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Browse mortgage brokers serving Rio Rancho, New Mexico. Contact information and addresses listed below.
5 agents listed
Updated May 2026
Rio Rancho, NM
Important: Listings are compiled from publicly available sources and have not been independently verified by BeforeMortgageUSA.com. We do not endorse any broker or guarantee outcomes. Verify licensing and disciplinary status with the New Mexico before hiring.
Showing 5 mortgage brokers in Rio Rancho, NM
Listings are displayed in no particular order and are not ranked by BeforeMortgageUSA. Order does not constitute a recommendation or endorsement of any broker.
Coldwell Banker Legacy - Rio Rancho
500 Unser Blvd SE, Rio Rancho, NM 87124
5058921000
US Bank Mortgage
3805 19th Ave SE, Rio Rancho, NM 87124
8008722657
Low Cost Mortgage
4527 Peridot Way NE, Rio Rancho, NM 87124
5058910108
Frost Mortgage Lending Group, a Division of Primary Residential Mortgage, Inc.
4131 Barbara Loop SE Ste 1C, Rio Rancho, NM 87124
5053384747
Hard Money Lenders Rio Rancho NM
3791 Southern Blvd SE, Rio Rancho, NM 87124
5055391722
Mortgage brokers in Rio Rancho, New Mexico help home buyers and refinancers find suitable loan products from multiple lenders. They work under New Mexico Regulation and Licensing Department oversight and must follow state mortgage loan originator licensing rules. Brokers can assist with conventional, FHA, VA, and USDA loans for properties in Sandoval County.
What Does a Mortgage Broker in Rio Rancho Cost?
Mortgage broker fees in New Mexico typically range from 1% to 2% of the loan amount. For a $300,000 loan, this means $3,000 to $6,000 in broker compensation. Some brokers charge a flat fee of $2,500 to $5,000. Additional costs include appraisal fees ($400 to $700), credit report fees ($30 to $50), and title insurance ($1,500 to $3,000). New Mexico law requires brokers to provide a Loan Estimate within three business days of application. This is general information, not mortgage or financial advice.
* Cost estimates are general ranges based on publicly available data and compiled using automated research tools. Actual fees vary by agent and case complexity. This is not mortgage or financial advice — consult directly with an agent for fee specifics.
Frequently Asked Questions
What license does a mortgage broker need in Rio Rancho?
A mortgage broker in New Mexico must hold a state license through the Nationwide Multistate Licensing System. They must complete pre-licensing education and pass a background check. The New Mexico Regulation and Licensing Department oversees all mortgage loan originators.
How long does a typical mortgage approval take in Rio Rancho?
A standard mortgage approval in New Mexico usually takes 30 to 45 days from application to closing. Some lenders offer faster timelines of 21 days for well-qualified buyers. Delays can occur due to appraisal availability or document issues.
Are there New Mexico specific programs for first-time home buyers?
Yes, the New Mexico Mortgage Finance Authority offers down payment assistance and low-interest loans for first-time buyers. Rio Rancho residents may qualify for the MFA FirstHome program. These programs have income limits and require homebuyer education.
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BeforeMortgageUSA.com is not a mortgage referral service, or financial advice provider. No broker-client relationship is formed by submitting a form or using this site. We do not endorse, recommend, or vouch for the qualifications of any broker. Past results do not guarantee future outcomes. Each case is different. Verify broker credentials with your state mortgage licensing authority before hiring.
About Our Listings
Brokers listed on BeforeMortgageUSA.com are compiled from publicly available directories, state mortgage licensing authority records, and business listings. Inclusion does not constitute endorsement. We do not verify broker licensing, disciplinary status, or qualifications. Verify each broker's current standing with the New Mexico.