Buying a home is a big decision made of a lot of small ones. Which loan. How much down. Which side of town. What to offer. Most of the stress comes from not knowing what is next.
So we tell you what is next. Before you tour a single house you will know roughly what you can spend, what your payment looks like, and what the whole process costs. Then we go find the home.
A short conversation tells you what you can borrow and what the payment will be. It costs nothing and it comes first.
Bedrooms, schools, yard, commute. We help you sort the must-haves from the nice-to-haves so the search stays focused.
We line up showings around your schedule and point out what the listing photos leave out.
We look at what similar homes actually sold for, write an offer that makes sense, and negotiate it for you.
An inspector checks the house. The lender’s appraiser confirms the value. If something comes up, we negotiate the fix.
You sign, the loan funds, and the keys are yours. We are with you at the table.
A lender is answering one question: can you comfortably make this payment? They look at four things.
Get pre-approved, not just pre-qualified, before you make an offer. It means a lender has checked your documents, and sellers take it seriously. We are happy to introduce you to local lenders we trust.
You do not need 20 percent down. A lender will tell you which of these fits.
The standard loan. As little as 3 percent down for qualifying first-time buyers.
3.5 percent down with a credit score of 580 or higher. Flexible on credit.
For eligible veterans and service members. No down payment, no monthly mortgage insurance.
No down payment in eligible rural areas, with income limits. Common outside city limits.
Move the numbers until the monthly payment feels right. Then you know your price range.
Estimate only. Dynamic Properties of New Mexico is a real estate brokerage, not a lender. A licensed loan officer can give you exact figures. Enter today’s rate from your lender; taxes and insurance vary by property.
A starting point. We can show you any home for sale in the area, not only ours.
For Sale
3307 Riverside Dr Roswell, NM 88201
$435,000
For Sale
1701 Portales Road Roswell, NM 88201
$150,000
For Sale
2904 S Lea Avenue Roswell, NM 88203
$185,500
For Sale
4100 N Atkinson Avenue Roswell, NM 88201
$325,000
For Sale
107 N 2nd Street Carlsbad, NM 88220
$214,900
Buyer Questions
Less than most people think. VA and USDA loans can be zero down. FHA is 3.5 percent with a 580 credit score. Conventional loans start at 3 percent for qualifying first-time buyers. Down payment assistance may also be available through Housing New Mexico.
Plan for roughly 2 to 5 percent of the loan amount, covering lender fees, title, and prepaid taxes and insurance. In some deals the seller agrees to pay part of them. We will tell you when that is worth asking for.
Once your offer is accepted, a financed purchase commonly closes in about 30 to 45 days. The search before that is as long or as short as you need it to be.
We recommend one on every purchase, including new construction. An inspection is the cheapest way to find an expensive problem before it is yours.
Before we tour homes together, we will sit down and go over a written buyer agreement that spells out what we do for you and how we are paid. No surprises later.
Dynamic Properties of New Mexico is a real estate brokerage, not a lender. Loan programs, rates and requirements change and vary by borrower. A licensed loan officer can confirm what you qualify for.