Category Archives: Financing

How To Find The Perfect Vacation Home In Angel Fire New Mexico

  Many people call Angel Fire home all year round, but this is also the absolute perfect location to shop for a vacation home. This area of New Mexico is gorgeous and offers year-round outdoor adventures and a small, friendly

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How Financial Prudence Is Costing Millennials

posted by: Dawn in: Buyers, Financing, Tips

Millennials, in general, are lacking in credit, but it’s not because they don’t have the means to buy things. It’s the opposite, actually. Millennials, in general, don’t take on unnecessary debt. With the exception of college loans, they simply wait

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3 Main Reasons An Appraiser Could Call For Repairs

posted by: Dawn in: Buyers, Financing, Sellers

Sometimes appraisers call for repairs in the appraisal. There are a small handful of reasons why an appraiser might call for repairs. Here are the typical three main reasons why an appraiser could call for repairs in the appraisal. If

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Net Tangible Benefit Standards To Cash-Out Refi VA Loans

Net Tangible Benefit (NTB) standards apply to all cash-out refinancing VA backed loans. The standards consist of three things: a NTB test, Loan Comparison, and Home Equity Disclosure. This blog post is for all the veterans, reservists, and active duty

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New Mexico VA Loan Limits For Zero Down Home Loans

Thanks to Kirtland Air Force Base, Holloman Air Force Base, Cannon Air Force Base, White Sands Missile Range, and Fort Bliss, there are actually many military-related jobs and many veterans in New Mexico. The veteran population in the state is

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Will The FICO Score 9 Help You Get Approved For A Mortgage?

posted by: Dawn in: Buyers, Financing

If you’re thinking of buying a new home in Angel Fire, New Mexico, you probably know what a FICO score is. It’s your credit score that lets lenders know how risky it is to lend money to you. Most mortgages

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How Much Does The New Mexico Homestead Exemption Protect?

posted by: Dawn in: Buyers, Financing, Tips

New Mexico offers a homestead exemption to protect residents from homelessness as a result of debt. Covered by New Mexico statute § 42-10-9, the homestead exemption works for homeowners and renters. So, as long as the person owns, leases, or is in the

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VA Loan Information - Angel Fire Homes for Sale

VA Loans: What You Need to Know

posted by: Angela Johnston in: Buyers, Financing

If you’re like many people looking for the perfect house for sale in Angel Fire, Red River or Mora, you’ve probably heard of VA loans – but what are they, and are you eligible for one? What is a VA

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