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2024

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Best Mortgage Refinance Companies in Albuquerque, NM

Our Recommended Top 17

We did the research for you!

  • Licensing
  • User Reviews
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Our goal is to connect people with the best local professionals. We scored Albuquerque Mortgage Refinance Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

289Reviewed

180Curated

17Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

9680 Eagle Ranch Road, Albuquerque, NM 87114
WebsiteLicense: 195794

Expertise.com Rating

Review Sources

Google
5.0 (80)
Yelp
5.0 (6)

Why choose this provider?

Financial Mortgage Solutions is a local company operating in Albuquerque. It assists clients in purchasing a new home or refinancing by offering a wide range of mortgage programs including FHA, USDA, jumbo, conventional, and reverse loans. Its team of professionals provides information to help clients determine their mortgage needs and decide from a wide selection of home loan options. The company's owner, Brian Mozley, started the company in 2006 and loves being a part of the Albuquerque community.

  • NMLS #: 39166

4901 McLeod Rd NE # C, Albuquerque, NM 87109
WebsiteLicense: 212022

Expertise.com Rating

Review Sources

Google
4.9 (119)
Facebook
5.0 (5)
Yelp
5.0 (4)

Why choose this provider?

Vision Mortgage Group serves homeowners in Albuquerque. Its team assists clients with refinancing their mortgage so that they can have lower interest rates and reduced monthly payments. The company can also combine two mortgages to help reorganize a homeowner's finances. For people who are buying a new property, its team provides various loan types, including fixed-rate, VA, and FHA mortgages. Company owner Mo Marwan has more than 20 years of experience in the financial sector.

  • Commercial Loans

8421 Osuna Rd. NE, Albuquerque, NM 87111
WebsiteLicense: 440888

Expertise.com Rating

Review Sources

Facebook
5.0 (6)

Why choose this provider?

Tom Gellhausen offers refinancing options to residents of Albuquerque. The team assists homebuyers in lowering their mortgage payments and obtaining cash out of their home equity. It helps individuals seek less burdensome payment schemes, taking into account their credit scores, the value of the properties, and the varied rates and loan programs available on the market. Tom Gellhausen is a senior loan officer with Hometrust Mortgage. He has two decades of experience in the finance and banking sectors.

  • Reverse Mortgages

4801 Lang Avenue Northeast, Albuquerque, NM 87109
WebsiteLicense: 187935

Expertise.com Rating

Review Sources

Google
4.9 (125)

Why choose this provider?

Infiniti Mortgage, LLC, is a mortgage refinance company that serves clients in Albuquerque. Its team of professional loan officers has decades of experience in the industry, tasked to guide clients in finding the best loan terms and interest rates. The team is well-versed in handling conventional mortgages, refinancing loans, VA loans, and FHA loans. The company has been providing its services to the community since 2000, ensuring a high level of customer satisfaction at all times.

  • NMLS #: 39166

320 Gold SW, Suite 100, Albuquerque, NM 87102

Expertise.com Rating

Why choose this provider?

Jack Bibb serves Albuquerque and the surrounding communities. He provides mortgage solutions for individuals who are looking to purchase homes and want to further their financial goals. Some of the services he offers include home purchasing and refinancing, and cash-out refinance. Bibb is a mortgage loan officer and also the vice president of PrimeWest Mortgage. He has over 40 years of industry experience and he helps clients understand the mortgage process by explaining the ins and outs of securing loans.

  • New Construction

5850 Eubank Boulevard Northeast, Albuquerque, NM 87111
WebsiteLicense: 1797084

Expertise.com Rating

Review Sources

Google
5.0 (59)
Facebook
5.0 (1)

Why choose this provider?

Elite Financial Mortgage is a mortgage refinance company that services clients in Albuquerque. The business helps individuals in selecting the right mortgage loans with the best interest rates. Its team of loan specialists is well-versed in handling a wide range of loan options such as VA, FHA, and USDA. AIO Equity Flex loan and refinance loans are also available. Elite Financial Mortgage is led by Anthony DeNardis who is committed to using advanced technology in delivering quality services.

  • NMLS #: 39166

5501 Eagle Rock Avenue Northeast, Albuquerque, NM 87113

Expertise.com Rating

Review Sources

Google
4.5 (156)

Why choose this provider?

Indigo Mortgage has been offering mortgage refinance solutions to Albuquerque and surrounding areas since starting in 2003. The company is led by husband and wife Ben and Mila Lucero. Its team of loan processors, loan originators, and brokers assists clients in simplifying the process and finding the right program to meet their needs. Indigo Mortgage offers various loan options, such as reverse mortgages VA loans, residential mortgages, and construction loans. Commercial clients can find options for various properties, such as hotels, repair shops, churches, and storage units.

  • Reverse Mortgages
  • NMLS #: 39166

5820 4th Street NW, Albuquerque, NM 87107
WebsiteLicense: 2129645

Expertise.com Rating

Review Sources

Google
5.0 (7)

Why choose this provider?

New Mexico Reverse Mortgage assists Albuquerque residents who need financial aid. This assistance consists of helping clients obtain home equity conversion mortgages (HECMs) which were established in 1988. It counsels individuals on the pros and cons of these HECMs such as the non-recourse clause that limits liability to the value of the home, and the accumulation of interest that carries over to one's heirs. New Mexico Reverse Mortgage provides special accommodations for second world war veterans.

6501 Wyoming Boulevard NE, Suite 1, Albuquerque, NM 87109
WebsiteLicense: 779932

Expertise.com Rating

Review Sources

Facebook
5.0 (53)
Yelp
5.0 (3)

Why choose this provider?

Jim Bakhtiar offers refinancing services to clients living in Albuquerque. Bakhtiar works under the Cardinal Finance banner, assisting prospective homeowners in reviewing their payment options and rate quotes to make the appropriate purchasing arrangements. Factors such as credit ratings, income, and assets are taken into account and clients receive help with each step in the process from preparing any necessary documents to closing deals. Jim Bakhtiar has over two decades of experience in the mortgage industry.

  • Multi-Family Loans

6303 Indian School Road Northeast, Albuquerque, NM 87110
WebsiteLicense: 1850

Expertise.com Rating

Review Sources

Google
4.8 (53)
Facebook
4.5 (16)

Why choose this provider?

New Mexico Mortgage Company provides financial solutions for customers in Albuquerque. Its team of mortgage professionals offers different loan programs for individuals who are planning to purchase a home, consolidating debt, seeking a reverse mortgage, or refinancing an outstanding loan. The team assists in the loan process and helps find the right financial solution that fits the client's needs. New Mexico Mortgage Company has various mortgage options, including conventional, VA, FHA, fixed-rate, and mobile home loans.

  • NMLS #: 39166

4811b Hardware Drive Northeast, Albuquerque, NM 87109
WebsiteLicense: 222955

Expertise.com Rating

Review Sources

Google
5.0 (84)
Facebook
5.0 (8)

Why choose this provider?

NM Mortgage Advisors provides mortgage refinancing services in Albuquerque and the surrounding communities. The company offers refinancing options that aim to meet the financial goals of its clients. Its team of advisors helps clients cash out or get updated terms or rates. Their refinancing programs include FHA cash out, FHA streamline, and FHA 203K. They also assist veterans in VA cash-out and VA streamline programs. For individuals who have properties in rural areas, the firm assists in USDA streamline refinancing.

  • Reverse Mortgages
  • New Construction

5300 Sequoia Road NW, Suite 204, Albuquerque, NM 87120

Expertise.com Rating

Review Sources

Google
5.0 (7)

Why choose this provider?

Change Home Mortgage is a CDFI-certified residential lending agency that has been serving the Albuquerque metro since 1994. It aims to help homeowners decrease their monthly payments and pay off their mortgage loans faster by offering refinancing solutions. The process includes consulting with mortgage advisors and gathering the necessary documents. In addition, the agency provides traditional and non-traditional mortgage loans. Change Home Mortgage was named the Top Mortgage Employer in 2018 by National Mortgage Professional Magazine and has appeared in National Mortgage News.

  • Reverse Mortgages

P.O. Box 6846, Albuquerque, NM 87191

Expertise.com Rating

Review Sources

Google
5.0 (37)
Facebook
5.0 (1)

Why choose this provider?

Alliance Mortgage Solutions LLC. is a business that serves the residents of Albuquerque and its neighboring metros. It offers a wide range of home refinance loan options, including fixed-rate, adjustable-rate mortgage, and conforming. The company also provides jumbo and super-jumbo loans, as well as VA, FHA, and USDA loans. Its president, Alexander Rodgers, has more than two decades’ worth of experience in the financial industry. He is a financial coach and a former Realtor.

  • Reverse Mortgages

6725 Academy Road Northeast, Albuquerque, NM 87109
WebsiteLicense: 249314

Expertise.com Rating

Review Sources

Facebook
4.8 (21)

Why choose this provider?

Legacy Mortgage is a team of loan officers that serves the Albuquerque area. Whether clients need to purchase or refinance loans, they provide assistance in a wide range of programs, from adjustable-rate, jumbo, conventional, and fresh start to VA mortgages. The financing professionals are also knowledgeable of reverse mortgage loans. Legacy Mortgage's advisors are all certified military housing specialists. The company also provides financing solutions to homebuyers and homeowners in Colorado, Arizona, and Texas.

  • Reverse Mortgages
  • NMLS #: 39166

6330 Riverside Plaza Lane, Albuquerque, NM 87120
WebsiteLicense: 222955

Expertise.com Rating

Review Sources

Yelp
3.5 (22)
Facebook
5.0 (19)

Why choose this provider?

Premier Choice Mortgage is an Alburquerque-based brokerage firm that assists residential clients in meeting their financing and loaning needs. The team of loan advisors provides various loan options for clients who are either purchasing a home or refinancing their mortgage. Helping clients find the right program starts with a refinance analysis request that calculates the option most befitting to their criteria. Some of the firm's mortgage programs include jumbo, FHA, USDA, and VA loans, with interest rates that can either be adjustable or fixed.

  • Reverse Mortgages
  • NMLS #: 39166

6605 Uptown Boulevard Northeast, Albuquerque, NM 87110
WebsiteLicense: 254698

Expertise.com Rating

Review Sources

Google
5.0 (2)
Facebook
5.0 (1)

Why choose this provider?

Accurate Mortgage is a mortgage refinance company that services the residents of Albuquerque. The business helps individuals in selecting mortgage loans with interest rates that meet their goals. Its team of mortgage brokers is well-versed in handling a wide range of loan programs, such as USDA, VA, FHA, reverse mortgages, green mortgages, and mortgage refinancing. Programs for new construction developers and owners are also available. The firm is presently led by senior loan officer Victoria Leyba.

  • NMLS #: 39166

3240-B Juan Tabo Blvd NE Suite 3, Albuquerque, NM 87111
WebsiteLicense: 197756

Expertise.com Rating

Why choose this provider?

Global Funding serves clients in Albuquerque. The company walks aspiring homeowners through the process of refinancing their mortgages. It helps them lower their interest rates or convert a portion of their home equity into cash. It also assists individuals seeking to qualify for mortgages backed by the VA. The team at Global Funding has more than five decades of combined experience in banking, IT, and real estate. Company president Drake LeMaster is a U.S. Marine Corps veteran.

  • Reverse Mortgages

Compare our Top Mortgage Refinance Companies

NameExpertise RatingAddressPromotionsLearn more
Financial Mortgage Solutions
9680 Eagle Ranch Road, Albuquerque, NM 87114
Vision Mortgage Group
4901 McLeod Rd NE # C, Albuquerque, NM 87109
Tom Gellhausen
8421 Osuna Rd. NE, Albuquerque, NM 87111
Infiniti Mortgage
4801 Lang Avenue Northeast, Albuquerque, NM 87109
Jack Bibb
320 Gold SW, Suite 100, Albuquerque, NM 87102
Elite Financial Mortgage
5850 Eubank Boulevard Northeast, Albuquerque, NM 87111
Indigo Mortgage
5501 Eagle Rock Avenue Northeast, Albuquerque, NM 87113
New Mexico Reverse Mortgage
5820 4th Street NW, Albuquerque, NM 87107
Jim Bakhtiar
6501 Wyoming Boulevard NE, Suite 1, Albuquerque, NM 87109
New Mexico Mortgage Company
6303 Indian School Road Northeast, Albuquerque, NM 87110
NM Mortgage Advisors
4811b Hardware Drive Northeast, Albuquerque, NM 87109
Change Home Mortgage
5300 Sequoia Road NW, Suite 204, Albuquerque, NM 87120
Alliance Mortgage Solutions LLC.
P.O. Box 6846, Albuquerque, NM 87191
Legacy Mortgage
6725 Academy Road Northeast, Albuquerque, NM 87109
Premier Choice Mortgage
6330 Riverside Plaza Lane, Albuquerque, NM 87120
Accurate Mortgage
6605 Uptown Boulevard Northeast, Albuquerque, NM 87110
Global Funding
3240-B Juan Tabo Blvd NE Suite 3, Albuquerque, NM 87111

FAQs

  • Introduction

    Refinancing a mortgage can be a complicated process, and hiring a mortgage refinancing broker can make it simpler and faster. There are several things you can do to protect your interests and help your broker complete the process for you.

    Check a potential broker’s online reviews to find one with a good reputation. In addition to the opinions of past clients, check to see if a broker has an online portfolio, which can support the reviews you find from past clients to show a broker’s trustworthiness. This can also help you establish if a broker has handled financing for properties similar to yours.

    Get a written summary of a broker’s rates before committing so you know exactly what hiring your chosen mortgage refinance broker will cost. Find out which lenders work with your broker and what information they need to successfully refinance your mortgage.
  • What are the mortgage interest rates in Albuquerque?

    As of August 2023, the five-year adjustable-rate mortgage in Albuquerque is 7.1%, the 15-year fixed rate is 6.013%, and the 30-year fixed rate is 7.056%. An FHA 30-year fixed loan, on the other hand, has a 6.1% interest rate, while a VA 30-year fixed loan has a 5.9% interest rate. These rates are determined by Albuquerque's economic and market conditions, as well as the borrower's down payment, credit characteristics, and equity.

  • How do first-time homeowners in Albuquerque apply for the New Mexico Mortgage Finance Authority's FIRSTHome program?

    To be eligible for the New Mexico Mortgage Finance Authority's FIRSTHome program, first-time homeowners in Albuquerque must complete pre-purchase homeowner counseling, have a minimum credit score of 620, and an annual household income of $86,210 to $99,000. Their properties must also be single-family residences and cannot be used for investment or income generation. In Albuquerque, the New Mexico Mortgage Finance Authority's FIRSTHome program can be used with conventional, USDA, or FHA loans.

  • What documents are required for individuals with debt applying for a mortgage loan in Albuquerque?

    Mortgage loan applicants with debt in Albuquerque must prepare their account numbers, addresses, balances, and monthly payments for current debts, as well as copies of the last three monthly statements. Those paying for family matters, such as child support and spousal maintenance, must submit a court order containing the terms of the obligation in order to apply for an Albuquerque mortgage loan. Applicants who are in debt must also write a check to cover the application fee.

  • Can an applicant use gifts as a down payment for a mortgage loan in Albuquerque?

    Gifts are an acceptable down payment source for a mortgage loan in Albuquerque as long as the giver is a co-borrower or related to the applicant. The mortgage company will require the borrower to provide the name, phone number, and address of the gift giver. It also confirms that the applicant has at least 5% of the property's value in assets and that the gifts have been transferred to their account by obtaining a copy of a deposit slip or bank receipt in Albuquerque.

  • What are the benefits of mortgage refinancing in Albuquerque?

    In Albuquerque, mortgage refinancing can help borrowers improve their credit scores, lower their monthly payments, and use savings to consolidate debt. Refinancing a residential property can convert loans into a fixed-rate mortgage, which can keep monthly payments consistent despite market fluctuations. Mortgage refinancing can also lower interest rates and help you pay off loans faster.

  • How do you refinance a mortgage?

    Decide why you’re refinancing, such as to get a lower interest rate, pay off your loan faster, or to get a lower monthly payment. Share your credit information with your broker along with information about the equity you have in your home. Review your mortgage refinance broker’s quotes and choose the best loan terms.