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Review Keywords Analysis

  1. United States
  2. Best Mortgage Brokers
  3. Mortgage Brokers in Texas
  4. El Paso
  5. Mortgage Affordability Calculator
1 · Your income
2 · Down payment
3 · What you can afford
Step 1 of 3

Mortgage Affordability Calculator El Paso, TX

How much house can you afford in El Paso? See your maximum price, monthly payment and pre-approval estimate. Free, instant, no credit check.

Updated · current rates and lending limits

Add your partner's income if you're buying together.

Car loans, credit cards, lines of credit, student loans. Not rent.

Property tax are for this state.

An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.

Top-rated mortgage brokers in El Paso

Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →

1

Sun City Home Loans

Sun City Home Loans specializes in FHA203K loans, helping buyers finance homes that need repairs or renovations. Their team guides clients through various loan options, including contingency funds and mortgage payment assistance during remodeling. Customers appreciate their knowledgeable, responsive service and clear explanations throughout the loan process.

Services & Prices
First-Time Home Buyer Loans Quoted per loan
Refinancing Loans Quoted per loan
Investment Property Loans Quoted per loan
Budget Planning for Mortgages Quoted per loan
View Profile
(915) 276-7629
Closed Now
2829 Montana Ave L116,El Paso, TX 79903
General Services
Home Loans
2

New American Funding - El Paso- Mesa Park, TX

New American Funding’s El Paso team specializes in helping a diverse range of homebuyers navigate the mortgage process with clear guidance and quick loan closings. They offer personalized mortgage advice and support from application through funding, with many customers appreciating their responsiveness and thorough explanations, though some have noted occasional delays in communication.

Services & Prices
Conventional Loan Quoted per loan
VA Loan Quoted per loan
FHA Loan Quoted per loan
Cash-Out Refinance Quoted per loan
View Profile
Closed Now
106 Mesa Park Dr, El Paso, TX 79912, USA
General Services
Home Loan
3

Insight Mortgage Company

Insight Mortgage Company focuses on guiding Texans through home financing with clear explanations and personalized support. They offer residential home loans for purchases and refinancing, including FHA, VA, USDA, and Conventional programs. Customers appreciate the team’s responsiveness and patience, though some note the process can feel slow at times.

Services & Prices
Conventional Loans Quoted per loan
VA Loans Quoted per loan
FHA Loans Quoted per loan
Rate and Term Refinance Quoted per loan
View Profile
(915) 525-3053
Closed Now
300 Thunderbird Dr, El Paso, TX 79912, USA
General Services
Home Loan Services
4

New American Funding - El Paso - Joe Battle, TX

New American Funding in El Paso offers a range of mortgage loans, including refinance and purchase options, with all processing handled in-house to speed up closings. The team is known for patient communication and personalized service, though some customers have experienced challenges when staff changes occur during the process.

Services & Prices
Home Loans Quoted per loan
VA Loans Quoted per loan
Refinancing Quoted per loan
View Profile
(915) 226-0365
Closed Now
1265 Joe Battle Boulevard, West Ste. A-106, El Paso, TX 79936, USA
General Services
Mortgage Services
5

Town Square Mortgage, El Paso, TX

Town Square Mortgage focuses on providing personalized, local loan services to make home financing smoother and faster. The team handles all loan aspects in-house, offering one-on-one attention and clear communication throughout the process. While many customers appreciate their responsiveness and helpfulness, a few have noted occasional issues with transparency during complex transactions.

Services & Prices
Home Purchase Loans Quoted per loan
Refinancing Loans Quoted per loan
Pre-Approval Services Quoted per loan
View Profile
(915) 271-4591
Closed Now
1344 N Zaragoza Rd Suite A, El Paso, TX 79936, USA
General Services
Mortgage Services
Where they are 10 on the map Click a pin for the profile and directions
6

Cadence Lending Group

Cadence Lending Group focuses on helping clients secure home loans with competitive interest rates and manageable closing costs. Their team guides borrowers through the mortgage process, often providing clear explanations and responsive communication. While many appreciate their professionalism and support, some clients have experienced delays and communication challenges during closing.

Services & Prices
Home Purchase Loans Quoted per loan
Refinancing Loans Quoted per loan
VA Loans Quoted per loan
View Profile
(915) 779-1633
Closed Now
211 W Yandell Dr, El Paso, TX 79902, USA
General Services
Mortgage Services
7

Prime Mortgage LLC

Prime Mortgage LLC is known for guiding first-time homebuyers through the mortgage process with clear explanations and consistent communication. The team offers loan approvals with minimal documentation and stays responsive throughout. Some customers note a lack of upfront payment details before signing, but many appreciate the personal care and support they receive.

Services & Prices
Conventional Loan Quoted per loan
VA Loans Quoted per loan
FHA Loans Quoted per loan
Rate Reduction Quoted per loan
View Profile
(915) 587-7463
Closed Now
550 S Mesa Hills Dr suite a-1, El Paso, TX 79912, USA
General Services
Mortgage Financing
8

My Home Loans, LLC

My Home Loans, LLC has been helping El Paso residents navigate home financing since 1995, focusing on conventional loans that speed up the purchase process. The team offers clear guidance and stays responsive throughout, making the experience smoother, though some find the variety of loan options initially overwhelming.

Services & Prices
Pre-Approval Services Quoted per loan
Loan Rate Comparison Quoted per loan
View Profile
(915) 921-1003
Closed Now
11380 Montwood Dr Ste A5, El Paso, TX 79936, USA
General Services
Home Loan Services
9

Old West Lending

Old West Lending specializes in helping borrowers with credit scores as low as 500 shortly after bankruptcy or foreclosure. The team offers flexible guidelines for conventional, FHA, and VA loans, often assisting clients who have been declined elsewhere. Customers appreciate their responsiveness and willingness to work through challenging situations.

Services & Prices
Conventional Loans Quoted per loan
FHA Loans Quoted per loan
VA Loans Quoted per loan
Credit Analysis Quoted per loan
View Profile
(575) 649-6545
Closed Now
7001 Westwind Dr, El Paso, TX 79912, USA
General Services
Home Financing
10

Rocky Mountain Mortgage Company

Rocky Mountain Mortgage Company offers in-house underwriting and specializes in home loans for first-time buyers, growing families, and business owners. With over 30 years in the industry, they provide mortgages for both new and used homes. Customers appreciate their integrity and personalized approach, though some note challenges with communication and responsiveness.

Services & Prices
VA Loan Quoted per loan
Pre-Approval Quoted per loan
Conventional Loan Quoted per loan
Credit and Underwriting Review Quoted per loan
View Profile
(915) 791-4150
Closed Now
1368 N Zaragoza Rd Suite H, El Paso, TX 79936, USA
General Services
Mortgage Lending

Latest reviews of El Paso Mortgage Brokers

Written on TrustAnalytica by clients of the businesses in this list
  • Vic

    There are so many great reviews but unfortunately, I did not have the best service, I was lied to. The Property had a lien and the loan officer knew of this, they failed to mention it after the first title company( Lone Star Title) notified Town Square Mortgage about the lien, so they moved to a dif…

El Paso Mortgage Statistics

Home-purchase lending in El Paso County and home costs in El Paso, TX (latest HMDA and Census data)

Lenders made 8,354 home-purchase loans in El Paso County in 2025 (average about $272,000) and denied 1,275 — 13% of decided applications, compared with 19% across Texas, according to federal mortgage data (HMDA, CFPB). In El Paso, the median home is worth $184,500 and 54% of owners have a mortgage, paying a median $1,604 a month (Census ACS 2020–2024).

Home-purchase loans, 2025
8,354▲ 3%8,143 in 2024
Denial rate
13%TX 19%
Median home value
$184,500TX $283,800
Monthly cost with a mortgage
$1,604median · TX $2,106
Refinance loans made (El Paso County, 2025)
3,153 · 2,446 in 2024
Home-improvement loans made (2025)
695
Average home-purchase loan
$272,000 (TX $364,000)
Owners with a mortgage
54% · 32% of them spend 30%+ of income on housing
Median household income
$59,745 (TX $78,476)

Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in El Paso County (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.

El Paso Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 Sun City Home Loans 4.9 100 Quoted per loan (915) 276-7629 Visit
2 New American Funding - El Paso- Mesa Park, TX 4.9 100 Quoted per loan — Visit
3 Insight Mortgage Company 5.0 96 Quoted per loan (915) 525-3053 Visit
4 New American Funding - El Paso - Joe Battle, TX 4.9 81 Quoted per loan (915) 226-0365 Visit
5 Town Square Mortgage, El Paso, TX 4.9 56 Quoted per loan (915) 271-4591 Visit
6 Cadence Lending Group 4.7 40 Quoted per loan (915) 779-1633 Visit
7 Prime Mortgage LLC 4.8 35 Quoted per loan (915) 587-7463 Visit
8 My Home Loans, LLC 4.5 16 Quoted per loan (915) 921-1003 Visit
9 Old West Lending 5.0 11 Quoted per loan (575) 649-6545 Visit
10 Rocky Mountain Mortgage Company 2.9 9 Quoted per loan (915) 791-4150 Visit

How this El Paso mortgage affordability calculator works

Lenders look at your debt-to-income ratio. Housing costs (principal and interest, property tax, homeowners insurance and mortgage insurance) should stay under about 31% of your gross monthly income, and housing plus your other monthly debts under 43%. The calculator finds the highest home price that passes both tests with your down payment, on a 30-year fixed loan.

Texas rules and numbers this calculator uses

Debt-to-income
31% for housing and 43% total, the FHA standard and the long-time Qualified Mortgage limit. Some conventional loans go higher with strong credit and savings.
Down payment
At least 3% on a conventional first-time buyer loan (3.5% on FHA). Under 20% down, private mortgage insurance of about 0.6% of the loan a year is added to the payment.
Property tax
About 1.25% of the home's value a year, the Texas average for owner-occupied homes (2024 Census ACS).
Insurance
Homeowners insurance assumed at $150 a month; it varies a lot by home and location.
Rate
Starts at 7.40% (Freddie Mac 30-year average, October 2026). Change it to the rate you have been quoted.

An estimate, not a mortgage approval or pre-approval. Your credit, income type, the property and the lender all change the answer; a mortgage broker confirms your real number. Sources: Freddie Mac Primary Mortgage Market Survey (October 2026), U.S. Census Bureau American Community Survey 2024 property tax data, FHA and CFPB debt-to-income guidance.

Frequently asked questions

10 questions
How does the mortgage affordability calculator for El Paso work?
It estimates the highest home price you can qualify for using your income, debts, down payment, and interest rate. It includes mortgage amount, monthly payment, PMI, and property tax.
How accurate is the mortgage affordability estimate?
It's a general estimate. A pre-approval from a lender provides a more accurate number by verifying income, debts, and credit.
What is the debt-to-income ratio for mortgages in Texas?
Lenders typically cap housing costs at 31% of gross income and total debts at 43%. Some conventional loans may allow more with strong credit.
What's the minimum down payment for a mortgage in Texas?
Conventional first-time buyer loans require at least 3% down, FHA loans 3.5%. VA and USDA loans may allow 0% down for eligible buyers.
How do interest rates affect mortgage affordability in El Paso?
Higher interest rates increase monthly payments, reducing the home price you can afford. Rates change weekly, starting at 7.40% in October 2026.
How do debts impact the mortgage amount I can qualify for?
Higher monthly debts reduce the mortgage amount you can qualify for, as lenders cap total debt payments at 43% of gross income.
What is the property tax rate for homeowners in Texas?
The property tax rate is about 1.25% of the home's value annually, based on the 2024 average for owner-occupied homes.
What's the difference between mortgage pre-approval and pre-qualification?
Pre-approval involves verifying income, debts, and credit, giving a more accurate borrowing limit. Pre-qualification is a preliminary estimate without verification.
How much house can I afford on a $100k salary in El Paso?
The calculator uses your income, debts, and other factors to estimate affordability. Generally, housing costs shouldn't exceed 31% of your gross monthly income.
What does a mortgage broker do?
A mortgage broker helps find and negotiate mortgage loans from various lenders, potentially saving time and finding better terms.

General information, not financial advice — consult a qualified professional.