Farmington Mortgage Broker & Today's Rates
Local brokering for Farmington, the Four Corners, and all of San Juan County. Live rates as of 9/25/2026 from PSd Mortgage
Local brokering for Farmington, the Four Corners, and all of San Juan County. Live rates as of 9/25/2026 from PSd Mortgage
Vancellen Sturgeon · NMLS ID 183922
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.
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. Our affordability calculator and monthly payment calculator will frame the budget, then call so we can use the San Juan County tax figure and check whether the property qualifies for USDA financing.
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.
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.
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.
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.
We shop several national and regional lenders for your Farmington loan instead of one local rate sheet.
FHA, VA, conventional, USDA on eligible rural properties, and jumbo when needed.
We work with Four Corners buyers by phone and online, start to close. Call (505) 908-1057.
The most popular option in Farmington for long-term payment stability and easier qualifying.
A fit for established Farmington owners refinancing with meaningful equity already built up.
Widely used across the Four Corners, and Farmington pricing sits well inside the San Juan County limit.
Zero down for eligible veterans across San Juan County and the wider Four Corners area.
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.
As little as 3–3.5% down for qualified Farmington buyers.
Zero-down financing for eligible homes in rural areas near Farmington.
Farmington pricing fits the state assistance caps, though eligibility depends on household income as well as price.
Refinancing in Farmington can lower your monthly payment, shorten your term, or let you tap equity for improvements. As a broker we can compare Farmington refinance options across several lenders, which is worth doing in a market where appraisal values vary sharply between neighborhoods. Try our refinance calculator to estimate your break-even.
1Pre-approval
We review your credit, income, and assets and issue a pre-approval so you can make offers with confidence.
2Rate shopping
The Four Corners is not every lender comfort zone, so we price your Farmington file with the lenders on our panel that actually lend well in San Juan County.
3Underwriting to close
We manage the file through underwriting and coordinate closing so your Farmington purchase or refi closes on time.
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 pricing sits far inside the 2026 limits, so program choice here is driven by property type and location rather than loan size.
$541,287 on a one-unit home in San Juan County.
$832,750 on a one-unit home. Above that a loan is jumbo and priced on a separate sheet.
No limit for full entitlement across San Juan County and the wider Four Corners.
With most financed purchases between $260,000 and $330,000, San Juan County buyers are well under the FHA limit. What matters more in the Four Corners is whether a property sits in a USDA eligible area, which opens zero-down financing for buyers without VA entitlement, and whether the appraisal supports the contract price.
Most financed Farmington purchases land in the $260,000 to $330,000 range. Using $295,000 as a working example, here is what each program asks for up front. Closing costs are separate, and on a USDA eligible property the guarantee fee replaces the down payment as the number to plan around.
| Program | Down Payment | Cash Needed on $295,000 |
|---|---|---|
| VA (eligible veterans) | 0% | $0 |
| Conventional, first-time buyer | 3% | $8,850 |
| FHA | 3.5% | $10,325 |
| Conventional, standard | 5% | $14,750 |
| Conventional, no monthly mortgage insurance | 20% | $59,000 |
In the Four Corners the USDA question is worth asking before the down payment question, because an eligible address can remove the down payment entirely.
New Mexico runs a first mortgage program that pairs with a second mortgage for down payment and closing cost help, plus a zero-interest option for lower-income buyers. A 620 score and a homebuyer education course are generally required. In the Four Corners this is worth weighing against USDA financing, which asks nothing down on an eligible property and may serve a Farmington buyer better than assistance layered onto a conventional loan.
Rates change daily with the market. The 30-, 20-, 15-year fixed, FHA and VA rates above are refreshed every business day from our lender panel. For a same-day quote, call PSd Mortgage at (505) 908-1057.
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.
For 2026, all New Mexico counties including San Juan County use the national baseline conforming limit of $832,750 for a one-unit home. The 2026 FHA limit in San Juan County is $541,287 on a one-unit home, and VA loans have no limit at all for borrowers with full entitlement.
On a $295,000 Farmington purchase, VA is $0 down for eligible veterans, conventional starts at $8,850 for a first-time buyer, FHA is $10,325, and $59,000 avoids monthly mortgage insurance entirely. In the Four Corners the USDA question is worth asking before the down payment question, because an eligible address can remove the down payment entirely. Call PSd Mortgage at (505) 908-1057 and we will check the address for USDA eligibility while we are at it.
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.
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.
Albuquerque mortgage rates • Rio Rancho mortgage rates • See all areas we serve
Overall, Van has been amazing to work with! She made my first time home buying experience an excellent one! She walked with me though the process, and was always quick to respond. At the end of the day, she coordinated with different lenders, and got me an amazing rate. I could not have picked a better partner to work with! Van has been a huge blessing from the Lord!
Van from PSd Mortgage is amazing to work with. Her persistence with the lender and realtor team enabled us to close early. We highly recommend Van and PSd Mortgage.
Van is INCREDIBLE! She is on top of her game and will always go ABOVE & beyond for her clients. I had a house deal fall apart 4 days before closing, she was the only one in my corner fighting for me. I came out the other side and I was able to close on a new property quickly with her help!! I am now a customer for life - Thank you Van!!!
Van with PSd Mortgage was absolutely incredible. We had a very quick closing date and Van was exceptional in getting items/documents in place and coordinating with all of the parties involved. I would highly recommend!
Vancellen made us feel like we were family. What a great help she was for all of our needs. Would recommend her to anyone who needs a fantastic mortgage broker. She is a very caring person.
Great experience with Vancellen, she helped find great mortgage rates on both of our home purchases in Jemez Springs and Los Alamos area. She was always very quick to respond to questions and provided honest insight. I would highly recommend PSd Mortgage. Kyle F
Van Sturgeon is a miracle worker! She guided me through every step of the mortgage process, and was ALWAYS available whether by email, text or phone. She knew exactly what was needed, was extremely patient, and found an excellent loan at excellent rates for my new home purchase! The contract almost fell through 5 days before closing because of the appraisal valuation, but Van was steadfast about what needed to be done to make it work. I closed on my beautiful home yesterday, and it went without a hitch. Thank you so much, Van! You made all my dreams come true. I highly recommend Van Sturgeon to anyone seeking a home loan.
Working with Van made refinancing very easy. I had a lot of questions that were answered honestly. I wish more lenders had these ethics. I chose PSD after shopping many other lenders, and it was a great choice. I highly recommend Van and her company and will return for future needs.
We have used Van in a few times and I wouldn't go with anyone else for our brokerage needs. She is quick to respond, attentive and always looking out for the best interests of her clients.
Van is very dedicated and is always up to date with the industry, thus being able to provide the best all around service to her clients. She is passionate about providing a great experience and making sure that no matter what the situation, her borrowers are always best position possible. Dedicated, Passionate and Consistently closing loans in under 20 days, Van, Rick and the team at PSd. are not only great at mortgages, they are truly great people and I am very proud and honored, to be able to work with the Team at PSd.!
My family and I highly recommend Vancellen Sturgeon. She was extremely responsive at all hours of the day or evening. Her ability to work quickly and get title to close our loan in record time was impressive and we are extremely grateful. Vancellen Sturgeon has also closed loans for two of my other family members and has earned our future business.
PSd Mortgage provides rate shopping and mortgage options throughout New Mexico and Colorado. Below are the primary markets we serve, but we're not limited to these locations:
• Alamogordo • Albuquerque • Carlsbad • Clovis • Farmington • Hobbs • Las Cruces • Los Lunas • Rio Rancho • Roswell • Santa Fe • Sunland Park