Options for Financing Your Home Purchase in Albuquerque, New Mexico

With many types of home loans available, knowing which is right for you can be confusing. Since 2000, Infiniti Mortgage, LLC has helped clients finance the purchase of their dream home — we can take the confusion out of the equation.

Types of Mortgages Available

Home mortgages exist for nearly every family and financial situation. Eligibility requirements also change from loan type to loan type.

Conventional Mortgages VA Loans and VA Jumbo Loans FHA Loans
Mortgage Type Standard loans usually with 15-, 20-, 25- or 30-year fixed terms Home loans issued by the Office of Veterans Affairs (VA). Home loans issued by the Federal Housing Administration (FHA) for first-time homebuyers and home buyers with imperfect credit
  • Fixed-rate or adjustable-rate
  • Adjustable- or fixed-rate
  • Lower interest rates and closing costs than other types of home loans
  • Fixed- or adjustable-rate

Eligibility Criteria

  • Excellent credit
  • Money for a down payment
  • Active-duty service member or veteran, honorably discharged
  • OR qualifying spouse
  • Certificate of Eligibility (COE)
  • At least 2 years of employment
  • A credit score above 620
Down Payment Required Yes No Yes

Refinance loans are also available for those interested in renegotiating the terms of their loan. Refinance options include: FHA and VA refinance and Streamlined VA and FHA refinance and conventional refinance.

Finance Your Purchase with Help from a Trusted Albuquerque Mortgage Broker

If you want to make your dream of homeownership a reality, contact Infiniti Mortgage, LLC today. We strive to help you find the loan that works for you.