NM mortgage rates

Chaves County

Clear, current 2026 mortgage and refinance loan limits for homeowners in Chaves County, New Mexico. Use the verified baseline numbers below to calculate your refinance payment, evaluate your home equity, and monitor when rate alerts make refinancing advantageous.

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2026 limits

2026 Mortgage Loan Limits

Chaves County

Conforming Loan Limits

Per property
1 unit$832,750
2 units$1,066,250
3 units$1,288,800
4 units$1,601,750

FHA Loan Limits

Per property
1 unit$541,287
2 units$693,050
3 units$837,700
4 units$1,041,125

Source: Official Federal Housing Finance Agency (FHFA) and HUD loan limit schedules. Conforming data represents conventional maximums. Last synchronized: 2026 update cycle.

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Refinance Payment Estimate

Estimate Your Refinance in Chaves County

Use your current mortgage details to estimate a new refinance payment and potential monthly savings.

Estimated New Monthly Payment$2,528Principal & interest only
Home value − mortgage balance
Mortgage balance ÷ home value
Added to the proposed new loan
Proposed New Loan Amount$400,000
Estimated New Payment$2,528
Estimated Monthly SavingsAdd current rate

Estimates include principal and interest only. Taxes, insurance, closing costs, and mortgage insurance are not included.

About Chaves

A local view of the market.

The real estate market in Chaves County, New Mexico, has experienced growth, with the average home value reaching $147,251, marking a 3.0% increase over the past year. Homes in this area typically go pending in about 37 days, indicating a relatively active market. Roswell is the largest city in Chaves County, with a population of approximately 48,429. Other notable cities include Dexter, with a population of 1,076, and Hagerman, which has around 975 residents. Chaves County offers a mix of rural and suburban living, with a strong emphasis on agriculture. The county is a hub for agricultural activities, including dairies, ranches, and farms, contributing significantly to the local economy. The top industries include agriculture and advanced manufacturing, attracting people looking for employment opportunities and a quieter lifestyle. The county's rural charm and agricultural roots make it an appealing destination for those seeking a balance between suburban amenities and rural tranquility.

County snapshot

Market context.

NM

Public location data associated with this county record. Optional fields are shown only when present in the source.

Market areaRoswellMapped market area
Area code40740CBSA / MSA reference
Featured communityRoswellFrom the county record
Data year2026Aligned with this limit record
Roswell
Top cities & communities

Communities to explore.

Roswell
Questions & Answers

Refinancing in Chaves County

Common questions about 2026 loan limits and refinancing opportunities in New Mexico.

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