We understand exactly how scary the idea of becoming a homeowner is. But just take a deep breath and take one step at a time. A big part of the home buying process is securing the right financing and that largely hinges on your initial meeting with the mortgage lender. At Rocky Mountain Mortgage Lenders, […]
How to Ace Your Mortgage Lender Meeting in El Paso Read More »
If your dream of becoming a homeowner in El Paso feels impossible, know you are not alone. While the real estate market has certainly experienced its ups and downs in recent years, there are still ways to achieve your dreams. One such way is by making use of down payment assistance programs. As an El
Become a Homeowner in El Paso with These Down Payment Assistance Programs! Read More »
There’s been a lot of discussion recently about mortgage rates. Since the economy was tied up with the uncertainty of Covid, the mortgage rates have been a topic of conversation among homeowners closely monitoring their rise and fall. And yet, many homeowners are not sure whether a refinance is the right choice for them. So
So You Want a Lower Mortgage Payment. Is a Mortgage Refinance Right For You? Read More »
As if there weren’t enough contingencies when applying for a home—credit scores, income to debt ratios, interest rates, etc.— a prospective homebuyer is often faced with the question of loan type. For the average homebuyer, there are typically three options: a conventional loan, FHA loan, and VA loan. So what’s the difference? The answer is
I’m Applying for a Mortgage — Which Loan Type is Right for Me? Read More »
Buying your first home is a huge investment and can be one of the most exciting and stressful times in your life. At Rocky Mountain Mortgage Company, we completely understand those feelings—after all, we’ve helped thousands of families buy their first homes. However, we often see that potential homebuyers aren’t aware of the various programs
Buying Your First Texas Home: Programs That Can Help Read More »
Real estate transactions have changed in the last few decades. Not only has the process of real estate sales changed but so has the process of acquiring a loan. Many aspiring homeowners think that they have to lay down 20% cash in order to qualify for their home. This is largely a myth (and there’s
How Much Down Payment is a Good Down Payment? Considerations for First Time Homebuyers Read More »
Are you looking to buy your first home? Is this your first time buying a home on your own? You have nothing to worry about. All homeowners, no matter how experienced they are with the homebuying market, are learning something new every day about how mortgage and real estate work. Before you apply for a
Mortgage Terminology to Familiarize Yourself With Read More »
Well, it’s not exactly like returning a broken item to a store. Mortgages can get a little testy. In the simplest of terms, refinancing is trading in your loan for a new one. The reasons why people choose to do this, however, will vary as will the factors involved. With the low-interest rates brought on
The Great Mystery of Mortgage Refinancing: Should You Go For It? Read More »
Everyone’s path to homeownership is different. Some people buy their first home in their twenties. Others wait until they have a family. And others buy once they settle down in their career and preferred city. There is no “right” time to buy because all of our life’s journeys look different. There are, however, great opportunities
Getting to the Closing Table: What You Need to Know About Closing Costs Read More »
Rocky Mountain Mortgage Company gives a quick overview of some of the changes in home loans during this unprecedented health crisis. Here are a few things you should know.
How COVID-19 has Affected Home Mortgage Loans: What You Need to Know Read More »
CALL US TODAY (915) 593-3111
2244 Trawood Suite 100
El Paso TX 79935
NMLS # 256179
1255 Country Club Rd Suite C,
Santa Teresa, NM 88008
NMLS #290019
Payments are accepted at our Trawood branch only.
2244 Trawood Suite 100
El Paso TX 79935