At Indigo Mortgage, we believe knowledge is power. The more you know about the mortgage process and the state of the market, the more likely you are to find a great deal that works for your lifestyle. A recent study conducted by the Consumer Financial Protection Bureau delved into the shopping habits of homebuyers revealed that buyers in the know are more likely to shop around for the best rates and terms.
When consumers are confident in their knowledge about the mortgage process, they are more likely to shop around. The CFPB survey showed however, that only 55% of people felt confident in their knowledge about interest rates. This means that over half of homebuyers could be paying more than they need to on their home!
In order to find the best rates and terms on the market, homebuyers benefit from shopping around and asking questions. A trusted Albuquerque mortgage company like Indigo Mortgage will be happy to speak openly with you about your options. We are always happy to provide shoppers with a complete cost breakdown and overview of what an interest rate should look like at their particular credit score. So give us a call. We will show you how to comparison shop, so you can find a mortgage loan that works for you!
Indigo Mortgage is a locally owned and operated company, serving homebuyers in Albuquerque, Rio Rancho, Santa Fe and all across New Mexico. For questions about selecting a mortgage lender, contact Indigo Mortgage in Albuquerque at (505) 836-5700. Indigo Mortgage offers five mortgage divisions including Residential, VA Loans, Reverse Mortgages, Construction and Commercial. They are licensed by the Nationwide Mortgage Licensing System (NMLS #188348), and can provide loans anywhere in New Mexico.