Our company president, Ben Lucero, loves to share stories when our customers shop for a mortgage.
Last week, a realtor called Indigo Mortgage and said one of her clients was quoted an interest rate of 5.75% on a Federal Housing Administration purchase loan. She thought that was way too high and we suggested her client give us a call. Indigo Mortgage was not only able to give this borrower a rate that was below five percent but also saved her $1,350 in lender fees.
We also had a veteran with perfect credit call Indigo mortgage who was working with a national online mortgage lender and was getting a rate of 5.25%. Indigo Mortgage was able to get this veteran a rate in the mid four percent range and cut his fees by about $1800!
We’ve also had three different borrowers reach out to Indigo Mortgage regarding Reverse mortgages. They said that the lenders they were speaking to were pushy and would not answer their questions. We consulted with them and answered their concerns and we were able to save them a few thousand dollars in closing costs! For any questions about your mortgage in Albuquerque or New Mexico please shop around for a mortgage and don’t assume the lender you are working with is offering you the best deal available.
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.