One of Albuquerque's Most Trusted Mortgage Lenders

hot air balloon festival in Albuquerque

Call Albuquerque’s Home Loan & Mortgage Refinancing Experts

For those not familiar with the mortgage industry, the process of getting a home loan can seem overwhelming. To be sure, mortgage lending is complex, but the Academy team endeavors to make the process smooth and easy for all our clients.

The sheer number of home loans available to Albuquerque residents can be dizzying. As your local mortgage expert, Academy commands a thorough mastery of all the home loan programs so that we can match each customer to the ideal one for them.

Many potential Albuquerque homeowners fear that they may not qualify for a mortgage, because their credit isn’t stellar, their wages are low or they have little money saved up for a down payment. They are thrilled when they learn these are not always disqualifiers! We work hard to help more Albuquerque residents become homeowners. Even if you are not approved on your first try, we can tell you what you need to do to improve your chance of gaining approval next time.

We’re your partner in your journey to homeownership. We Inspire Hope, Deliver Dreams and Build Prosperity.

 
 

Our Home Loan Options

Homebuyers in Albuquerque have many types of home loan options available to them. Each has different requirements and is serves a variety of demographics. The average homebuyer may not know about all the programs, or which one is right for them.

But that’s OK, because that’s what the experts at Academy are here for. Our mortgage lenders look at your finances and your background in order to match you with a great home loan option for you.

Placeholder

Fixed-Rate and Adjustable Rate Mortgages

Understanding the pros and cons of a fixed-rate mortgage vs. an ARM can be confusing. Our experts in Albuquerque help you decide what will work for you.

Find out more today.

Placeholder

FHA LOANS

Low income? Less-than-perfect credit? These factors don’t necessarily disqualify you from being a homeowner in Albuquerque. Ask our mortgage lenders about FHA Loans.

Get more info here.

Placeholder

State Housing Agency Loans and DPA Programs

If you don’t have money saved up to buy a house, you may be eligible for a Down Payment Assistance Loan. Talk to our mortgage lenders about how to qualify.

Read more here.

Placeholder

USDA Loans

Would you consider living in a rural location outside of Albuquerque? If so, you may qualify for a special USDA Loan. The Academy team can explain how to apply for this loan.

Read more here.

Placeholder

Conventional Mortgages

If you have a good credit score and money saved up for a down payment, you’re a top candidate for a Conventional Loan. See our mortgage lenders about qualifying.

Find out about its benefits here.

Placeholder

VA Loans

Veterans and surviving spouses of veterans may be eligible for a VA Loan in Albuquerque. The mortgage lenders at Academy can see if you qualify for this program.

Learn if you qualify today.

Placeholder

Renovation Loans

Home renovations are an investment, but they can be costly. Ask our mortgage lenders about how to qualify for a Renovation Loan for your Albuquerque property.

Find out if you qualify.

Placeholder

Refinance Loans

Albuquerque homeowners can save significantly on their mortgage with a Refinance Loan. Get lower monthly payments or a shorter term. Ask our lenders how today.

Read more here.

Placeholder

Jumbo Mortgages

If you have your heart set on a large or pricey property in Albuquerque, you may need a Jumbo Mortgage to finance the sale. Our mortgage experts can take you through the process.

Read more here.

Placeholder

Reverse Mortgages

If you’re a senior who’s struggling to pay expenses every month, a Reverse Mortgage can help. Call us to find out how this program for those 62 and over works.

Learn more today.

Placeholder

First-time Homebuyer Loans

Those looking to buy their first home in Albuquerque may be eligible for lots of perks, including 0 down. Contact us for more details.

Read more here.

Refinance Your Albuquerque, New Mexico Mortgage

Refinancing your Albuquerque home can save you thousands over the life of the loan on your mortgage. Certain factors must be in play for this move to work, however, so it’s best to consult the experts first. Our mortgage lenders can look at your financial situation and help you decide if mortgage refinancing is right for you now.

The main reason Albuquerque homeowners come to our lenders to inquire about mortgage refinancing is a drop in the interest rate. If the current interest rate falls even 1% below the interest rate you got when you took out your mortgage, you can save a lot of money by refinancing.

If you keep your mortgage term the same when you refinance, you will likely have smaller monthly payments. If you extend the term, you monthly payments will shrink even more.

Why Refinance Your Mortgage?

If you decide to shorten the term, your payments will increase, but you will be done making them years earlier, potentially saving thousands of dollars over the life of the loan.

For various reasons, you may have opted for an adjustable-rate mortgage when you first bought your home. When you refinance, you can take this opportunity to switch to a fixed-rate mortgage if you wish. Many homeowners prefer the stability of this type of mortgage.

Yet another option that might be available to you is to get cash back from your mortgage refinance. This can help you through a tough financial time, or you can use the money to fund a needed purchase, such as a new car.

Come talk to the experts at Academy today to see if now is the right time for you to refinance your mortgage.

Why Choose Us?

It’s a fact that mortgages are about numbers, but they’re more than that. Buying a home for your family is an emotional endeavor. At Academy, we get that. We help Albuquerque residents realize their dream of homeownership every day, and their happiness is what fuels our job satisfaction. We’re knowledgeable, professional experts in our field, but we’re also familiar faces in the community. Our customers trust us, and we’re there for them every step of the way. To find out how you can become an Albuquerque homeowner, talk to us today.

 

CONTACT US for more information about Academy Mortgage, your 1st CHOICE Home Loan Lender!


Get More Information Ready to Apply?

 

Corp State Lic NM #01451