Apply For Mortgage Today
We can bring you home with confidence.
Your home is one of the biggest purchases you’ll make. Together, we’ll help you find the right mortgage for your dream home, whether you are purchasing a traditional home or purchasing a manufactured home.
Del Norte Credit Union is your trusted partner for the New Mexico market.
- Competitive rates and flexible terms
- Fixed-rate, adjustable rate, and adjustable- jumbo rate mortgages
- Down payment typically from 3%-20% of the home purchase price
- Close in as soon as 30 days!
- No pre-payment penalty
- No hidden fees! $500 in underwriting, $425 in documentation, and third party fees
Our Del Norte Credit Union Mortgage Process
The New Mexico real estate market is changing rapidly, and the Mortgage Team at Del Norte Credit Union is paying attention. Our Mortgage Team are experts in the field and can assist you with your needs for buying a traditional or manufactured home, using your existing home for a home equity line of credit, or home equity loan. We understand that these are life changing opportunities and we have the knowledge and the expertise to guide you through these processes.
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The home loan process can be confusing. Your Del Norte Mortgage Team is here to help you through every step and answer all of your questions. The steps below lay out the major phases your home loan will go through.
- Step 1 – Make an appointment with one of our expert Mortgage Loan Officers, or complete a mortgage application online here.
- Step 2 – Meet with your Mortgage Loan Officer. During this meeting, your Loan Officer will explain your loan options and the qualifying process. We will discuss available loan programs and interest rates along with monthly payments.
- Step 3 – Gathering Documentation – The loan approval requires us to collect information regarding your income, debt, and any special circumstances. Your Loan Officer will give you a list of all the items needed.
- Step 4 – Loan Processing – Our loan processor prepares your loan file and gets the loan ready for the underwriter’s review.
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- Step 5 – Underwriting – The underwriter reviews your entire file in detail. Their job is to make sure you are approved and ready for closing. In some cases, the underwriter may ask for additional information and documents.
- Step 6 – Closing – Once the underwriter has fully approved your loan, it is ready for closing. A Closing Disclosure will be issued to you at least three days before the closing date. This document will explain all the details of your loan, including the closing costs and how much money is needed from you at the closing. Note that these funds will need to be wired directly to the Title Company, so we recommend you confirm your financial institution’s process a week or two before the closing date.
- The mortgage closer will prepare your closing documents and schedule your closing with the Title Company. The closing normally takes place at the Title Company’s issued ID.
- Step 7 – Enjoy Your Home!
Find out How Much You Can Afford
The following online calculators serve as helpful tools during the mortgage process.
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PAYMENT / AMORTIZATION CALCULATOR
Learn MoreCalculate your monthly payment and see how the principal is paid over time.
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RENT VS OWN CALCULATOR
Learn MoreCalculate the difference between renting and buying a home.
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APR CALCULATOR
Learn MoreCalculate the APR for fixed-rate or adjustable-rate loans.
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DEBT CONSOLIDATION CALCULATOR
Learn MoreDetermine if you can consolidate your debt by combining it with your home mortgage.
Meet your dncuMortgage Team
The Del Norte Credit Union Team is here to help by providing homeownership opportunities in the enchanted land of New Mexico. Thank you for allowing us to join you on this journey filled with rich tradition.
Ever Acosta, Mortgage Loan Officer
Ever has been with DNCU for eight years & has over five years of experience in the mortgage industry. He is a graduate of Capital High School and holds a Bachelor’s degree from Highlands University.
“I think we have a great Community and a great Credit Union. Working in Mortgage allows me to connect the two together. Our team works hard to make dreams come true for our Members and our Community.”
In his free time, Ever likes to spend quality time with his family & walk with his dogs Mona and Toby.
Call Ever at 505-455-5433 or email him at [email protected] to find out your options for real estate financing.
Ralph Flores, VP Mortgage Origination
Ralph has enjoyed working in the mortgage industry since 2003. He is a graduate of Santa Fe High School and he holds a degree from SFCC.
“Homeownership is one of the greatest ways a person can build wealth and I love the opportunity I have to help people fulfill this dream.”
Ralph was born and raised in Santa Fe, NM. He loves to spend time with his wife Johanna and chasing after his three dogs, Ringo, Roco and Cricket.
Call Ralph at (505) 455-5123 or send an email to [email protected] to discover your options for real estate financing.
Thelma Rodriguez, Mortgage Officer
Thelma has been caring for DNCU members for over 21 years. Her career with DNCU spans operations, member experience roles, and over 7 years in the mortgage lending area. Thelma specializes in Home Equity loans and Mobile Home loans.
Through DNCU’s home equity programs, Thelma is able to match a member’s needs with a perfect solution. In some cases that is a debt consolidation loan to help with monthly expenses or home remodel to get that dream kitchen. The Mobile Home loans offered by DNCU are designed to match members with homes that fit their lifestyle and budget. Thelma’s member-first approach comes from her love of her family and her passion for her community.
Call Thelma at 505-455-5118 or send an email to [email protected] to discover your options for real estate financing.
Su Prestamista y Representante de Hipotecas Bilingue en Del Norte Credit Union.
Gilbert Varela, Mortgage Officer
Gilbert was born and raised in Las Vegas, NM. Gilbert graduated from New Mexico Military Institute and joined the United States Marine Corps. He has worked in the Mortgage Industry for 22 years in the great state of New Mexico.
In his free time, Gilbert is a Videographer and film editor. He has worked on projects including short films and social media commercials.
Call Gilbert at 505-455-4667 or send an email to [email protected] to discover your options for real estate financing.
Frequently Asked Questions (FAQs)
Contact DMI for all questions concerning your mortgage payments and escrow at 1-855-473-5252. Member Service Department 1 Corporate Drive, Suite 360 Lake Zurich, IL 60047-8945
Access your online banking Bill Pay. Add a new bill payee by searching for Dovenmuehle Mortgage Inc.
If we set up your loan with an escrow account for taxes and insurance, DMI will make these payments for you. If you waived escrows, you will make these payments yourself.
Get started today
DNCU offers free consultations with local and experienced mortgage officers.
Join Us
(877) 818-3628 toll-free.
