With Ben Lucero at Indigo Mortgage As interest rates begin trending downward, more homeowners across Albuquerque, Rio Rancho, Corrales, and throughout New Mexico are starting to refinance or purchase homes. And naturally, everyone is searching for the same thing: “Who has the lowest rate?” But according to Ben Lucero at Indigo Mortgage, that’s not always

For many self-employed borrowers in Albuquerque and throughout New Mexico, qualifying for a mortgage can feel unnecessarily difficult — even when business is strong. According to Ben Lucero of Indigo Mortgage, this is one of the most common frustrations he hears from local business owners. “A lot of self-employed borrowers are doing very well financially,”

Reverse mortgages are becoming a more common conversation among senior homeowners across Albuquerque, Rio Rancho, and the surrounding New Mexico communities. Still, many people hesitate because of outdated information and lingering myths. According to Ben Lucero of Indigo Mortgage, most of those concerns are based on how reverse mortgages worked years ago — not how

In today’s competitive housing market, New Mexico borrowers—especially VA home loan borrowers—are often targeted by large national lenders, call centers, and so-called “veterans division” mortgage companies. These lenders promise savings, fast approvals, and special programs for military families, but many borrowers end up with higher interest rates, inflated closing costs, and unfavorable loan terms. That’s

Across New Mexico, homeowners and buyers in Albuquerque, Rio Rancho, Santa Fe, Los Lunas, and surrounding communities are receiving deceptive mortgage flyers, mailers, and teaser ads advertising unbelievably low mortgage rates. At first glance, these offers look appealing. Low interest rates. Big promises. Eye-catching numbers. But according to Ben Lucero of Indigo Mortgage, these flyers

Across New Mexico, many homeowners have purchased their homes using a Real Estate Contract (REC) — sometimes called a contract for deed. These agreements have helped families become homeowners when traditional financing wasn’t an option at the time of purchase. But eventually, most homeowners reach a point where they want (or need) to refinance out

The real estate and mortgage market in New Mexico is shaped by more than just local inventory and home prices — it’s also influenced by national economic trends and federal policy decisions. Recent discussions at the federal level, including proposals from President Donald Trump, highlight potential changes that could affect mortgage rates, housing affordability, and

Over the last several years, the housing and lending markets have experienced unprecedented shifts. Homeowners enjoyed record-low interest rates—some of the lowest in modern financial history—causing nearly everyone who could refinance to do so. At the same time, home prices jumped dramatically, especially in New Mexico, causing home equity to climb to levels many homeowners

Thinking About Building a Home? With today’s competitive housing market and limited inventory, more and more New Mexicans are choosing to build their own homes rather than buy an existing one. But for many borrowers, the biggest question is: Where do I even start? Whether you’re just beginning to explore the idea or already deep

For many homebuyers, getting ready to purchase a home means saving for a down payment, organizing documents, and watching interest rates. But there is another cost quietly rising in the background—one that borrowers usually don’t discover until they are deep into the mortgage process. According to Ben Lucero, President of Indigo Mortgage in Albuquerque, the