Many homeowners are sitting on significant equity in their homes. While it’s tempting to refinance and cash out for purposes like home improvements, bill consolidation, college tuition, or investments, refinancing may not be the best option—especially if your first mortgage has a low interest rate. A second mortgage could be the ideal solution. With a

It’s a sad truth that some big-name VA lenders, despite their patriotic marketing, often overcharge veterans with high rates and excessive fees. At Indigo Mortgage, we’ve reviewed offers from these national VA Loan companies and have seen shocking discrepancies—sometimes our VA rates are a full percentage point lower, saving veterans tens of thousands over the

As mortgage rates start to decline, many borrowers naturally aim for the lowest rate possible when refinancing. While this instinct makes sense, it’s crucial to look beyond just the rate. Focusing solely on securing the lowest rate without considering the costs involved can lead to costly mistakes. At Indigo Mortgage, we advise borrowers to take

Veterans and VA borrowers often trust lenders to provide fair mortgage terms, but not all lenders operate with the borrower’s best interests at heart. At Indigo Mortgage, we’ve seen countless cases where borrowers unknowingly accept higher rates and fees—only to find out later they could have gotten a much better deal elsewhere. That’s why we

Why Are Second Mortgages the Most Popular Mortgages in Today’s Market? As mortgage rates have doubled from historic lows, second mortgages have become the go-to option for homeowners looking to access their equity. Over the past few years, many homeowners locked in exceptionally low rates during the refinancing boom. At the same time, rising property

How a Mortgage Broker Can Benefit Borrowers Buying or Refinancing The first thing to remember about a mortgage broker is that a broker is local. At Indigo Mortgage, we live, work, and support the Albuquerque area and communities across New Mexico. As brokers, our role is to be 100% on the side of the borrower,

A recent independent national survey sheds light on VA loan interest rates and closing costs, revealing surprising differences between national lenders and smaller, local lenders. For veterans, these findings underscore the importance of shopping around, particularly with local mortgage brokers, to avoid paying more than necessary. Here’s what veterans should know based on this insightful

As mortgage interest rates begin to dip, more homeowners and potential buyers are eager to take advantage of favorable rates. However, borrowers must choose their mortgage lender carefully to truly benefit. Opting for a local mortgage broker instead of a national lender can save borrowers from hidden fees and ensure a smoother, more personalized experience.

For veterans seeking a home loan, a VA mortgage offers a range of benefits and flexibility that make homeownership more accessible. At Indigo Mortgage, we’re dedicated to helping veterans take full advantage of the great opportunities provided by VA loans. Here’s a look at the options available, including recent updates, that make VA loans even

As VA mortgage rates start to drop, veterans across the country are being aggressively targeted by lenders pushing them to refinance. From online offers to mailers and phone calls, veterans with home loans above 6% are inundated with enticing refinance opportunities. While this might seem appealing, we want to offer a word of caution before