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
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,
At Indigo Mortgage, we understand how challenging it can be for self-employed borrowers to qualify for a traditional mortgage. Standard loans often require tax returns to verify income, but for many business owners, freelancers, and contractors, those documents may not reflect their true earning potential due to business expenses and tax deductions. That’s why we
With mortgage rates beginning to drop, many homeowners are considering refinancing. But with so many options available, how do you choose between an internet lender and a local mortgage broker? While the convenience of online lending might seem appealing, there are significant advantages to choosing a local mortgage broker like Indigo Mortgage. Let’s break it
The Value of Reverse Mortgages Reverse mortgages can be a beneficial financial product for many seniors, providing them with additional income during retirement. However, a national consumer advocacy group has recently issued a warning for borrowers to proceed with caution when dealing with reverse mortgage lenders. Many are not receiving the full truth about these
Understanding Trigger Leads Trigger leads are a controversial practice in the mortgage industry, often referred to as “bottom feeders.” When lenders like Indigo Mortgage pull a credit report for a prospective borrower, credit bureaus immediately sell that borrower’s information to third-party lenders. This results in an overwhelming influx of calls, emails, and texts from these
In today’s real estate market, there’s limited inventory for people to “trade up” in the size or location of their home. High interest rates also discourage many homeowners from selling, as they would need to purchase a new home at a higher rate. As a result, some homeowners are choosing to stay in their current
Recently the team at Indigo Mortgage has had feedback from several local real estate agents who have said they really don’t like working with big national lenders like the “Pocket” sounding company or that Veterans Divided VA home loan lender. The number one reason they give is that those large national mortgage lenders are not