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UMB Mortgage Loan Services

Mortgage Loan Services
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3002 Louisiana Boulevard NE
Albuquerque, NM 87110
(505) 830-8331 | Get Directions
Contact a UMB
Mortgage Loan Officer

Whether you are planning to purchase your first or next home, or are looking to refinance your current home, we’re here to help.

Find a Mortgage Professional and Apply

Services

  • Adjustable-rate mortgages (ARM)
  • FHA Loans
  • Fixed-rate Mortgages (15 and 30 years)
  • Homebuyer Grant and Down Payment Assistance Program
  • Jumbo Mortgages
  • USDA Mortgages
  • VA Mortgages

UMB offers competitive interest rates on a wide selection of home mortgage loans, including conventional loans, jumbo loans and even specialty loans to support our agricultural customers and military veterans. Whether you want a fixed or adjustable-rate mortgage, we have a home loan for you.

Fixed-rate Mortgage

With a fixed-rate mortgage, your loan terms will include an interest rate that remains static for the duration of the loan. There are also special purchase programs for low-to-moderate income borrowers that allow for down payments as low as 3 percent.

Adjustable-rate Mortgage

Adjustable-rate mortgages are a type of loan with an interest rate that can fluctuate and change based on the current market and indexed rates.

Specialty Loans

Homebuyer Grant and Down Payment Assistance Program

UMB offers a program to assist qualifying home buyers achieve their dreams of homeownership. We offer assistance on mortgages allowing you to borrow up to 100% of the purchase price of your home.

Professional Loans

Professional mortgage loans allow for financial flexibility and are tailored to licensed doctorate professionals, including attorneys, dentists, pharmacists, doctors and optometrists.

Traditional Mortgage Loans

Conventional

Conventional loans are the most common mortgage financing requested. UMB's conventional mortgage loans are available through two government sponsored enterprises—Fannie Mae and Freddie Mac.

Federal Housing Administration (FHA) Loans

Federal Housing Administration (FHA) loans are guaranteed by the federal government and offer options for those who do not have the assets to meet the conventional mortgage loan down payment requirements.

Jumbo Loans

A jumbo mortgage loan has a loan amount that exceeds conventional loan parameters and is designed to accommodate higher-value homes.

United States Department of Agriculture (USDA) Loans

The Rural Housing Service (RHS) is an administrative division within the U.S. Department of Agriculture (USDA) that manages loan programs focusing on rural housing for lenders to offer to their communities.

Veterans Affairs (VA) Loans

VA loans are mortgage loans guaranteed by the Department of Veterans Affairs (VA). VA loans offer long-term financing to eligible American veterans or their surviving spouses who meet certain qualifications.

Questions about Mortgages? UMB Has Answers.

What do I need to open a checking or savings account?

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Here are a few things you’ll need to open a personal checking or savings account:

  1. A state-issued ID, driver’s license or learner’s permit. If you do not have these forms of identification, please contact the UMB branch for more information about forms of identification accepted in branch.
  2. Basic personal information, including your birthdate, Social Security Number (SSN) or Tax ID Number (TIN), address and phone number.
  3. An initial deposit may be required to open the account. Banks usually offer a variety of checking and savings account options with different requirements for initial deposits.

See which UMB personal checking account or UMB savings account might be right for you.

In some situations, you might also need:

  1. IDs and personal information for other applicants if you want to open a joint account. A joint account is owned by multiple people, so a bank requires information from anyone sharing the account.
  2. A co-owner or co-signer if you are younger than 18. A parent or legal guardian will need to sign legal documents for the bank.

Can I open a checking or savings account online?

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Yes, you can open a checking account or savings account online. UMB Bank provides a simple and secure online bank account application process.

To apply for a UMB account online, you must:

  1. Be at least 18 years old.
  2. Be a U.S. citizen or resident alien.
  3. Live in Arizona, California, Colorado, Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, New Mexico, Oklahoma, Texas and Wisconsin.
  4. Have a state ID, driver’s license or learner’s permit.

You may also need:

  1. An initial deposit may be required to open the account. Banks usually offer a variety of checking and savings account options with different requirements for initial deposits.
  2. IDs and personal information for other applicants if you want to open a joint account. A joint account is owned by multiple people, so a bank requires information from anyone sharing the account.
  3. A co-owner or co-signer if you are younger than 18. A parent or legal guardian will need to sign legal documents for the bank.

See which UMB personal checking account or UMB savings account might be right for you and apply today.

Find the Right Mortgage Loan for You

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