Purchasing a home can be a huge undertaking. The current housing market is booming, with homes selling faster than buyers can put in offers. At Indigo Mortgage New Mexico, we urge buyers to shop local when it comes to your home loan; here’s why.

The team at Indigo has always encouraged borrowers to shop around for a good home mortgage interest rate. Recently, several prospective buyers have reached out to us, wondering if their current lender is giving them the best deal.

Indigo Mortgage has been able to get borrowers an interest rate that’s 25% lower on average, as well as thousands of dollars less in closing costs. Over the life of the mortgage loan, that will save them thousands and thousands of dollars.

Not all lenders should be treated equally, as most lenders are not brokers. This means they can only offer the mortgage rate their company tells them to offer. A broker, like Indigo Mortgage, works with several lenders to secure you the lowest home mortgage rate possible. As a broker, we have access to some of the lowest rates on the market and various programs to fit your needs.

As you can see, shopping around for your home mortgage is extremely important. Doing your research and working with the right mortgage lender can make all the difference in your home interest rate. Reach out to the team at Indigo Mortgage in Albuquerque. We have been a trusted part of the community for nearly 20 years.