Abe Dispennette of State Farm Insurance Agency. Courtesy photo
Staff Report
State Farm Agent Abe Dispennette has become the newest loan originator in Los Alamos. He now offers mortgages through his State Farm Agency at 1362 Trinity Dr., Suite B.
Following is a Q&A with the Los Alamos Daily Post about Dispennette’s new services:
What made you decide to offer mortgages through your office?
One of the main reasons I decided to add Mortgages to my long list of product lines is because of the decreasing local options in Los Alamos. With certain banks here in town operating under tight restrictions in their lending abilities and the good folks at LA Solutions retiring, I saw an opportunity to serve this community with this great State Farm product.
Tell us a little about your mortgage products?
Currently we only offer Conventional Mortgages (first mortgages, second mortgages, and line of credits) all the way up to 97 percent of the home value in some situations. We have one really neat program that even can aid customers with cash toward their closing costs if needed. However our main claim to fame is our cheap lending fees. We only charge $475 in lender fees as opposed to the industry standard of 1 percent of the borrowed amount. This has the potential to save our customers thousands of dollars in closing costs.
Other than all of those reasons, why would someone want to have a State Farm Mortgage with all the national options out there?
State Farm is the best in all we do. We are the number one insurer of Auto and Homes. Last year we became the number one insurer of individual life insurance and also number one in customer satisfaction in our life insurance lines. We do everything top notch and it is only a matter time before, as a company, we add our bank and mortgage products to the top of all the lists as well. I’m proud to represent State Farm and proud to offer this new line to Los Alamos. We hold our loans, so you can rest in knowing that as long as you mortgage your home you will be backed by the full financial strength of the number one insurance company in the country not to mention you will always know where to find me to answer any of your questions as opposed to dialing a random customer service representative. With all of that stated, I would love the opportunity to not only protect your home but to finance it as well.
Dispennette, 37, was stationed at Ft. Bliss in El Paso following his tours of duty in the Middle East and said he had already missed so much of his children’s lives and didn’t want to miss anymore. He heard about the State Farm opening and brought his family to visit the community over the spring break weekend in 2012.
“We loved it, returned for the kite festival and moved here two weeks later,” he said at the time.
Dispennette met his wife Kirsta in college at Columbia International University in Columbia, SC. They married in 1999 and he went on to seminary in Florida before entering the United States Army.
She was a stay at home mom during the next seven years while her husband served in the military. He applied and was accepted to take over the State Farm Agency and was honorably discharged in June 2012.Dispennette moved to Los Alamos the same month with Kirsta and their three children now ages 10, 8 and 6. Kirsta works with her husband in the State Farm Agency.
His office is open 9 a.m.-6 p.m. Monday through Friday and on weekends by appointment. For more information, contact Dispennette at 505.662.2200 or abe@505agent.com.
