New Mexico Mortgage Finance Authority loans are not just for 1st time Home buyers any more!

In the past the program has helped first time homebuyers  or Hero’s in our community to achieve their dreams of homeownership.  Effective 10/1/15, NM MFA are totally redesigning their single family program into a couple options that will simplify the process and allow more families to have flexible financing options available to purchase a home.   Here’s what those…

Mortgage Pre-Approval

It’s also beneficial to find out what loan amount and sales price you qualify for before you start looking at homes.   If you’re interested in getting pre-approved, click here to get started.   Not ready yet, but have a few questions and want to learn more about the process?  Please check out our website for a variety of information to…

First Time Home Buying

You can rest assured that the First Mortgage Company team is here to help you through the entire process.  Please visit our website to learn the Terminology associated with buying a home, What Happens in the Loan Process, What Types of Loans are available, and other helpful hints as you embark on this new adventure!    If you’re…

Mortgage News – July 2015

Mortgage News – July 2015 It’s half way through 2015 and time to take a look at where mortgage rates are.   As expected they have drifted higher, but a bit higher than most expected by this time of year.   Mortgage rates increased .50 in rate over the last six months.  This was expected, but not until perhaps…