A&D Mortgage for New Mexico investors
A&D Mortgage offers a no-ratio DSCR program with an effective 0.00 minimum DSCR, though deals below 1.0 DSCR require a 680+ credit score (the general minimum is 620). Maximum LTV is 80%. The company does not publish minimum/maximum loan size, rate, or state-coverage figures in the sources reviewed.
New Mexico context
New Mexico steady DSCR. Santa Fe historic STR market.
How A&D Mortgage positions in New Mexico
New Mexico is well covered by national DSCR lenders, with A&D Mortgage as one option. Where A&D Mortgage differentiates: No-ratio DSCR program (0.00 minimum DSCR). Where it competes: rates not publicly published against peer programs.
City-level coverage in New Mexico
A&D Mortgage provides DSCR coverage across New Mexico metros including Albuquerque, Santa Fe, and Las Cruces. Within each metro, submarket variation drives deal-specific underwriting more than lender selection. A&D Mortgage program terms apply uniformly across New Mexico metros; the specific deal characteristics determine final pricing.
Terms and pricing
| Loan type | DSCR non-QM institutional |
|---|---|
| Products | rental DSCR |
| Loan size | — - — |
| Rates | Not publicly published |
| Points | Not publicly published |
| Max LTV | 80% of ARV |
| Term lengths | Not publicly published |
| Typical close time | Not publicly published |
| New Mexico property tax | 0.8% |
| New Mexico state income tax | 5.9% |
A&D Mortgage strengths in New Mexico
- No-ratio DSCR program (0.00 minimum DSCR)
- Broker-only origination
- Maximum 80% LTV
- 620 minimum credit score, though sub-1.0 DSCR deals need 680+
Ideal borrower: Broker-originated borrower using a no-ratio DSCR program, or a borrower with 680+ credit for a sub-1.0 DSCR deal.
FAQ
Likely; verify direct New Mexico coverage. A&D Mortgage is based in an undisclosed location and operates in states not publicly disclosed.
Albuquerque is the top investor market in New Mexico and is generally within A&D Mortgage states not publicly disclosed footprint. Albuquerque property tax follows the New Mexico state rate of 0.8 percent. A&D Mortgage typically underwrites Albuquerque acquisitions at standard rate sheets.
Yes. Santa Fe ranks among the larger New Mexico investor metros and sees consistent DSCR loan volume from A&D Mortgage. Submarket variation within Santa Fe matters for property selection.
A&D Mortgage applies the same rate sheet across New Mexico metros. Pricing variation comes from property-specific factors rather than metro location within the same state. Albuquerque, Santa Fe, and Las Cruces all qualify for the same A&D Mortgage program.
A&D Mortgage does not publish a rate sheet. Pricing is quoted per deal and depends on credit, leverage, coverage ratio and experience.
New Mexico steady DSCR. Santa Fe historic STR market. A&D Mortgage follows standard business-purpose loan structures.
A&D Mortgage funds rental DSCR in New Mexico.
New Mexico allows standard DSCR prepay structures; A&D Mortgage typically uses 3-5 year step down.
A&D Mortgage typical close: Not publicly published.
Bottom line
New Mexico investors considering A&D Mortgage should verify current rate sheets directly and confirm specific submarket coverage.
Independent directory listing. DSCR Loan Program is not affiliated with A&D Mortgage.