NM Mortgage Broker
Find a New Mexico (NM) mortgage broker. We have access to several NM mortgage lenders who are competing for your business. Let us do the shopping for you.
New Mexico Loan Facts
- Community Property State - Since New Mexico is a community property state, you must include the liabilities of both the husband and the wife when calculating debt-to-income ratios for a New Mexico mortgage. You can still do a loan in one name, however, you must include the liabilities of both the husband and the wife.
- Low Closing Cost State - HUD has determined certain states to be high closing cost states and others to be low closing cost states. New Mexico is classified as a low closing cost state due to lower than normal title fees and other closing fees.
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