EASY HOME FINANCING!
Finance your new home with low monthly payments
New Start Homes in El Paso has many different lenders to choose from, not to mention our own in-house financing programs which have special programs for first-time homebuyers.
What do I need to do to Apply?
We aim to make the homebuying process an easy one.
Step 1: Get Pre-Qualified Online
Step 2: Schedule your Appointment to come pick out your new home
What to bring to your in-person appointment?
- Drivers License
(or) itin card
- Last Paycheck Stub
- Prior year's Tax Return
- Current & Previous Employer Address / Phone info
- Last Paycheck Stub
- Prior year's Tax Return
- Current & Previous Employer Address / Phone info
Do I have to pay a down payment?
Yes, when buying a home from New Start Homes, we require a minimum 5 - 10% down payment, unless you have a trade-in (or) own land and wish to
do land-in-lieu of a down payment. Many customers choose this option since it helps finance their
initial down payment by using their land as collateral.
How many years does it take to pay-off a manufactured home loan?
With over four national lenders to choose from, you have multiple home financing options that include loan terms with 5, 10, 15, 20, and 30-year
notes. You tell our home specialist what you want to spend each month and we can help you find the right loan situation for your family.
Low Monthly Payments
The average monthly payment for many of our customers is $575 a month.
Land-in-Lieu
Have land? You can use that as your down payment!
