The Right Mortgage for Your Home Purchase

First-Time Home Buyer Programs

Nusenda Credit Union participates in programs offered by the state of New Mexico for first-time home buyers. These programs include first-time mortgage options and down payment assistance. Your Nusenda mortgage loan officer will help you with this exciting journey. Schedule an appointment with a mortgage loan officer to determine which program is right for you.

Fixed-Rate Mortgages

Finance the purchase of your home and avoid surprises with a Nusenda fixed-rate mortgage. Lock in the interest rate that works best for you based on 10-, 15-, 20-, 25-, and 30-year terms.

Adjustable Rate Mortgages (ARM)

Increase your home purchasing power while enjoying low interest rates and low monthly payments with our Adjustable Rate Mortgages (also known as ARM mortgages). With no pre-payment penalties and initial fixed rates for 3-, 5-, 7-, and 10-year terms, the home of your dreams is within reach. Our mortgage loan officers can help you secure the best home loan for your needs, such as our 5/5 ARM with low monthly payments and the stability of a longer reset period.

Federal Housing Administration (FHA) Mortgages

Is the prospect of having to save up for a large down payment preventing you from buying your dream home? FHA mortgages (also known as FHA-insured loans or U.S. Federal Housing Administration insured mortgage loans) are designed with your needs in mind. Tailored for the specific financial situations of many first-time home buyers, an FHA mortgage offers fixed or adjustable rates, 15- or 30-year terms, and requires only a 3.5% down payment if you qualify. Note that home value limitations vary by county.

Veteran's Administration (VA) Mortgage Loans

If you're a qualified veteran, reservist and/or on active duty, you're eligible for Veteran's Administration (VA) mortgage loans through Nusenda. As a thank you for serving our country, you have access to competitive interest rates and 100% financing — no down payment required. Most veterans also qualify to have their loan origination fees waived.

Jumbo Mortgages

Dream big with Nusenda jumbo mortgages, which maximize your home purchasing power with loan amounts up to $1,250,000. Our mortgage loan officers can help you secure the best home loan for your needs, such as our 5/5 ARM mortgage with low monthly payments and the stability of a longer reset period. With a jumbo mortgage from Nusenda, you can access up to 80% LTV for your loan amount. Your mortgage loan also increases your ability to earn cash rewards through our Earn Your Return program.

Mortgage Resource Center

Mortgage Resource Center

Find helpful tools, information on home loan programs, current rates, fees, and application details.

Mortgage Workshops

Mortgage Workshops

Attend our complimentary workshops and get hands-on assistance as you take steps toward purchasing a home.

Mortgage Calculators

Mortgage Calculators

Compare different types of mortgages, payment options, terms and more with our helpful Mortgage Calculators.

The Power of WE®

As a member of Nusenda Credit Union, you have access to competitive mortgage rates, local service, and fast underwriting. Adding one of our home loans to your Nusenda Credit Union relationship also increases your rewards through our Earn Your Return program, where you can earn higher bonus dividends.

Lock Icon

Federally Insured By NCUA

Bank Silhouette Icon

Access your account when you are away from home, thanks to the Credit Union Shared Branching Network or CO-OP network of nearly 30,000 ATMs

Mobile App Icon

Easy online access to your account through online banking and the Mobile App