In today’s competitive real estate market, many prospective homeowners are finding it increasingly difficult to locate existing homes that meet their needs. With rising home prices and limited inventory, more and more borrowers are turning to construction loans as a viable alternative. Instead of settling for a property that doesn’t check all the boxes, they’re

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

Buying a home from a relative or inheriting a property can be a complex process, but working with a local mortgage lender like Indigo Mortgage can make all the difference. Unlike national or out-of-state lenders, a local lender understands the unique challenges that come with these transactions and will take the necessary time to guide

In today’s mortgage market, there are several options for down payments on a home purchase. A local lender like New Mexico’s Indigo Mortgage can find the right type of loan and almost always, can be the terms and closing costs of other lenders. At Indigo Mortgage, we have our 100% financing option called Indigo Bright

If you’re self employed and preparing to purchase a home, you might find that some mortgage processes are harder for you. Some lenders are hesitant to loan hundreds of thousands of dollars to a self-employed business owner, especially if your company is not very old. At Indigo Mortgage, we have access to mortgage loans that

The mortgage industry is changing, and not always for the better. According to a recent J.D. Power survey, overall satisfaction with mortgage lenders saw a significant decline in 2024. The primary reason? An over-reliance on digital tools and virtual processes that leave borrowers feeling disconnected and unsupported during one of the biggest financial decisions of

When you’re in the market for a new mortgage or to refinance your loan, or even if you’re about to purchase a new vehicle, there’s something important you should know: The instant that a mortgage broker or any lender pulls your credit as part of that application process, the major credit reporting bureaus (Experian, TransUnion,