NM mortgage rates

Mckinley County

Clear, current 2026 mortgage and refinance loan limits for homeowners in Mckinley 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

Mckinley 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 Mckinley 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 Mckinley

A local view of the market.

The real estate market in McKinley County, New Mexico, has seen a notable increase in home prices. As of October 2024, the median list price for homes was $306,150, reflecting a 2.1% rise from the previous month. The median price per square foot was $159, indicating a steady demand in the housing market. Gallup is the largest city in McKinley County, serving as a cultural and economic hub with a population of approximately 21,000. Other notable communities include Zuni Pueblo, known for its rich Native American heritage, and Thoreau, which offers a more rural lifestyle. These areas contribute significantly to the county's demographic and cultural diversity. Living in McKinley County offers a mix of rural and suburban experiences, with agriculture and tourism being prominent industries. The county's scenic landscapes and cultural attractions draw people seeking a quieter lifestyle away from urban centers. Real estate migration patterns suggest that individuals are moving to the county for its affordable housing and unique cultural experiences, making it an attractive destination for those looking to escape the hustle and bustle of city life.

County snapshot

Market context.

NM

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

Market areaGallupMapped market area
Area code23700CBSA / MSA reference
Featured communityGallupFrom the county record
Data year2026Aligned with this limit record
Gallup
Top cities & communities

Communities to explore.

Gallup
Questions & Answers

Refinancing in Mckinley County

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

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