Mortgage Loans

TFCU offers fixed and adjustable rate mortgage loans. With a fixed rate loan, the monthly mortgage payment (principal and interest rate) remains the same throughout the life of the loan.


An adjustable rate mortgage enables the rate on the loan to adjust throughouft the life of the loan according to the terms agreed upon with the lender. Borrowers that do not plan to be in the home over a few years can take advantage of the lower monthly payment an adjustable rate mortgage loan usually offers the first few years of the loan.


Because interest rates change daily, TFCU offers an interest rate lock-in that guarantees a specific interest rate if the loan is closed and funded within the specific lock-in period and according to the loan terms. If rates go up or down, it will have no effect on the rate of your loan as long as you are locked in and the lock-in has not expired. If the lock-in time period has expired the borrower will have to relock the loan based on the rates available at time of lock-in.


TFCU offers 40 and 60 day lock-ins for existing properties and for new construction; the rate can be locked 30 days prior to completion. When a loan is not locked in, it is considered "floating." This means the rate is not guaranteed. Borrowers must "lock-in" loans prior to closing and must only choose from the rates offered on the day the loan is locked in.


All loans are subject to credit approval. Rates and terms may vary and certain restrictions may apply . All loan rates stated are Annual Percentage Rates.

To speak to a Mortgage Loan Officer please call 915-926-2683.
The maximum loan TFCU will lend on an FHA loan is $271,050.00.
This loan program can be used for purchases and refinances.


Karla M. Patiño 

NMLS #495186        
Mortgage Loan Officer
2500 E. Yandell
El Paso, Tx 79903

Pat A. Carrillo 

NMLS #1249682        
Mortgage Loan Officer
12020 Rojas
El Paso, Tx 79936

Claudia Mata

NMLS #989414        
Mortgage Loan Officer
3600 Joe Battle
El Paso, TX 79938

Velma Herrera

NMLS #1584697        
Mortgage Loan Originator
6610 Continental Drive
El Paso, TX 79925



CU NMLS # 247953



For further information and/or appointments please contact: