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The 203(b) home loan is also the only loan in which 100 percent of the closing costs and down payment can be a gift from a relative. Mortgage insurance on FHA loan is often rolled into the total monthly payment at 1.15%. The upfront mortgage insurance which is 1% of the loan amount is also rolled into the loan and is a one-time charge.

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We provide VA home loan, FHA, conventional home loan & home loan refinance options in El Paso, TX. For details on home financing options, visit our office at El Paso or call us at (915) 843-2681.

FHA mortgages are especially popular in cities and larger towns, such as: Arlington, Austin, Dallas, Fort Worth, El Paso, Frisco, Garland, Houston, Laredo, Lubbock, Plano, San Antonio, and Waco . You can finance a home purchase with a FHA loan in any part of the lone star state, including rural areas. Texas FHA Loan Requirements

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Mortgage rates in El Paso, Texas. Here are the mortgage rates as of 10 a.m. Monday in El Paso, TX. The 30-year fixed mortgage rates vary from 4.06 percent to 4.55 percent.

Patrick has lived in El Paso since 1965. He has over 30 years of experience in the mortgage and banking industry, handling government, conventional, commercial, construction, reverse mortgage loans and more. patrick enjoys finding the right loan product for each person at every stage of life.

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Visit Jose Martinez's profile on Zillow to read customer ratings and reviews. Find great El Paso, TX mortgage lending professionals on Zillow like Jose Martinez.

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