City Employees' Credit Union is a full-service, not-for-profit cooperative financial institution that began in August of 1953. It was formed for the purpose of encouraging savings by offering a good rate of return, using collective moneys to make loans at competitive, low rates and providing other useful financial resources
Cooperative Teachers Credit Union (CTCU), our mission is to be a thriving cooperative financial institution that helps our members achieve their goals by offering comprehensive financial products and services which they can receive in-person, online, or wherever they may be. Since 1953, we have committed ourselves to consistently serve our members.
18001 Highway 105 W, Suite 109, Montgomery, TX, 77356
Crystal Clear Mortgage was founded in 2008 by Bryan Ward and Adam Simmons with a principle goal of making the home buying process "Crystal Clear". Our company prides itself on being upfront and honest with our customers. We maintain transparency with our customers and real estate agents from start to finish during the loan process.
Rio Bank opened its doors for business in February of 1985. It began as a retail oriented bank primarily catering to consumers for both deposit and loan business. In 1995, the bank opened its second banking center in North McAllen. The original ownership and management has changed since that time as well as the focus and direction of the bank.
