Roswell Mortgage Broker & Today's Rates
Local brokering for Roswell and all of Chaves County. Live rates as of 9/28/2026 from PSd Mortgage
Local brokering for Roswell and all of Chaves County. Live rates as of 9/28/2026 from PSd Mortgage
Vancellen Sturgeon · NMLS ID 183922
Roswell offers some of the most affordable home prices in New Mexico, which keeps most purchases comfortably inside conventional and FHA limits. PSd Mortgage shops multiple lenders for Chaves County buyers so you get competitive pricing on FHA, VA, and conventional loans whether you are a first-time buyer or refinancing.
Call (505) 908-1057 for today's Roswell rates, or start your pre-approval online.
Mortgage rates in Roswell change with the market every day, so working with a local broker who monitors pricing daily matters. PSd Mortgage shops several lenders for Chaves County buyers to help you lock the best rate and closing-cost combination for your scenario. Our affordability calculator and monthly payment calculator are a good starting point, then call and we will use the actual Chaves County tax figure for the address you are considering.
Zillow was showing an overall Roswell value near $169,000, but Realtor had a median list around $265,000, Redfin showed recent sales near $244,000, and 88201 was listing near $300,000. Most financed purchases fall in the $240,000 to $310,000 band, not the sub-$200,000 number.
Buyers were active in the Downtown Historic District, North Garden Ave, West Roswell, and 88201 corridors where median ranges were $212,000 to $300,000. These appeal to local employment, Walker AFB legacy households, and in-town buyers wanting shorter commutes.
Recent New Mexico 30-year fixed rates were mainly in the 6.24% to 6.38% range, with 15-year fixed around 5.6% to 5.8%. At Roswell price levels, almost every purchase stays conforming, so the important choice is rate vs. fee, not jumbo vs. conforming.
Roswell's lower price points are its biggest advantage - but at these loan sizes, small differences in rate and fees have an outsized effect on your monthly payment. That's exactly where shopping several lenders pays off.
On a sub-$300,000 loan, the right rate/fee combination can save real money every month. We compare lenders to find it.
FHA, low-down conventional, and VA (for Walker AFB legacy and veteran households) all fit Roswell's price range.
The most popular option in Roswell for long-term payment stability and easier qualifying.
On Roswell loan sizes the payment gap between a 15 and a 30 year term is smaller than most buyers expect, which makes it worth quoting.
A practical fit for Roswell buyers with thinner credit files, and the county FHA limit is far above local pricing.
Available with no down payment for eligible veterans anywhere in Chaves County, including the rural parcels outside town.
Buying your first home in Roswell? Beyond FHA and VA, you may qualify for low-down-payment conventional loans, USDA loans on eligible properties in rural areas near Roswell, and New Mexico down payment assistance through MFA Housing New Mexico, the state housing authority. PSd Mortgage can check which Roswell 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 Roswell buyers.
Zero-down financing for eligible homes in rural areas near Roswell.
Roswell prices sit well under the state assistance caps, so a large share of local buyers can qualify.
Refinancing in Roswell can lower your monthly payment, shorten your term, or let you tap equity for improvements. As a broker we will tell you honestly when a Roswell refinance is not worth it, because on smaller balances the closing costs can take years to earn back. 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
On Roswell loan amounts the lender with the lowest rate is often not the cheapest overall, so we compare total cost across our panel rather than rate alone.
3Underwriting to close
We manage the file through underwriting and coordinate closing so your Roswell purchase or refi closes on time.
PSd Mortgage serves buyers and homeowners across Chaves County, including Roswell and the surrounding communities. Because conforming and FHA loan limits, property values, and program eligibility can vary by county, we tailor your Roswell quote to Chaves County guidelines across conventional, FHA, VA, and jumbo loans.
Loan limits are never the constraint in Roswell. Local pricing sits far below both 2026 thresholds.
$541,287 on a one-unit home in Chaves 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, well beyond anything Chaves County pricing requires.
With most financed purchases between $240,000 and $310,000, a Roswell buyer would need to spend nearly double the top of the market to reach the county FHA limit. Every program is available at every price point here, so the decision comes down to credit, down payment and how long you plan to stay.
Most financed Roswell purchases land in the $240,000 to $310,000 range. Using $270,000 as a working example, here is what each program asks for up front. Closing costs are quoted separately and, on Roswell loan sizes, they are the number worth negotiating.
| Program | Down Payment | Cash Needed on $270,000 |
|---|---|---|
| VA (eligible veterans) | 0% | $0 |
| Conventional, first-time buyer | 3% | $8,100 |
| FHA | 3.5% | $9,450 |
| Conventional, standard | 5% | $13,500 |
| Conventional, no monthly mortgage insurance | 20% | $54,000 |
At Roswell prices the down payment difference between programs is measured in a few thousand dollars, which often makes the mortgage insurance structure the more important comparison.
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 that can be forgiven after a period of occupancy. A 620 score and a homebuyer education course are generally required. Roswell pricing sits so far below the purchase price caps that the income test, not the price test, is usually what decides eligibility here.
Rates change daily with the market. The rates at the top of this page come from our lender panel and update every business day, covering 30-, 20- and 15-year fixed plus FHA and VA. For a same-day quote, call PSd Mortgage at (505) 908-1057.
A bank can only offer its own loans. As a broker, PSd Mortgage shops several lenders at once for your Roswell loan. At Roswell's lower loan sizes, the right rate-and-fee combination can meaningfully lower your monthly payment.
For 2026, all New Mexico counties including Chaves County use the national baseline conforming limit of $832,750 for a one-unit home. At Roswell price levels almost every purchase stays conforming. The 2026 FHA limit in Chaves County is $541,287 on a one-unit home, and VA loans have no limit at all for borrowers with full entitlement.
On a $270,000 Roswell purchase, VA is $0 down for eligible veterans, conventional starts at $8,100 for a first-time buyer, FHA is $9,450, and $54,000 avoids monthly mortgage insurance entirely. At Roswell prices the down payment difference between programs is measured in a few thousand dollars, which often makes the mortgage insurance structure the more important comparison. Call PSd Mortgage at (505) 908-1057 and we will tell you which one leaves you with the lower payment.
Absolutely. We'll walk you through pre-approval, explain FHA and low-down-payment conventional options, and shop lenders so you start with a competitive rate. Call (505) 908-1057.
Many buyers qualify with scores in the low-to-mid 600s, and FHA loans can go lower with the right file. Higher scores generally earn lower rates, so we'll review your credit and shop lenders.
Carlsbad mortgage rates • Hobbs mortgage rates • Clovis 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