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Mimbres, 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 Mimbres, 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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Mimbres, New Mexico News
Pesticides workshop covers safety, disease diagnosis

Calling all Luna County agriculture producers: If you use pesticides in your production, you're invited to attend a private applicators workshop.


Economists Working On Water Market Model

Two economists and a hydrologist are exploring a water market model in which farmers could trade water rights in real-time via computer and see the impact of their actions on the waterway.


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N.M. farmers don't like being guinea pigs for water management New Mexico State Engineer John D'Antonio is trying out a new water management model in the Mimbres River basin because the water in that basin has ...


Ceremonies to honor county's brave

This chronicles the surrender of the German Military in France that ended World War I and now is a time-honored event that traditionally signals Veterans Day.


"Lynch Ropes & Long Shots' at Museum

Noted author and retired Texas lawman Bob Alexander will lecture and sign books at the Deming-Luna-Mimbres Museum at 7 p.m. on Tuesday.


MVLC Monday Memo

Western New Mexico University-Deming welcomes new academic adviser Tonye Biaga. Biaga is a fulltime advisor with evening hours.


Illegal vehicle routes on rise in Gila Wilderness

Gila National Forest law enforcement officers are reporting a significant increase in motor vehicle use in the forest in the Mimbres area.


The Deming senior center events for Nov. 5, 2008 are at the Bob...

The menu for the week is: Today Nov 5 - Mushroom & Onion Steak Tuesday Nov. 11 - Center Closed Blood work Blood pressure, oxygen and sugar readings will be offered from 8:30 to 10:30 a.m. today at the center.


Arts News

Grant County Arts Scene After 17 years she calls "delightful," the celebrated and decorated artist Dorothy McCray , a grand dame in the local art community, is closing her Atelier McCray gallery on Broadway.


Luna County education vital to Irwin's campaign

Incumbent Democrat Dona Irwin is looking to keep her seat as state representative for District 32 and she hopes that a focus on education will help her do so.


3-vehicle crash kills 3 on I-10 in NM

EThree people were killed and another received non-life-threatening injuries in a three-vehicle crash Tuesday morning on Interstate 10 near Deming.


Golf, the bench teach judge the art of patience

Maybe it's the patience a golfer learns trying to master the game and a course that serves the judge well as he sits at the bench.


On the road: Arizona Sky Village, Day Two

Astronomy magazine Editor David J. Eicher filed this report from his trip to Arizona Sky Village: Friday opened up great adventures on our journey to the Arizona Sky Village .


Town hall addresses gangs

Luna County Sheriff Raymond Cobos and Deming Police Chief Michael Carillo participated Thursday in a Town Hall meeting on gang problems.


Gracious owner of winery caters to others

She calls herself the voice of New Mexico wines in El Paso. Donna Alba said she took a big chance when she decided not only to open a tasting room-winery, but also to create her own wine from grapes of the ...


Holdridge looks to keep seat on county commission

County projects, preparing for growth and energy development top County Commission Chairman Rick Holdridge's platform in his race for re-election. Holdridge, a Republican, is facing off against Democrat Javier ...


Town hall features Gang Task Force

Deming officials have arranged a Town Hall Meeting at Mimbres Valley Learning Center, at 6:30 p.m., Thursday, with the New Mexico Gang Task Force.


Mimbres Water Master District to be expanded

Water is a precious commodity in the desert and the Office of the State Engineer is charged with many responsibilities regarding water and water use.


Weekend at the Galleries event a success, despite rain

Judy Heichel, of Pinos Altos, sets up her display Saturday morning. Heichel is one of 10 vendors who sell their goods as part of Mercado del Sol, an event started by Billy Mack, owner of New Mexico Art Glass ...


Letters question support of chamber board recall

Letters have been sent recently to members of the Silver City/Grant County Chamber of Commerce questioning members' support for a recall of chamber board members.


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