Government Home Loans

We know what you’re wondering: in today’s economy, can I qualify for a home loan? We understand your sentiment, but we also know something you might not know: there are government loans designed to help people like you purchase affordable homes with low-interest rates. At RPM Lending, we match you with the best mortgage product for your family’s long-term financial needs. Whether you are a veteran in need of affordable housing; an individual with not-so-good credit; or someone looking to settle down in rural New Mexico (by taking advantage of a rural home improvement loan), we have the loan for you!

FHA Government Home Loans
The Federal Housing Administration (FHA) has been guaranteeing loans since 1934. Since our government insures these loans, many individuals who would not otherwise receive a home mortgage—or who would be forced to pay high interest rates—can settle into affordable homes. A New Mexico FHA home loan can help you purchase your first house, mobile home, or manufactured home; finance home repairs; make your home more energy-efficient; and can even help seniors increase their cash flow by establishing reverse mortgages. Our friendly team at RPM Lending can field all your questions about New Mexico FHA mortgages and can see if you pre-qualify for an affordable FHA government home loan.

VA Government Home Loans
VA home loans are designed to help veterans own their own homes by providing low interest mortgages. Veterans, active duty military personnel, retired and reserve military, and even some spouses may qualify for New Mexico VA home loans. You may qualify for a no-money-down mortgage! Whether you would like to refinance a pre-existing loan—even if it is not a VA loan, you are a Native American veteran and would like to construct a home on Federal Trust land, or you would like to purchase a condominium or manufactured home, a VA government home loan can help you build your future on a solid foundation.

USDA Rural Home Loan
The United States Department of Agriculture (USDA) has a vested interest in ensuring that rural America thrives in this global economy. By securing home mortgages, the USDA helps lessen the threat of foreclosure and missing payments that prevent lenders from entrusting a mortgage loan to an individual deemed “high risk.” If you are interested in settling down in rural New Mexico, we can help you determine if you pre-qualify for one of these low-interest USDA rural development home loans which boast generous income limits, flexible credit guidelines, and assistance options.

Call 505-363-5616 to speak with our mortgage advisors today! Let us help you pre-qualify for an FHA government home loan or another government loan that suits your situation!