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Ammar Nesheiwat — Mortgage Loan Originator
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We offer loan options for almost every situation, whether you’re buying your first home, refinancing or investing in property. We’ll discuss your unique goals and find the loan that’s right for you.

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Ammar Nesheiwat

NMLS # 1607442

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About Ammar Nesheiwat

Ammar Nesheiwat is a mortgage loan originator (NMLS #1607442) with Frost Mortgage Lending Group (affiliated with Primary Residential Mortgage, Inc.) based in Albuquerque, New Mexico. Born and raised in New York, he grew up in a family of entrepreneurs. While his family was active in the restaurant and retail sectors, Ammar initially pursued the sciences, earning a bachelor’s degree in biochemistry from SUNY Purchase before moving to New Mexico to be closer to family and explore new professional opportunities.

Ammar entered the mortgage origination industry in 2017 and joined the Frost Mortgage team. Licensed to serve clients across states, including New Mexico and Arizona, he assists home buyers and property owners through various loan products, such as conventional purchases and refinances. His primary professional objective is to deliver a transparent, efficient, and seamless closing process while tailoring loan programs to each borrower’s financial goals.

In his day-to-day practice, Ammar focuses on collaboration, frequent updates, and open communication with both clients and real estate partners. He begins transactions with strategic planning sessions designed to clarify expectations, guide first-time and repeat buyers through complex documentation, and reduce anxiety during the lending process. His multilingual capabilities—speaking English, Spanish, and Arabic—enable him to support a diverse range of clients across the community.

Outside of his lending career, Ammar values spending time with his family, including his two sons, and enjoys following sports. He is an active member of his local community in New Mexico and participates as a parishioner at Saint George Greek Orthodox Church.

Trusted & Reviewed

Ammar has earned top ratings across the industry’s leading review platforms.

Zillow
★★★★★
5.0
out of 5
11 Reviews
Ammar Nesheiwat
View on Zillow →
BirdEye
★★★★★
5.0
out of 5
264 Reviews
Frost Mortgage — Ammar Nesheiwat
View on BirdEye →
Experience.com
★★★★★
5.0
out of 5
233 Reviews
Ammar Nesheiwat
View on Experience.com →

Loan Options for Every Situation

Whether you’re buying your first home, refinancing, or investing in property, Ammar has a loan program designed for your unique goals.

Conventional Loans

Fannie Mae & Freddie Mac programs with competitive rates. As low as 3% down for first-time buyers.

FHA Loans

Government-backed financing with 3.5% down and flexible credit guidelines (580+ credit score).

VA Loans

0% down payment for eligible veterans & active-duty military. No monthly PMI. Capped closing costs.

USDA Rural Housing

100% financing (0% down) for eligible suburban and rural primary residences. Low guarantee fees.

Jumbo Financing

Financing for high-value properties exceeding conforming limits. Customized down payment options.

Down Payment Assistance

State DPA programs, grants, and NM MFA resources to dramatically reduce your upfront costs.

Cash-Out Refinance

Tap your home equity for debt consolidation, renovations, or other financial goals at competitive rates.

HELOC & HELOANS

Home Equity Line of Credit & fixed second mortgages to leverage your home’s equity without refinancing your low first mortgage rate.

Explore All Loan Options →

What Clients Are Saying

Real feedback from real homebuyers across New Mexico and beyond.

★★★★★

“Ammar made the entire process seamless from start to finish. He explained every step clearly, was always available to answer our questions, and helped us close in under 30 days. We couldn't have asked for a better experience.”

Sarah & Mike T.

Albuquerque, NM — Conventional Purchase

★★★★★

“As a first-time homebuyer, I was overwhelmed. Ammar walked me through every document, found a down payment assistance program I didn't know existed, and saved me thousands. Truly outstanding service.”

David R.

Rio Rancho, NM — FHA + DPA

★★★★★

“Ammar helped us secure a VA loan with zero down. He knew exactly what we needed as a military family and handled everything professionally. I highly recommend him to any veteran looking to buy a home.”

Cpl. James & Linda M. (Ret.)

Albuquerque, NM — VA Loan

Things You Need to Know About Mortgage Lending

Straightforward answers to your most important mortgage questions.

Getting Started

Ammar Nesheiwat (NMLS #1607442) is a premier loan originator with Frost Mortgage Lending Group (a division of Primary Residential Mortgage, Inc. / PRMI) based in Albuquerque, New Mexico. Serving clients across New Mexico, Arizona, and Florida, Ammar combines local market knowledge with direct-lender resources to provide tailored home purchase, refinance, and specialty mortgage programs.
You can start your application online directly through Ammar Nesheiwat's Frost Mortgage Portal by clicking "Apply Now". You can also reach him by phone at (505) 200-0788 or email at ammar_nesheiwat@frostmortgageusa.com.
  • Pre-qualification: An initial review of your estimated borrowing power based on unverified information.
  • Pre-approval: A formal verification process where Ammar reviews your income, credit, and assets through underwriting to provide a verified pre-approval letter.
  • Government-issued photo ID and Social Security number
  • Last 30 days of standard pay stubs
  • Last two years of W-2 forms and federal tax returns
  • Two to three months of recent bank and asset statements
  • Documentation for any other income streams
Yes. Ammar monitors market movements closely and will advise you on the optimal time to lock in your interest rate, protecting your monthly payment from upward market volatility while your loan moves through underwriting toward closing.

Loan Options & Financing Programs

  • Conventional Loans (Fannie Mae & Freddie Mac)
  • FHA Loans (low down payments)
  • VA Loans (0% down for veterans)
  • USDA Rural Housing Loans (100% financing)
  • Jumbo Financing
  • First-Time Homebuyer & DPA Programs
  • HELOC & Second Mortgages
  • Cash-Out & Rate-and-Term Refinancing
Ammar structures FHA loans for buyers seeking competitive rates with low down payments (starting at 3.5%) and flexible credit criteria (down to 580, or 500 with higher equity). He guides buyers through FHA appraisal standards and property requirements to ensure a smooth path to closing.
Ammar helps eligible service members obtain their Certificate of Eligibility (COE) and take full advantage of 0% down payment, no monthly mortgage insurance (PMI), capped closing costs, and competitive government-backed interest rates.
Yes. If you are purchasing a primary residence in an eligible suburban or rural area, Ammar can review your household income limits and property eligibility to secure 100% financing (0% down) with low guarantee fees.
Yes. If your purchase price exceeds local conforming baseline limits, Ammar offers competitive Jumbo loan structures with customized down payment and reserve options to finance luxury and high-value properties.
Yes. Ammar regularly pairs first-time buyers with state housing finance agencies (such as New Mexico MFA programs), grants, and secondary assistance programs to dramatically lower the upfront cash needed.
During your initial strategy session, Ammar evaluates how long you plan to stay in the home and your financial timeline. He will compare the stability of a fixed-rate loan against the potential upfront savings of an ARM.

Credit, Income & Underwriting

Yes. Ammar works with borrowers across a broad credit spectrum. If your credit does not qualify for conventional financing, he can leverage flexible government-backed loan options (like FHA or VA) or provide actionable steps to strengthen your credit profile.
Ammar calculates your DTI by comparing your recurring monthly debt obligations against your gross monthly income. He works to structure your loan and find compensating factors so you can qualify for the maximum purchasing power possible.
Yes. Ammar has extensive experience underwriting self-employed borrowers, 1099 contractors, and business owners. He analyzes your tax returns, profit-and-loss statements, and business bank accounts to establish stable qualifying income.
No. Ammar offers many low-down-payment and zero-down alternatives:
  • VA & USDA Loans: 0% down
  • Conventional First-Time Buyer Programs: 3% down
  • FHA Loans: 3.5% down

Costs, Payments & Closing

  • Principal: Direct repayment of loan balance.
  • Interest: Cost of borrowing funds.
  • Property Taxes: Escrowed for county/city taxes.
  • Homeowners Insurance: Hazard/fire coverage.
  • Mortgage Insurance (PMI/MIP): Added if applicable.
For conventional purchases with less than 20% down, Ammar explains the different PMI options (monthly, single-premium, or lender-paid) and outlines the clear equity milestones (typically 20%–22%) where PMI can be removed.
Ammar provides a detailed Loan Estimate early in the process. Standard closing costs generally range from 2% to 5% of the loan amount and cover appraisal fees, title insurance, escrow fees, origination, and prepaid insurance/taxes.
Because Ammar prioritizes proactive communication, his team typically closes purchase and refinance loans in 21 to 35 days. To get your personalized rate quote, visit Ammar Nesheiwat at Frost Mortgage.