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
Tag: new mexico home loans
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.
What’s better than buying a home? Having your dream home built for you. In today’s housing market, many borrowers choose to have their homes custom-built. These borrowers are often taking out construction loans to do so. Construction loans can be different than your typical home loan. The team at Indigo Mortgage is here to help
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
Homes in New Mexico are selling fast. Home interest rates are significantly higher in the current housing market than in the past. Here’s what you need to know, according to the team at Indigo Mortgage. Today, rates on conventional home loans are in the upper six and low sevens, which is nowhere near the low-interest
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
In today’s housing market, home interest rates are steadily rising. Due to the increased interest rates, some homeowners may choose adjustable-rate mortgages (ARMs) over traditional fixed-rate mortgages. The experts at Indigo Mortgage in New Mexico can help you better understand which home mortgage type is best for you. An adjustable-rate mortgage (ARM) is when the
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
As your local Albuquerque mortgage lender, Indigo Mortgage knows how important it is to communicate with all of the parties involved in your home buying process. You have a seller, a buyer, two realtors, and a title company, in addition to the lender. All of those parties need frequent contact with the lender to get
Solar panels installed on or around homes have grown in the New Mexico region, which is positive. The negative part of solar panels is that most Albuquerque homeowners don’t realize that when they finance or lease these panels, it affects their home’s title and is considered a second mortgage. At Indigo Mortgage, we want to