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Review Keywords Analysis

  1. United States
  2. Best Mortgage Brokers
  3. Mortgage Brokers in New Mexico
  4. Albuquerque
  5. Mortgage Affordability Calculator
1 · Your income
2 · Down payment
3 · What you can afford
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Mortgage Affordability Calculator Albuquerque, NM

How much house can you afford in Albuquerque? See your maximum price, monthly payment and pre-approval estimate. Free, instant, no credit check.

Updated · current rates and lending limits

Add your partner's income if you're buying together.

Car loans, credit cards, lines of credit, student loans. Not rent.

Property tax are for this state.

An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.

Top-rated mortgage brokers in Albuquerque

Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →

1

Jason Pike at Waterstone Mortgage NMLS #471725

With over 35 years of experience and a focus on Conventional, VA, and FHA loans, this mortgage team serves homebuyers in New Mexico, Arizona, and Colorado. They provide educational resources and tools to help clients understand their options, and customers appreciate their clear communication and smooth application process.

View Profile
(505) 828-9400
Open 9:00 AM - 5:00 PM
6733 Academy Rd NE Ste A, Albuquerque, NM 87109
2

New Mexico Mortgage Advisors

New Mexico Mortgage Advisors focuses on guiding clients through the mortgage process with clear communication and professional support. They assist with loan applications and securing competitive interest rates. Customers appreciate the smooth experience, though some note the paperwork can feel extensive, especially for first-time buyers.

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(505) 898-4800
Open 9:00 AM - 5:00 PM
4811 Hardware Dr NE Ste B-1, Albuquerque, NM 87109
3

Guild Mortgage - Rosa Izzi

Guild Mortgage - Rosa Izzi specializes in guiding clients through mortgage loans, including first-time homebuyer programs like the 1W2. The team handles complex applications with a straightforward approach, making the process smoother despite occasional challenges. Customers appreciate their clear communication and supportive service.

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(505) 899-5626
Open 8:00 AM - 5:00 PM
5941-a Jefferson St NE, Albuquerque, NM 87109
4

Indigo Mortgage

Indigo Mortgage is known for guiding clients through complex mortgage processes with clear communication and personal attention. The team helps with home loans and refinancing, often praised for responsiveness and finding competitive rates before closing. Some customers note that support after closing can be harder to reach.

Services & Prices
Home Purchase Loans Quoted per loan
Refinancing Quoted per loan
VA Loans Quoted per loan
View Profile
(505) 836-5700
Open 8:00 AM - 5:30 PM
5501 Eagle Rock Ave NE Bldg B, Albuquerque, NM 87113
General Services
Mortgage Services
5

Premier Choice Mortgage

Licensed to operate in Colorado and New Mexico, Premier Choice Mortgage offers a variety of loan options, including VA and FHA programs, through an accessible online platform. Customers appreciate the team’s responsiveness and clear communication, which help make the mortgage process straightforward and supportive. Some find the online focus less personal, but the staff’s expertise is widely… more...

Licensed to operate in Colorado and New Mexico, Premier Choice Mortgage offers a variety of loan options, including VA and FHA programs, through an accessible online platform. Customers appreciate the team’s responsiveness and clear communication, which help make the mortgage process straightforward and supportive. Some find the online focus less personal, but the staff’s expertise is widely recognized.

Services & Prices
VA Loans Quoted per loan
Conventional Loans Quoted per loan
FHA Loans Quoted per loan
View Profile
(505) 830-9685
Open 8:00 AM - 5:00 PM
6330 Riverside Plaza Ln Ste 175, Albuquerque, NM 87120
General Services
Home Loan Services
Where they are 10 on the map Click a pin for the profile and directions
6

Luke Ham - VanDyk Mortgage Corporation

VanDyk Mortgage Corporation offers transparent mortgage guidance and works to find competitive rates that fit clients’ budgets. The team supports customers throughout the often complex home buying process, providing timely communication and availability when needed. Some clients note occasional challenges when third parties are involved, but appreciate the consistent support.

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(505) 833-1633
Open 9:00 AM - 5:00 PM
8210 Louisiana Blvd NE STE C, Albuquerque, NM 87113
7

Waterstone Mortgage - Albuquerque, NM

Waterstone Mortgage is known for its responsive and clear communication, helping clients navigate the mortgage process with confidence. The team assists with various mortgage needs, keeping the process straightforward and efficient. Some clients note the pace can be brisk but appreciate the support through closing.

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(505) 888-4663
Open 9:00 AM - 5:00 PM
6733 Academy Rd NE Ste A, Albuquerque, NM 87109
8

Vision Mortgage Group

With over 17 years of experience, Vision Mortgage Group connects clients to a broad network of lenders, offering competitive rates on home purchases, refinances, FHA, and VA loans. The team is known for clear communication and personalized support throughout the mortgage process, helping borrowers feel informed and confident.

Services & Prices
Home Purchase Loans Quoted per loan
Refinancing Quoted per loan
First-Time Homebuyer Assistance Quoted per loan
View Profile
(505) 884-7283
Open 9:00 AM - 5:00 PM
4901 McLeod Rd NE Ste C, Albuquerque, NM 87109
General Services
Mortgage Services
9

Guild Mortgage Company

Guild Mortgage offers personalized mortgage solutions with a focus on clear communication and client support throughout the loan process. Their team assists with a variety of home financing options, and many customers appreciate their responsiveness and guidance. Some clients have noted occasional challenges with communication and advice.

Services & Prices
Home Purchase Loans Quoted per loan
Refinance Loans Quoted per loan
VA Loans Quoted per loan
View Profile
(505) 296-4747
Open 8:00 AM - 5:00 PM
6723 Academy Rd NE, Albuquerque, NM 87109
General Services
Loan Services
10

Guild Mortgage Company

Guild Mortgage has been helping homebuyers since 1960, offering a wide range of loan programs including VA, Jumbo, USDA, and renovation loans. Their team provides local processing and personalized guidance to navigate the mortgage process. While many clients appreciate the clear communication and support, some have noted inconsistent follow-up from certain teams.

Services & Prices
Home Purchase Loans Quoted per loan
Refinancing Quoted per loan
VA Loans Quoted per loan
View Profile
(505) 899-5626
Open 8:00 AM - 5:00 PM
5941-A Jefferson St NE, Albuquerque, NM 87109
General Services
Mortgage Services

Albuquerque Mortgage Statistics

Home-purchase lending in Bernalillo County and home costs in Albuquerque, NM (latest HMDA and Census data)

Lenders made 7,523 home-purchase loans in Bernalillo County in 2025 (average about $550,000) and denied 1,028 — 12% of decided applications, compared with 20% across New Mexico, according to federal mortgage data (HMDA, CFPB). In Albuquerque, the median home is worth $291,500 and 64% of owners have a mortgage, paying a median $1,604 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
7,523▼ 2%7,694 in 2024
Denial rate
12%NM 20%
Median home value
$291,500NM $248,100
Monthly cost with a mortgage
$1,604median · NM $1,564
Refinance loans made (Bernalillo County, 2025)
4,136 · 3,041 in 2024
Home-improvement loans made (2025)
1,202
Average home-purchase loan
$550,000 (NM $384,000)
Owners with a mortgage
64% · 28% of them spend 30%+ of income on housing
Median household income
$68,317 (NM $64,059)

Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in Bernalillo County (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.

Albuquerque Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 Jason Pike at Waterstone Mortgage NMLS #471725 5.0 311 — (505) 828-9400 Visit
2 New Mexico Mortgage Advisors 5.0 272 — (505) 898-4800 Visit
3 Guild Mortgage - Rosa Izzi 5.0 206 — (505) 899-5626 Visit
4 Indigo Mortgage 4.7 191 Quoted per loan (505) 836-5700 Visit
5 Premier Choice Mortgage 5.0 156 Quoted per loan (505) 830-9685 Visit
6 Luke Ham - VanDyk Mortgage Corporation 4.8 147 — (505) 833-1633 Visit
7 Waterstone Mortgage - Albuquerque, NM 4.8 128 — (505) 888-4663 Visit
8 Vision Mortgage Group 5.0 120 Quoted per loan (505) 884-7283 Visit
9 Guild Mortgage Company 4.2 37 Quoted per loan (505) 296-4747 Visit
10 Guild Mortgage Company 3.5 24 Quoted per loan (505) 899-5626 Visit

How this Albuquerque mortgage affordability calculator works

Lenders look at your debt-to-income ratio. Housing costs (principal and interest, property tax, homeowners insurance and mortgage insurance) should stay under about 31% of your gross monthly income, and housing plus your other monthly debts under 43%. The calculator finds the highest home price that passes both tests with your down payment, on a 30-year fixed loan.

New Mexico rules and numbers this calculator uses

Debt-to-income
31% for housing and 43% total, the FHA standard and the long-time Qualified Mortgage limit. Some conventional loans go higher with strong credit and savings.
Down payment
At least 3% on a conventional first-time buyer loan (3.5% on FHA). Under 20% down, private mortgage insurance of about 0.6% of the loan a year is added to the payment.
Property tax
About 0.61% of the home's value a year, the New Mexico average for owner-occupied homes (2024 Census ACS).
Insurance
Homeowners insurance assumed at $150 a month; it varies a lot by home and location.
Rate
Starts at 7.40% (Freddie Mac 30-year average, October 2026). Change it to the rate you have been quoted.

An estimate, not a mortgage approval or pre-approval. Your credit, income type, the property and the lender all change the answer; a mortgage broker confirms your real number. Sources: Freddie Mac Primary Mortgage Market Survey (October 2026), U.S. Census Bureau American Community Survey 2024 property tax data, FHA and CFPB debt-to-income guidance.

Frequently asked questions

9 questions
How does the mortgage affordability calculator estimate what I can afford?
The calculator uses your income, debts, down payment, interest rate, and first-time buyer status to estimate the highest home price you can qualify for in Albuquerque.
What is the debt-to-income ratio for mortgage approval in New Mexico?
Lenders generally cap housing costs at 31% of gross monthly income and total debt payments at 43%, following FHA standards.
What is the minimum down payment for a mortgage in Albuquerque?
Minimum down payments are 3% for conventional first-time buyer loans and 3.5% for FHA loans. VA and USDA loans may allow 0% down for eligible buyers.
How does private mortgage insurance (PMI) affect my mortgage?
If you put down less than 20% on a conventional loan, PMI is added, typically 0.6% of the loan per year, and can be removed once the balance is under 80%.
How do interest rates impact how much house I can afford?
Higher interest rates increase monthly payments, reducing the home price you can afford. Rates start at 7.40% in this calculator, reflecting October 2026 averages.
How do my debts affect the mortgage I can qualify for?
Total monthly debt payments, including the mortgage, should not exceed 43% of your gross monthly income to meet typical lender requirements.
What are property taxes like in Albuquerque, NM?
Property taxes in New Mexico average about 0.61% of the home's value annually, based on 2024 data for owner-occupied homes.
What's the difference between mortgage pre-approval and pre-qualification?
Pre-approval involves lender verification of income, debts, credit, and down payment, while pre-qualification is a preliminary estimate without verification.
How can a mortgage broker help me in Albuquerque?
A mortgage broker can connect you with lenders, helping you find mortgage options that fit your financial situation and goals in Albuquerque.

General information, not financial advice — consult a qualified professional.