Purchasing a home can be complicated, especially in today’s market, but it doesn’t have to be. The Indigo Mortgage New Mexico team is here to tell you why you should shop locally for a mortgage lender when purchasing your next home. In the mortgage market, not all loan transactions are simple purchases or refinances. In
For twenty years, Indigo Mortgage has served New Mexico and the Albuquerque metro area. Now that we are coming into a new year, here is a brief history of Indigo Mortgage. Most people don’t know that Ben started Indigo Mortgage in his garage twenty years ago with his wife, brother, and a friend from church.
A home purchase is a huge financial commitment. When it comes to finding the right mortgage lender, it pays to shop around, but what questions should you ask? Indigo Mortgage New Mexico is here with tips on how to shop for your mortgage. At Indigo Mortgage, we always advise borrowers to shop their mortgages. Rates
Purchasing a home can be a huge undertaking. The current housing market is booming, with homes selling faster than buyers can put in offers. At Indigo Mortgage New Mexico, we urge buyers to shop local when it comes to your home loan; here’s why. The team at Indigo has always encouraged borrowers to shop around
Purchasing a home is a huge financial commitment. When it comes to finding the right mortgage lender, it pays to shop around. Some buyers are unaware of what’s going on in the current housing market. The number of mortgage loan applications has significantly dropped for lenders in the past few weeks. This means lenders are
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
The rising Mortgage interests rates we’re seeing in mid-2022 mean that its more important now than ever for Veterans to shop their mortgage around to get the best VA Mortgage. There are still some bad actors out there taking advantage of veterans and charging high interest rates and very high fees. As we’ve mentioned recently,
Always ask your mortgage lender about origination and discount points to make comparing mortgage offers easier. Mortgage rates are still at historic lows, but all lenders are not equal in how they offer those low rates. It’s important to not only get the best or lowest interest rate available but more importantly to know what
Don’t reward bad lenders. Many mortgage borrowers in this market have heeded our call to shop their mortgage around, especially when dealing with that “quick in pocket-sounding lender” or that VA lender that is supposed to “unite” veterans. They call us because they want to compare offers to see if they are getting a good
In today’s mortgage market, whenever one lender pulls a credit report on a borrower, the credit bureaus (Experion, Equifax and Transunion) then sell that borrower’s information to unscrupulous internet lenders who then try to solicit borrowers already in a mortgage application with another lender. At Indigo Mortgage, we call these internet lenders “bottom feeders”. Here’s