The construction division at Indigo Mortgage has grown over the last few years and we are able to offer a wide range of excellent loan programs. We have the one time close conventional loan with 5% down and the VA one time close loan with zero down. Both of these programs will include paying for
At Indigo Mortgage in New Mexico, we strive to educate borrowers on the options available. If you or someone you know is interested in building their dream home from scratch, we are here to help! Here’s what we think you should know about one-time close (OTC) construction loans. Just recently, United Wholesale Mortgage, now the
Many borrowers who are having a home built, either with a New Mexico custom builder or even with one of the national builders, are waiting for their home to be completed before they can lock in a permanent interest rate. They are at the mercy of the mortgage rates of the future. And with the
In today’s real estate market with very limited homes for sale, many New Mexico borrowers are choosing to build a home and take out a construction loan to do so. Many homebuyers aren’t familiar with construction loans so let’s look at them today. Indigo Mortgage has been offering construction loans since our inception in 2003
In today’s tight housing market, homeowners who are looking for a larger home or an updated home may find Rehab Mortgage Loans a better solution than selling their current home and purchasing a new home. A rehab loan lets you bundle your current mortgage with the home improvement cost rolled into one loan. Rehab mortgage
Building your own home instead of buying an existing home, allows homeowners a lot of flexibility. Building allows homeowners to live in a home that’s custom to their lifestyle, preferences and needs. However, if it’s your first time building a home, you may have some questions about financing. At Indigo Mortgage, we have been helping