Finance
A New Mexico homebuyer with excellent credit and a 20% down payment would most likely qualify for a:
AFHA loan
BConventional conforming loan at favorable rates✓ Correct
CVA loan
DUSDA Rural Development loan
Explanation
A buyer with excellent credit and 20% down typically qualifies for a conventional conforming loan. With 20% down, PMI is not required, and their credit profile would obtain the best available market rates.
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