New Mexico is known as the “land of enchantment,” because of its rich culture, scenic landscapes and abundance of natural beauty. Located in the southwest portion of the United States, in addition to natural beauty, it’s also one of the least densely populated states in the country. Many of the available jobs in New Mexico are related to the military—there are three air force bases located in New Mexico, including Kirtland, Holloman, and Cannon Air Force Bases. There’s also the White Sands Missile Range, and Fort Bliss is also located in the state.
The Veteran population of New Mexico is more than 170,000. For veterans purchasing a home in New Mexico using a VA home loan, a Net Tangible Benefit Worksheet is required, as is a termite inspection.
VA Home Loan Information for New Mexico
NOTE: The following is for information purposes only.
To find out the exact dollar amount you qualify for, call the VA Home Loan Centers Applications Support Desk at 888-573-4496 or fill out the VA Home Loan Application located here.
The loan limits below are the maximum 2021, $0 down VA loan amount set for each county, incorporated city, or municipality (as listed below). Although there is no maximum loan amount, the maximum no money down VA home loan limits are stated as follows.
- Bernalillo County: $548,250
- Catron County: $548,250
- Chaves County: $548,250
- Cibola County: $548,250
- Colfax County: $548,250
- Curry County: $548,250
- De Baca County: $548,250
- Dona Ana County: $548,250
- Eddy County: $548,250
- Grant County: $548,250
- Guadalupe County: $548,250
- Harding County: $548,250
- Hidalgo County: $548,250
- Lea County: $548,250
- Lincoln County: $548,250
- Los Alamos County: $548,250
- Luna County: $548,250
- Mckinley County: $548,250
- Mora County: $548,250
- Otero County: $548,250
- Quay County: $548,250
- Rio Arriba County: $548,250
- Roosevelt County: $548,250
- San Juan County: $548,250
- San Miguel County: $548,250
- Sandoval County: $548,250
- Santa Fe County: $548,250
- Sierra County: $548,250
- Socorro County: $548,250
- Taos County: $548,250
- Torrance County: $548,250
- Union County: $548,250
- Valencia County: $548,250
