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First Community Mortgage (FCM) opened its doors in 1988 as a division of First National Bank Texas. Since then, we have been working in tandem with our clients to turn their dream of buying a home into a reality. Formed with the mission to guide our customers, we aim at providing a mortgage loan that best fits their financial needs.
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FHA home loans are invaluable to El Paso, TX home buyers. This type of loan opens up the dream of home ownership to much of the middle class and allows many families to accumulate wealth and equity providing a stable foundation. If you are buying a home for the first time in El Paso, an FHA loan might be the right choice for you.
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FHA home loans in El Paso are becoming increasingly more common in today’s economy. Simply put, FHA home loans are a type of mortgage that is insured by the Federal Housing Administration. This is a government run agency that is facilitated by the U.S. Department of Housing and Urban Development. Those who receive FHA home loans pay mortgage.