NM mortgage rates

Union County

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

Union 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 Union 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 Union

A local view of the market.

Union County, New Mexico, has a real estate market characterized by affordable housing options. As of October 2024, the median listing home price in the county was approximately $113,500, with a median price per square foot of $102. This reflects a slight decrease of 5.7% compared to the previous year, indicating a trend towards more accessible home prices in the area. The county includes several small towns, with Clayton being the most notable. Clayton serves as the county seat and is known for its affordable housing market, with a median listing price similar to the county average. Other towns like Bueyeros, Seneca, and Stead also contribute to the county's rural charm, each offering a unique small-town atmosphere and community-oriented lifestyle. Living in Union County offers a predominantly rural experience, with agriculture and farming playing significant roles in the local economy. The county's landscape is dotted with farms and ranches, providing a serene and spacious environment. The top industries include agriculture, livestock, and some tourism related to its historical sites and natural beauty. People may be drawn to Union County for its quiet, rural lifestyle, lower cost of living, and opportunities for outdoor activities and farming.

Questions & Answers

Refinancing in Union County

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

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