Farmington Mortgage Broker & Today's Rates

Local brokering for Farmington, the Four Corners, and all of San Juan County. Live rates as of 8/14/2026 from PSd Mortgage

See Live Farmington Mortgage Rates & Closing Costs

Adjust loan amount, LTV, credit score and property type to see real-time pricing for your Farmington scenario.

Farmington's Local Mortgage Broker

PSd Mortgage helps Farmington homebuyers, move-up buyers, and investors compare loan programs across many lenders - not just one bank's rate sheet.
Vancellen Sturgeon, PSd Mortgage Farmington mortgage broker

Vancellen Sturgeon · NMLS ID 183922

Local help for Farmington and all of New Mexico

In the Four Corners, PSd Mortgage gives Farmington buyers something most local banks cannot: pricing from multiple lenders shopped at once. Whether you are buying in San Juan County for the first time, moving up, or refinancing, we match your loan with the lender offering the best FHA, VA, or conventional terms for your situation.

Call (505) 908-1057 for today's Farmington rates, or start your pre-approval online.

Farmington Mortgage Rates Today

Mortgage rates in Farmington change with the market every day, so working with a local broker who monitors pricing daily matters. PSd Mortgage shops several lenders for San Juan County buyers to help you lock the best rate and closing-cost combination for your scenario. Use our affordability calculator and monthly payment calculator to plan, then call us for a same-day quote.

The Farmington Housing Market at a Glance

Farmington anchors the Four Corners with about 46,000 residents, a median household income near $68,800, and a homeownership rate around 66 percent. Energy and healthcare employment shape a market where local lending options are limited.
Farmington NM home prices

Farmington Home Prices

Farmington median listing prices were generally in the low to mid $300,000s, while recent sold pricing was closer to the high $200,000s. Many financed purchases land between $260,000 and $330,000, depending on location, age, and condition.

Farmington NM neighborhoods and buyers

Who's Buying in Farmington?

Buyers in Farmington include local workforce households, energy and healthcare workers, and buyers relocating within the Four Corners region. With fewer local mortgage options than Albuquerque, working with a broker who shops multiple lenders helps buyers compare pricing in one place.

Farmington NM mortgage rate trends

Farmington Rate Picture

Recent New Mexico 30-year fixed rates were around 6.45%, while 15-year fixed rates were around 5.81%. At current Farmington price levels, most purchases remain within conforming loan limits, so the main focus is balancing rate, closing costs, and mortgage insurance.

Why a Broker Matters in the Four Corners

Farmington has fewer local mortgage options than the big metros, which means buyers who only talk to one bank may never see a better rate that existed a few lenders over. That thin local competition is exactly where an independent broker helps most.

Many lenders, one place

We shop several national and regional lenders for your Farmington loan instead of one local rate sheet.

Full program menu

FHA, VA, conventional, USDA on eligible rural properties, and jumbo when needed.

Local, remote-friendly

We work with Four Corners buyers by phone and online, start to close. Call (505) 908-1057.

Mortgage Programs Available in Farmington

We can quote several loan types at once so you can compare payment, rate, and upfront cost.

30-Year Fixed

The most popular option in Farmington for long-term payment stability and easier qualifying.

15-Year Fixed

Pay the home off faster and save on interest - great for strong-income buyers.

FHA Loans

Lower down payment and flexible guidelines for first-time or returning buyers.

VA Loans

For eligible veterans and service members - often with no down payment.

First-Time Buyer & Down Payment Help in Farmington

Buying your first home in Farmington? Beyond FHA and VA, you may qualify for low-down-payment conventional loans, USDA loans on eligible properties in rural areas near Farmington, and New Mexico down payment assistance through MFA Housing New Mexico, the state housing authority. PSd Mortgage can check which Farmington first-time buyer and down-payment-assistance options fit your situation and pair them with a competitive rate.

USDA Rural Loans

Zero-down financing for eligible homes in rural areas near Farmington.

NM Down Payment Assistance

State programs may help cover down payment and closing costs for eligible buyers.

Farmington Refinance Rates

Refinancing in Farmington can lower your monthly payment, shorten your term, or let you tap equity for improvements. Because PSd Mortgage is a broker, we compare lender refi options and show you which one delivers the best savings for your credit, property type, and equity position. Try our refinance calculator to estimate your break-even.

How the Farmington Loan Process Works

1Pre-approval

We review your credit, income, and assets and issue a pre-approval so you can make offers with confidence.

2Rate shopping

We pull pricing from several lenders for your exact scenario and lock the best rate/closing-cost combination.

3Underwriting to close

We manage the file through underwriting and coordinate closing so your Farmington purchase or refi closes on time.

Mortgage Rates in San Juan County

PSd Mortgage serves buyers and homeowners across San Juan County, including Farmington and the surrounding communities. Because conforming and FHA loan limits, property values, and program eligibility can vary by county, we tailor your Farmington quote to San Juan County guidelines across conventional, FHA, VA, and jumbo loans.

Farmington Mortgage FAQs

What are today's mortgage rates in Farmington?

Rates change daily with the market. The current 30-, 20-, 15-year fixed, and FHA rates are shown at the top of this page and updated each business day. For a same-day quote, call PSd Mortgage at (505) 908-1057.

Why use a mortgage broker instead of a bank in Farmington?

The Four Corners has fewer local lenders, so a single bank may not show you the best available rate. As a broker, PSd Mortgage shops several national and regional lenders at once for your Farmington loan, which usually means more choices and better pricing.

What is the conforming loan limit in San Juan County?

For 2026, all New Mexico counties including San Juan County use the national baseline conforming limit of $832,750 for a one-unit home. Call (505) 908-1057 for the current FHA figure for Farmington.

Do you work with first-time home buyers in Farmington?

Absolutely. We'll walk you through pre-approval, explain FHA and low-down-payment conventional options, check USDA eligibility on rural properties, and shop lenders so you start with a competitive rate.

Can you help Four Corners buyers who aren't in Farmington itself?

Yes. We work with buyers across San Juan County and the wider Four Corners by phone and online, from pre-approval through closing. Call (505) 908-1057.

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