Patriot Mortgage

Patriot Mortgage: Local Mortgage Lender, El Paso TX Patriot Mortgage is an El Paso, Texas-based local mortgage lender. For more than a decade, Patriot Mortgage, a locally-owned Mortgage Lender, has met thousands of El Paso residents' home loan needs. In case you missed it, Patriot is Tropicana Home's preferred lender, so why don't you join the club and see why? More than Interest Rates and Points, Understand Other Costs Another thing about home loans that must be paid is other fees. APR is the annual cost of borrowing money. APR calculates not just the rate but also any charges for points over the term of the loan. APR Must be in Home Loan Terms Advertisements Truth-in-Lending requires that all home loan terms advertisements include an APR. You can compare loan terms from various lenders by using the APR. Look at the APR to Compare Loans Compare loans that have the exact same terms, interest rates, and points to make accurate comparisons. Next, look at the annual percentage rate. You will be less costly if you get a loan with a lower APR.