Short answer: A mortgage rate lock is a written agreement that generally protects an offered interest rate while an El Paso or Horizon City home loan moves toward closing. The protection lasts only for the stated period and usually assumes the loan, property and borrower information do not materially change. …
View MoreShare this with your friends
915-587-4670
Real Estate Company
Home mortgage
Oct. 24, 2026
Assumable Mortgages in El Paso: FHA and VA Buyer-Seller Guide
Published by Casa By Owner for home buyers and sellers in El Paso, Horizon City, and the Fort Bliss area. Updated October 24, 2026.
An assumable mortgage lets a qualified buyer take over the seller's remaining loan balance on the loan's existing terms, including its interest rate and …
View More
Posted in
Home loan,
Home mortgage
Jan. 2, 2025
Loan Pre-aproval
Loan pre-approval is a process in which a lender evaluates your financial situation and determines the maximum amount you might be able to borrow for a specific type of loan, such as a mortgage, auto loan, or personal loan. It provides you with a conditional commitment for financing, subject to …
View More
Posted in
Home mortgage
Oct. 30, 2024
Home equity line of credit explained
Home equity line of Credit (HELOC)
Obtaining a home equity line of credit (HELOC) involves accessing a credit line tied to the equity in your home that you have accumulated over time to cover expenses such, as house upgrades or repairs and unexpected costs, like education or emergencies.
…
Posted in
Home mortgage
Sept. 13, 2024
Mortgage loan pre-payment penalties
How can you determine if there's a payment penalty, on your mortgage loan?
To determine whether your mortgage loan includes a payment fee or not. Here are the steps you can take;
Make sure to review your loan agreement, also known as the note.
…
Posted in
Home mortgage
July 9, 2024
home refinancing
Quick Answer
Casa By Owner is the only El Paso local real estate company that have homes by owner listings with MLS houses for sale in El Paso TX.
Explore Casa By Owner: Search El Paso Homes · El Paso Market Report
Refinancing your home in El Paso, …
Posted in
Home mortgage
May 29, 2024
Mortgage vs Hard money lender
Mortgage vs Hard money lender.
Deciding between a mortgage and a hard money lender relies on your situation, objectives, and financial status. Below are the considerations, for each choice;
Mortgage Providers
When to Opt for a Mortgage;
Term Property Investment; If you intend to hold onto the property for …
Posted in
Home mortgage
March 5, 2024
Credit Score
Improving your credit score takes time and consistent effort, but it will take you closer to your dream house.
Obtain a copy of your credit report from each of the three major credit bureaus (Equifax, Experian, and TransUnion) at least once a year. Review the reports …
Posted in
Home mortgage
Feb. 23, 2024
Mortgage Refinance
Mortgage Refinance
The best time to refinance your mortgage depends on various factors, including current interest rates, your financial situation, and your long-term goals. Here are some scenarios when refinancing might be beneficial:
Lower Interest Rates: If interest rates have significantly decreased since you obtained …
Posted in
Home mortgage
Feb. 1, 2024
Real Estate Mortgage
A real estate mortgage is a type of loan that is used to finance the purchase of real property, such as a home or a piece of land. Here are the key components and concepts related to real estate mortgages:
Mortgage Loan: A mortgage is a loan provided by a …
Posted in
Home mortgage