New Mexico Conforming Loan Limits in 2024

Explore the 2024 Conforming Loan Limits in New Mexico, covering different property types and counties. Find out the maximum loan amounts for one-unit, two-unit, three-unit, and four-unit properties, helping understand financing options in New Mexico for the year 2024.

Summary of New Mexico Conforming Loan Limits

New Mexico conforming loan limits for 2024 have been established to determine the maximum loan amounts that lenders can offer while still conforming to guidelines set by Fannie Mae and Freddie Mac. These limits vary depending on the type of property and the number of units it contains.

Here are the minimum and maximum loan limits for each unit type:

• One-Unit Limit: $766,550 - $766,550
• Two-Unit Limit: $981,500 - $981,500
• Three-Unit Limit: $1,186,350 - $1,186,350
• Four-Unit Limit: $1,474,400 - $1,474,400

Select the County from the list below to explore detailed loan limits for different unit type.