Finance your next home with Sandia Area and enjoy low fixed rates, no lender fees, and a quicker closing. Plus, your mortgage stays with us, here in the community. That means you will always know who to call, and where to send your payments. The Sandia First product is perfect for those who:
Sandia Area is an Equal Housing Lender. Sandia Area membership required. NMLS #561268. Sandia Area does not provide financing for manufactured homes. This is not an offer to extend consumer credit as defined by Section 1026.2 of Regulation Z. Sandia First mortgages are a fixed rate loan. Rates apply to owner occupied loans only. Terms apply to loans up to $484,350.00. 1. Borrower is required to place sufficient down payment when equity is not available in the home. 2. Sandia Area does not charge lender fees. Borrower is responsible for all third party charges and fees. 3. Borrower is responsible for homeowners insurance and, if required, flood insurance. Borrower is responsible for paying property taxes. 4. Credit scores under a 680 allowed max loan-to-value (LTV) of 50%. 5. As low as rate assumes excellent credit history and may differ based on borrower's creditworthiness. Rates are subject to change without notice. Annual Percentage Rate (APR) on approved credit.