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Rocky Mountain Mortgage Company | Specialized Mortgage Refinancing Services

Refinancing your loans can save you thousands of dollars by replacing existing debt. Our network of top lenders will help you find a mortgage that best suits you, enabling you to pay off your loans at a faster and less stressful pace. Mortgage refinance involves taking out a new loan to pay off your original loan. Our mortgage lenders are here to provide homeowners with mortgage refinance services to take advantage of lower interest market rates, cash out a portion of their equity, and reduce monthly payments with an extended repayment term. The Rocky Mountain Mortgage Company can provide you with the equity and a repayment plan that best benefits you.

How to Qualify for Mortgage Refinancing

Mortgage refinancing options are strictly reserved for qualified borrowers. To qualify for home equity refinancing loans, one must be able to meet the following:

  • Maintain decent credit

    The fewer problems in your credit history, the more trustworthy you can come off to lenders. Problems are not always detrimental. Some home loan programs will allow you to borrow a home loan within one or two years of bankruptcy. It is key to make your credit look as reasonable as possible.

  • Sufficient income

    It is important to consider how much should be given in a new loan based on your income. Lenders will inform you of whether or not your income is sufficient. Lenders will also verify if your debt-to-income ratio is reasonable.

  • Sufficient equity

    In most cases, you can ask for a mortgage refinance that estimates up to an 80% loan-to-value ratio, although it may be possible to go up higher. This can make it harder to qualify for a mortgage refinance and you may have to pay mortgage insurance payments.

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We have helped more than 26,000 El Paso families realize their dream of HOMEOWNERSHIP.

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We have helped more than 26,000 El Paso families realize their dream of HOME OWNERSHIP.

To further assist you in your home purchase, our team is comprised of a trained staff of appraisal professionals. By having appraisers on staff we are able to process your home mortgage application quicker, which can help you save money. In addition to saving your money, our construction lending department works with local developers and builders to assure the availability of high-quality, affordable homes in El Paso. Rocky Mountain Mortgage Company can also service the mortgage loans it originates. This option can be valuable when the time comes to pay your local property taxes and insurance premiums. Our servicing staff has extensive experience in handling your loan for your benefit.

Choose the Rocky Mountain Mortgage Company to Initiate the Home-Buying Process

We make your application process easy by taking your information in person, telephone, or online, at your convenience. Contact us today to learn more about how our professionals are optimal to help you invest in the home of your dreams!

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Texas Mortgage Banker Consumer Disclosure: PURSUANT TO THE REQUIREMENTS OF SECTION 157.007 OF THE MORTGAGE BANKER REGISTRATION AND RESIDENTIAL MORTGAGE LOAN ORIGINATOR ACT, CHAPTER 157, TEXAS FINANCE CODE, YOU ARE HEREBY NOTIFIED OF THE FOLLOWING: CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE, SIGN AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE DOWNLOADED AND PRINTED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEB SITE AT WWW.SML.TEXAS.GOV.

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