The great state of New Mexico is neighbor to Arizona (and keeps Texas at bay!), and is similarly beautiful and diverse.  The distance and differences in statutes increases the costs of funding, and thus the minimum loan size for loans in New Mexico, and the interest rates that are available, are higher than in Arizona, but still very reasonable, possibly still the best available.

New Mexico funding is usually available if the minimum loan size is $200,000 or greater, and the interest rates will be 1 to 1.5 % greater than in the Phoenix Metro area, depending on the property's location within New Mexico.  

Easily still qualifying as "Not So Hard Money", American Life Financial can work with you to finance your New Mexico aspirations!