VA provides 746 home purchase loans in New Mexico in Q4 2024

VA provides 746 home purchase loans in New Mexico in Q4 2024
Kimberly M. Jackson VA Chief of Staff — https://department.va.gov
0Comments

There were 746 VA home purchase loans issued in New Mexico in the fourth quarter of the fiscal year 2024, totaling $257 million, according to figures provided by the Veterans Affairs Home Loans Index.

The VA assists service members, veterans and eligible surviving spouses to achieve homeownership through loans provided by banks and mortgage companies.

A portion of the loan is guaranteed by the VA, which allows the lender to provide better rates.

Several VA housing programs can help eligible individuals buy, build, or repair their homes. These include Purchase Loans, Interest Rate Reduction Refinance Loans (IRRRL), and Adapted Housing Grants, which are designed for veterans with service-connected disabilities.



Related

Michelle Lujan Grisham Governor of the State of New Mexico

Governor Lujan Grisham signs $11.1 billion state budget and tax package for fiscal year 2027

Governor Michelle Lujan Grisham has signed an $11.1 billion budget for New Mexico’s 2027 fiscal year. The package includes major investments in education, child care, housing, and tax credits without raising taxes on families. Additional funding supports infrastructure projects and public service initiatives.

Michelle Lujan Grisham Governor of the State of New Mexico

Governor Lujan Grisham signs universal child care law in New Mexico

Governor Michelle Lujan Grisham has signed a law making New Mexico the first state with universal no-cost child care. The legislation also removes local barriers for expanding providers statewide. Officials say this move supports working families while serving as a potential model for other states.

Michelle Lujan Grisham Governor of the State of New Mexico

Governor Lujan Grisham signs four education bills into New Mexico law

Governor Michelle Lujan Grisham has signed four major education bills into law following broad legislative support. The measures address literacy instruction improvements, enhanced math teacher preparation, special education services reform, and standardized school employee insurance contributions.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Enchantment State News.