Mortgage Lenders in Gallup, NM
Browse mortgage lenders serving Gallup, New Mexico. Contact information and addresses listed below.
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
State Mortgage Licensing Authority of New Mexico before hiring.
Showing 15 mortgage lenders in Gallup, 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.
What Does a Mortgage Lender in Gallup Cost?
Typical costs for a mortgage lender in New Mexico include an origination fee of 0.5 to 1 percent of the loan amount, appraisal fees of $400 to $700, and title insurance premiums around $1,500 to $2,500. Closing costs in New Mexico generally range from 2 to 5 percent of the purchase price. 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 types of mortgage loans are available in Gallup?
Gallup lenders offer conventional loans, FHA loans, VA loans, and USDA loans. New Mexico also has down payment assistance programs for eligible buyers through the New Mexico Mortgage Finance Authority.
What documents do I need to apply for a mortgage in New Mexico?
You will need proof of income, tax returns, bank statements, and identification. New Mexico lenders also require a property appraisal and title search as part of the underwriting process.
How long does the mortgage process take in New Mexico?
The typical mortgage process in New Mexico takes 30 to 45 days from application to closing. New Mexico law requires a three day right of rescission for most refinance loans after closing.