Understanding the Latest VA Mortgage Loan Updates Veterans have access to some of the most advantageous mortgage loan options available, and Indigo Mortgage is here to help them navigate these opportunities in both New Mexico and Colorado. Ben Lucero, a trusted mortgage expert, emphasizes the importance of understanding the latest updates regarding VA mortgage loans.
Divorce can be tough, especially when it comes to dividing property. In many cases, one spouse wants to keep the home but needs to pay the ex-spouse their share or take them off the mortgage. This is where Indigo Mortgage, led by Ben Lucero, can help borrowers in New Mexico and Colorado handle the refinance
Small Balance Commercial Loans: A Solution for Business Owners When it comes to securing a New Mexico commercial loan for less than $500,000, many business owners face a common challenge – finding a lender willing to work with them. Most banks and traditional lenders dismiss these small balance commercial loans, viewing them as too insignificant
Is Rocket Mortgage Taking Over? Here’s Why That Could Hurt Homebuyers Rocket Mortgage is rapidly expanding its footprint in the home loan industry. With major acquisitions like Redfin—a top online real estate platform—and Mr. Cooper—one of the largest mortgage servicers in the U.S.—Rocket is aiming to become a one-stop shop for everything from home searches
Mortgage Rates Are Dropping – Don’t Miss Your Chance to Refinance! If you’ve been waiting for the right time to refinance your mortgage, now is the time to start preparing. Mortgage rates are trending downward, and homeowners across Albuquerque, New Mexico, are keeping a close eye on the market for the perfect opportunity to lock
Thinking About Refinancing Your VA Loan? Read This First! Hey Veterans, Ben Lucero owner of Indigo Mortgage here in Albuquerque. Are you drowning in VA loan refinance offers from emails, phone calls, and mailers? It can feel overwhelming, and let’s be real—some of these offers sound too good to be true. That’s because they often
In the mortgage lending process, one of the most frustrating experiences for borrowers is dealing with the extensive documentation required by underwriters. Among the most common and challenging requests is the need to prove the source of funds for down payments and closing costs. This may seem like an unnecessary hassle, but it plays a
Mortgage interest rates are dropping and many people want to start the process to refinance into a lower rate but how do they know when it’s time? What if they start the process, then the rates drop more? This question will come up a lot over the next year or so as the interest rates
Indigo Mortgage recently launched a great new program for home buyers called Indigo Lightning. Indigo Lightning will issue a pre-approval on a buyer’s home loan application within 24 hours in most cases. A pre-approval carries much more weight than just a pre-qualification. A pre-approval lets the seller know that the buyer’s application has been approved
In its latest requirement update for 2023, the VA has made significant changes regarding jumbo loans for eligible veterans. One notable change is the elimination of the need for down payments. Now, regardless of price, veterans can purchase a home without any down payment. This rule only applies if no other VA loans are active