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FHA single-family mortgages in NEW MEXICO can have down payments as little as 3.5%. In some cases, FHA insurance allows homebuyers to finance approximately 96.5% of the value of their home purchased with their FHA mortgage.

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December 11, 2019
FHA Rates for December 11, 2019
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FHA Appraisers in NEW MEXICO

Getting the Proper Home Appraisal

Among U.S. states, New Mexico has the highest percentage of Hispanics at close to 50%. It also has the third highest percentage of Native Americans after Alaska and Oklahoma. The New Mexican landscape ranges from wide, rose-colored deserts to broken mesas to high, snow-capped peaks. Despite the state's arid image, heavily forested mountain wildernesses cover a significant portion of the state, especially towards the north. The U.S. government protects millions of acres of New Mexico as national forests.

New Mexico is home to the Los Alamos National Laboratory. It was founded as part of the Manhattan Project to develop the first atomic bomb. A large artistic community thrives in Santa Fe, New Mexico's fourth largest city and its capital. New Mexico is a leading crude oil and gas producer in the United States.

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