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La Joya, NM FHA Loans in New Mexico

FHA loans differ from conventional loans in a number of ways. The down payment required for an FHA-insured loan is usually much lower than for conventional loans. FHA loans also have lower credit requirements than conventional loans, making them more available to a wider range of potential homebuyers.

 

FHA loans offer La Joya, NM residents several other valuable benefits, not least of which is those aforementioned smaller down payments. Unlike a conventional loan, which ordinarily requires 10-20% down, FHA-insured loans only require down payments as low as 3-5%. The FHA is also more flexible in calculating factors to determine whether or not to approve the loan, factors such as household income and repayment ratios.

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La Joya, New Mexico News
Socorro County Sheriff's Blotter

June 1

An officer met with a woman in Veguita at 9 a.m. and learned that a neighbor's dog had come into the victim's yard and attacked one of her puppies. The puppy was dragged into the suspect's yard and mauled, causing severe cuts across the throat and on its body. The woman tried to get the dog off the puppy but was bitten on the leg in the attempt. The officer met with the owner of the loose dog and cited him into Magistrate Court. Photos of the puppy with injuries and the attacking dog which had evidence of the attack were taken.


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