EL PASO Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in El Paso averaged
7.23%
for the week of 2024-04-18, compared to the national average of
7.1% for the same period.
The average rate for the prior week (2024-04-11) was
6.91% and
one month ago for the week of 2024-03-14, the
average rate was 6.97%.
El Paso's average rate one year ago was 6.5%.
For refis of the same type during the week of 2024-04-18, the average rate
was 7.59%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-04-18 | 7.1% |
| El Paso 30 Year Fixed Rate | 2024-04-18 | 7.23% |
| El Paso 30 Year Fixed Rate Refi | 2024-04-18 | 7.59% |
| El Paso 15 Year Fixed Rate | 2024-04-18 | 6.97% |
| El Paso 15 Year Fixed Rate Refi | 2024-04-18 | 6.39% |
| El Paso 30 Year FHA | 2024-04-18 | 6.72% |
| El Paso 30 Year FHA Refi | 2024-04-18 | 6.66% |
| El Paso 30 Year USDA | 2024-04-18 | 6.66% |
| El Paso 30 Year USDA Refi | 2024-04-18 | 6.76% |
| El Paso 30 Year VA | 2024-04-18 | 6.61% |
| El Paso 30 Year VA Refi | 2024-04-18 | 6.66% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within EL PASO, TX.
EL PASO Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the EL PASO, TX market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
EL PASO Average Closing Costs & Other Stats
EL PASO, TX's 189 lenders originated 10,425
loans during 2023. The total origination value was $2,444,585,000, with an average loan value of
$234,493.
EL PASO's average closing costs are $5,967.
The top EL PASO lender as defined by loan originations is GECU, with
418 loans originated. Their average total fees are
$3,528, which is $2,469
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee EL PASO lenders (with over 10 loans originated) are
SECURITY SERVICE ($2,813), FirstLight Federal Credit Union ($3,109), GECU ($3,528), Rocky Mountain Mortgage Company ($3,549) and Wells Fargo Bank ($3,766).
The lowest rate EL PASO lenders (with over 10 loans originated) are
EVOLVE (5.40%), EL PASO AREA TEACHERS (6.22%), Wells Fargo Bank (6.30%), CMG MORTGAGE, INC. (6.42%) and Bank of America (6.44%).
EL PASO, TX Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| Commerce Home Mortgage, Inc. | $218,745,000 | $174,930,000 | -20.0% | 7.2% |
| UNITED WHOLESALE MORTGAGE, LLC | $102,465,000 | $159,805,000 | 56.0% | 6.5% |
| GECU | $174,095,000 | $156,530,000 | -10.1% | 6.4% |
| Mortgage Research Center, LLC | $127,045,000 | $104,400,000 | -17.8% | 4.3% |
| Rocky Mountain Mortgage Company | $185,390,000 | $101,550,000 | -45.2% | 4.2% |
| QUICKEN LOANS, LLC | $153,985,000 | $96,060,000 | -37.6% | 3.9% |
| CADENCE LENDING GROUP, INC. | $118,575,000 | $95,355,000 | -19.6% | 3.9% |
| CARDINAL FINANCIAL | $28,905,000 | $90,380,000 | 212.7% | 3.7% |
| GREYSTONE SERVICING COMPANY LLC | $18,675,000 | $70,770,000 | 279.0% | 2.9% |
| CMG MORTGAGE, INC. | $72,355,000 | $70,575,000 | -2.5% | 2.9% |
| WALKER & DUNLOP, LLC | $51,580,000 | n/a | 2.1% | |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $33,455,000 | $50,535,000 | 51.1% | 2.1% |
| NAVY FEDERAL CREDIT UNION | $49,425,000 | $49,950,000 | 1.1% | 2.0% |
| City Bank | $52,615,000 | $49,525,000 | -5.9% | 2.0% |
| First National Bank Texas | $49,045,000 | $48,340,000 | -1.4% | 2.0% |
| PATRIOT MORTGAGE COMPANY | $65,310,000 | $48,075,000 | -26.4% | 2.0% |
| MOVEMENT MORTGAGE, LLC | $78,975,000 | $47,840,000 | -39.4% | 2.0% |
| CBRE MULTIFAMILY CAPITAL, INC. | $42,435,000 | n/a | 1.7% | |
| CROSSCOUNTRY MORTGAGE, LLC | $33,560,000 | $37,805,000 | 12.6% | 1.5% |
| JPMorgan Chase Bank | $28,460,000 | $37,030,000 | 30.1% | 1.5% |
| BROKER SOLUTIONS, INC. | $102,315,000 | $27,420,000 | -73.2% | 1.1% |
| Town Square Mortgage & Investments, Inc. | $23,610,000 | $26,730,000 | 13.2% | 1.1% |
| FirstLight Federal Credit Union | $22,295,000 | $23,595,000 | 5.8% | 1.0% |
| EL PASO AREA TEACHERS | $26,225,000 | $23,025,000 | -12.2% | 0.9% |
| USAA Federal Savings Bank | $26,075,000 | $21,495,000 | -17.6% | 0.9% |
| GUARANTEED RATE, INC. | $56,350,000 | $21,025,000 | -62.7% | 0.9% |
| Sunflower Bank | $5,970,000 | $19,595,000 | 228.2% | 0.8% |
| Waterstone Mortgage Corporation | $18,110,000 | $19,585,000 | 8.1% | 0.8% |
| Century Mortgage Company DBA Century Lending Company | $7,850,000 | $19,190,000 | 144.5% | 0.8% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $23,120,000 | $18,730,000 | -19.0% | 0.8% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $32,405,000 | $18,730,000 | -42.2% | 0.8% |
| THE MORTGAGE LINK, INC. | $17,190,000 | n/a | 0.7% | |
| ORIX REAL ESTATE CAPITAL, LLC | $22,910,000 | $17,145,000 | -25.2% | 0.7% |
| Wells Fargo Bank | $47,190,000 | $16,820,000 | -64.4% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $19,800,000 | $16,355,000 | -17.4% | 0.7% |
| Flagstar Bank, FSB | $14,050,000 | $15,980,000 | 13.7% | 0.7% |
| PLAZA HOME MORTGAGE, INC. | $9,820,000 | $15,750,000 | 60.4% | 0.6% |
| Nations Lending Corporation | $28,920,000 | $14,775,000 | -48.9% | 0.6% |
| SECURITYNATIONAL MORTGAGE COMPANY | $5,050,000 | $14,460,000 | 186.3% | 0.6% |
| Bank of America | $14,865,000 | $14,455,000 | -2.8% | 0.6% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $2,655,000 | $12,170,000 | 358.4% | 0.5% |
| LOANDEPOT.COM, LLC | $58,020,000 | $12,020,000 | -79.3% | 0.5% |
| Plains Commerce Bank | $9,400,000 | $11,980,000 | 27.4% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $26,375,000 | $11,545,000 | -56.2% | 0.5% |
| WestStar Bank | $9,790,000 | n/a | 0.4% | |
| WILLOW BEND MORTGAGE COMPANY, LLC | $695,000 | $9,475,000 | 1,263.3% | 0.4% |
| UNION HOME MORTGAGE CORP. | $17,825,000 | $9,200,000 | -48.4% | 0.4% |
| SECURITY SERVICE | $18,690,000 | $8,645,000 | -53.7% | 0.4% |
| EVOLVE | $13,305,000 | $8,300,000 | -37.6% | 0.3% |
| MORTGAGE FINANCIAL SERVICES, LLC | $8,315,000 | $7,515,000 | -9.6% | 0.3% |
| First Option Mortgage, LLC | $115,000 | $7,450,000 | 6,378.3% | 0.3% |
| FREEDOM MORTGAGE CORPORATION | $13,330,000 | $7,220,000 | -45.8% | 0.3% |
| 21ST MORTGAGE CORPORATION | $5,240,000 | $6,920,000 | 32.1% | 0.3% |
| PNC Bank | $21,240,000 | $6,870,000 | -67.7% | 0.3% |
| NEWREZ LLC | $6,135,000 | $6,530,000 | 6.4% | 0.3% |
| Network Funding, L.P. | $12,125,000 | $6,385,000 | -47.3% | 0.3% |
| Northpointe Bank | $2,205,000 | $6,120,000 | 177.6% | 0.3% |
| Paramount Residential Mortgage Group, Inc. | $2,905,000 | $5,985,000 | 106.0% | 0.2% |
| GENEVA FINANCIAL, LLC | $4,105,000 | $5,890,000 | 43.5% | 0.2% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $3,145,000 | $5,815,000 | 84.9% | 0.2% |
| AMCAP MORTGAGE, LTD. | $6,730,000 | $5,785,000 | -14.0% | 0.2% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $4,380,000 | $5,735,000 | 30.9% | 0.2% |
| U.S. Bank | $9,285,000 | $5,535,000 | -40.4% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $3,095,000 | $5,395,000 | 74.3% | 0.2% |
| ROYAL UNITED MORTGAGE LLC | $4,870,000 | $5,320,000 | 9.2% | 0.2% |
| Ixonia Bank | $1,395,000 | $5,250,000 | 276.3% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $6,670,000 | $5,235,000 | -21.5% | 0.2% |
| GUILD MORTGAGE COMPANY | $2,530,000 | $4,980,000 | 96.8% | 0.2% |
| Truist | $3,845,000 | $4,895,000 | 27.3% | 0.2% |
| CASTLE & COOKE MORTGAGE, LLC | $6,940,000 | $4,585,000 | -33.9% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $4,730,000 | $4,460,000 | -5.7% | 0.2% |
| V.I.P. MORTGAGE, INC. | $8,045,000 | $4,395,000 | -45.4% | 0.2% |
| Carrington Mortgage Services, LLC | $7,240,000 | $4,295,000 | -40.7% | 0.2% |
| Citizens Bank of Las Cruces | $5,100,000 | $4,160,000 | -18.4% | 0.2% |
| First Savings Bank | $7,225,000 | $4,080,000 | -43.5% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $14,720,000 | $3,705,000 | -74.8% | 0.2% |
| LOANPAL, LLC | $10,590,000 | $3,675,000 | -65.3% | 0.2% |
| Citizens Bank | $10,710,000 | $3,635,000 | -66.1% | 0.1% |
| PLANET HOME LENDING, LLC | $2,195,000 | $3,630,000 | 65.4% | 0.1% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $2,005,000 | $3,580,000 | 78.6% | 0.1% |
| OCMBC, INC. | $155,000 | $3,555,000 | 2,193.5% | 0.1% |
| NBKC BANK | $1,225,000 | $3,545,000 | 189.4% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $7,215,000 | $3,465,000 | -52.0% | 0.1% |
| MANN FINANCIAL INC. | $2,225,000 | $3,415,000 | 53.5% | 0.1% |
| Cedar Rapids Bank and Trust Company | $5,215,000 | $2,905,000 | -44.3% | 0.1% |
| SUMMIT FUNDING, INC. | $2,885,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $1,530,000 | $2,835,000 | 85.3% | 0.1% |
| AmeriHome Mortgage Company, LLC | $2,315,000 | $2,810,000 | 21.4% | 0.1% |
| Discover Bank | $2,560,000 | $2,605,000 | 1.8% | 0.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $2,910,000 | $2,550,000 | -12.4% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $1,785,000 | $2,485,000 | 39.2% | 0.1% |
| NEXERA HOLDING LLC | $135,000 | $2,300,000 | 1,603.7% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $3,275,000 | $2,175,000 | -33.6% | 0.1% |
| US MORTGAGE CORPORATION | $2,145,000 | n/a | 0.1% | |
| CALCON MUTUAL MORTGAGE LLC | $1,400,000 | $2,060,000 | 47.1% | 0.1% |
| BETTER MORTGAGE CORPORATION | $7,430,000 | $2,030,000 | -72.7% | 0.1% |
| ENCORE BANK | $315,000 | $2,015,000 | 539.7% | 0.1% |
| EVERETT FINANCIAL, INC. | $2,550,000 | $2,015,000 | -21.0% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $3,245,000 | $2,000,000 | -38.4% | 0.1% |
| The Loan Store, Inc. | $2,000,000 | n/a | 0.1% | |
| BMO Harris Bank | $420,000 | $1,945,000 | 363.1% | 0.1% |
| Equity Prime Mortgage LLC | $3,160,000 | $1,845,000 | -41.6% | 0.1% |
| Vantage Bank Texas | $8,500,000 | $1,835,000 | -78.4% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $285,000 | $1,740,000 | 510.5% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $1,000,000 | $1,720,000 | 72.0% | 0.1% |
| CHERRY CREEK MORTGAGE, LLC | $3,810,000 | $1,715,000 | -55.0% | 0.1% |
| Gateway First Bank | $3,970,000 | $1,640,000 | -58.7% | 0.1% |
| First American Bank | $345,000 | $1,615,000 | 368.1% | 0.1% |
| Zions Bank | $405,000 | $1,605,000 | 296.3% | 0.1% |
| Armed Forces Bank | $3,615,000 | $1,580,000 | -56.3% | 0.1% |
| MORTGAGEONE, INC. | $1,570,000 | n/a | 0.1% | |
| BELEM SERVICING LLC | $360,000 | $1,540,000 | 327.8% | 0.1% |
| First Horizon Bank | $5,680,000 | $1,525,000 | -73.2% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $565,000 | $1,480,000 | 161.9% | 0.1% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $795,000 | $1,475,000 | 85.5% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $700,000 | $1,460,000 | 108.6% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $410,000 | $1,430,000 | 248.8% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $4,085,000 | $1,430,000 | -65.0% | 0.1% |
| INTERCAP LENDING INC. | $825,000 | $1,405,000 | 70.3% | 0.1% |
| Citadel Servicing Corporation | $1,470,000 | $1,390,000 | -5.4% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $1,375,000 | n/a | 0.1% | |
| SUN WEST MORTGAGE COMPANY, INC. | $27,910,000 | $1,375,000 | -95.1% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $4,345,000 | $1,365,000 | -68.6% | 0.1% |
| Princeton Mortgage Corporation | $1,320,000 | n/a | 0.1% | |
| CANOPY MORTGAGE, LLC | $1,840,000 | $1,315,000 | -28.5% | 0.1% |
| DOMINION FINANCIAL SERVICES, LLC | $3,090,000 | $1,275,000 | -58.7% | 0.1% |
| AMWEST FUNDING CORP. | $125,000 | $1,260,000 | 908.0% | 0.1% |
| AMERICAN FEDERAL MORTGAGE CORPORATION | $135,000 | $1,135,000 | 740.7% | 0.0% |
| DIRECTIONS EQUITY, LLC | $1,120,000 | n/a | 0.0% | |
| SeaTrust Mortgage Company | $790,000 | $1,090,000 | 38.0% | 0.0% |
| The Huntington National Bank | $1,335,000 | $1,075,000 | -19.5% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $1,030,000 | $1,015,000 | -1.5% | 0.0% |
| Credit Union of Texas | $415,000 | $1,015,000 | 144.6% | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | $850,000 | $1,005,000 | 18.2% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $1,000,000 | n/a | 0.0% | |
| AHL FUNDING | $990,000 | n/a | 0.0% | |
| Ally Bank | $1,975,000 | $980,000 | -50.4% | 0.0% |
| SUCCESS MORTGAGE PARTNERS, INC. | $205,000 | $970,000 | 373.2% | 0.0% |
| VILLAGE CAPITAL MORTGAGE | $1,200,000 | $970,000 | -19.2% | 0.0% |
| MICHIGAN MUTUAL, INC. | $965,000 | n/a | 0.0% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $420,000 | $955,000 | 127.4% | 0.0% |
| AMERICAN PORTFOLIO MORTGAGE CORPORATION | $955,000 | n/a | 0.0% | |
| THRIVE MORTGAGE, LLC | $1,430,000 | $950,000 | -33.6% | 0.0% |
| COMPASS MORTGAGE, INC. | $1,040,000 | $920,000 | -11.5% | 0.0% |
| NP, Inc. | $720,000 | $920,000 | 27.8% | 0.0% |
| RANDOLPH-BROOKS | $1,205,000 | $900,000 | -25.3% | 0.0% |
| PHH Mortgage Corporation | $1,920,000 | $850,000 | -55.7% | 0.0% |
| INTERLINC MORTGAGE SERVICES, LLC | $145,000 | $800,000 | 451.7% | 0.0% |
| Encompass Lending Group, LP | $1,100,000 | $780,000 | -29.1% | 0.0% |
| First New Mexico Bank, Las Cruces | $685,000 | $765,000 | 11.7% | 0.0% |
| NFM, INC. | $535,000 | $745,000 | 39.3% | 0.0% |
| UNIVERSITY Federal Credit Union | $1,085,000 | $725,000 | -33.2% | 0.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $870,000 | $720,000 | -17.2% | 0.0% |
| Credence Funding Corporation | $400,000 | $700,000 | 75.0% | 0.0% |
| GUARANTEED RATE AFFINITY, LLC | $3,500,000 | $700,000 | -80.0% | 0.0% |
| International Bank of Commerce | $675,000 | $690,000 | 2.2% | 0.0% |
| T2 FINANCIAL LLC | $225,000 | $665,000 | 195.6% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $2,205,000 | $660,000 | -70.1% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $1,020,000 | $660,000 | -35.3% | 0.0% |
| A&D Mortgage LLC | $175,000 | $650,000 | 271.4% | 0.0% |
| SIRVA MORTGAGE, INC. | $1,500,000 | $640,000 | -57.3% | 0.0% |
| LENDSURE MORTGAGE CORP. | $1,110,000 | $615,000 | -44.6% | 0.0% |
| MEMBER FIRST MORTGAGE, LLC | $2,030,000 | $600,000 | -70.4% | 0.0% |
| DHI MORTGAGE COMPANY, LTD. | $580,000 | n/a | 0.0% | |
| Keystone Funding, Inc. | $580,000 | n/a | 0.0% | |
| Bank of England | $1,485,000 | $570,000 | -61.6% | 0.0% |
| AMERICAN FINANCING CORPORATION | $2,950,000 | $555,000 | -81.2% | 0.0% |
| BARTON CREEK LENDING GROUP, LLC | $555,000 | n/a | 0.0% | |
| Fifth Third Bank | $385,000 | $555,000 | 44.2% | 0.0% |
| Loan Simple, Inc. | $995,000 | $540,000 | -45.7% | 0.0% |
| GULF COAST EDUCATORS FEDERAL CREDIT UNION | $185,000 | $530,000 | 186.5% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $1,915,000 | $525,000 | -72.6% | 0.0% |
| NEW FED MORTGAGE, CORP. | $525,000 | n/a | 0.0% | |
| Washington Federal Bank | $1,105,000 | $525,000 | -52.5% | 0.0% |
| BAY EQUITY LLC | $420,000 | $520,000 | 23.8% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $315,000 | $520,000 | 65.1% | 0.0% |
| Lakeview Community Capital, LLC | $7,830,000 | $520,000 | -93.4% | 0.0% |
| LOANPEOPLE, LLC | $360,000 | $520,000 | 44.4% | 0.0% |
| SWBC MORTGAGE CORPORATION | $785,000 | $520,000 | -33.8% | 0.0% |
| FIRST CENTENNIAL MORTGAGE CORPORATION | $510,000 | n/a | 0.0% | |
| DIGITAL Federal Credit Union | $505,000 | n/a | 0.0% | |
| FLAT BRANCH MORTGAGE, INC. | $500,000 | n/a | 0.0% | |
| HOMESIDE FINANCIAL, LLC | $1,330,000 | $500,000 | -62.4% | 0.0% |
| Hometown Equity Mortgage, LLC | $1,035,000 | $500,000 | -51.7% | 0.0% |
| BAY-VALLEY MORTGAGE GROUP | $495,000 | n/a | 0.0% | |
| ENDEAVOR CAPITAL, LLC. | $495,000 | n/a | 0.0% | |
| Kwik Mortgage Corporation | $410,000 | $495,000 | 20.7% | 0.0% |
| The First Liberty National Bank | $495,000 | n/a | 0.0% | |
| White Sands Federal Credit Union | $490,000 | n/a | 0.0% | |
| PREMIA MORTGAGE, LLC | $315,000 | $485,000 | 54.0% | 0.0% |
| BancorpSouth | $420,000 | $480,000 | 14.3% | 0.0% |
| Regions Bank | $2,345,000 | $480,000 | -79.5% | 0.0% |
| UIF CORPORATION | $305,000 | $480,000 | 57.4% | 0.0% |
| Baxter Credit Union | $840,000 | $475,000 | -43.5% | 0.0% |
| M&T Bank | $230,000 | $470,000 | 104.3% | 0.0% |
| TEXAS TECH | $470,000 | n/a | 0.0% | |
| First United Bank and Trust Company | $1,405,000 | $460,000 | -67.3% | 0.0% |
| Commerce Bank | $455,000 | n/a | 0.0% | |
| FIRST MORTGAGE COMPANY, INC. | $455,000 | n/a | 0.0% | |
| TOWNE MORTGAGE COMPANY | $1,400,000 | $455,000 | -67.5% | 0.0% |
| American Mortgage & Equity Consultants, Inc. | $440,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $410,000 | $440,000 | 7.3% | 0.0% |
| HOMESTEAD FUNDING CORP. | $435,000 | n/a | 0.0% | |
| Presidential Bank, FSB | $395,000 | $435,000 | 10.1% | 0.0% |
| Goldwater Bank, N.A. | $3,350,000 | $425,000 | -87.3% | 0.0% |
| Mid-Continent Funding, Inc. | $420,000 | $420,000 | 0.0% | 0.0% |
| Colonial Savings, F.A. | $295,000 | $410,000 | 39.0% | 0.0% |
| GUIDANCE RESIDENTIAL, LLC | $380,000 | $410,000 | 7.9% | 0.0% |
| SILVER HILL FUNDING, LLC | $1,580,000 | $410,000 | -74.1% | 0.0% |
| Arvest Bank | $155,000 | $405,000 | 161.3% | 0.0% |
| PANORAMA MORTGAGE GROUP, LLC | $215,000 | $400,000 | 86.0% | 0.0% |
| American National Bank & Trust | $395,000 | n/a | 0.0% | |
| BOKF | $1,160,000 | $395,000 | -65.9% | 0.0% |
| HighTechLending Inc | $95,000 | $390,000 | 310.5% | 0.0% |
| NexBank | $655,000 | $380,000 | -42.0% | 0.0% |
| Stifel Bank and Trust | $1,010,000 | $380,000 | -62.4% | 0.0% |
| ARC HOME LLC | $375,000 | n/a | 0.0% | |
| The Federal Savings Bank | $410,000 | $375,000 | -8.5% | 0.0% |
| CHARTWAY FEDERAL CREDIT UNION | $365,000 | n/a | 0.0% | |
| NEW DAY FINANCIAL, LLC | $1,670,000 | $365,000 | -78.1% | 0.0% |
| RESIDENTIAL BANCORP | $145,000 | $345,000 | 137.9% | 0.0% |
| GSF Mortgage Corporation | $360,000 | $330,000 | -8.3% | 0.0% |
| OPEN MORTGAGE, LLC | $330,000 | n/a | 0.0% | |
| Centennial Bank | $225,000 | $325,000 | 44.4% | 0.0% |
| Firefighters First Federal Credit Union | $125,000 | $325,000 | 160.0% | 0.0% |
| First Bank | $1,905,000 | $325,000 | -82.9% | 0.0% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $665,000 | $315,000 | -52.6% | 0.0% |
| Old National Bank | $305,000 | n/a | 0.0% | |
| Simmons Bank | $470,000 | $305,000 | -35.1% | 0.0% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $295,000 | n/a | 0.0% | |
| SFMC, LP | $975,000 | $295,000 | -69.7% | 0.0% |
| Summit Mortgage Corporation | $295,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $1,235,000 | $290,000 | -76.5% | 0.0% |
| CITYWIDE HOME LOANS, LLC | $285,000 | n/a | 0.0% | |
| HOMESPIRE MORTGAGE CORPORATION | $285,000 | n/a | 0.0% | |
| Citibank | $5,275,000 | $270,000 | -94.9% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $270,000 | n/a | 0.0% | |
| FOUNDATION MORTGAGE CORPORATION | $265,000 | n/a | 0.0% | |
| Heritage Bank | $265,000 | n/a | 0.0% | |
| NTFN, INC. | $580,000 | $265,000 | -54.3% | 0.0% |
| BECKAM FUNDING CORP. | $145,000 | $260,000 | 79.3% | 0.0% |
| INTELLILOAN, INC. | $135,000 | $255,000 | 88.9% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $255,000 | n/a | 0.0% | |
| ALL WESTERN MORTGAGE, INC. | $245,000 | n/a | 0.0% | |
| BNC National Bank | $1,900,000 | $245,000 | -87.1% | 0.0% |
| Brighton Bank | $285,000 | $245,000 | -14.0% | 0.0% |
| Independent Bank | $1,115,000 | $240,000 | -78.5% | 0.0% |
| JMAC LENDING, INC. | $330,000 | $235,000 | -28.8% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $185,000 | $235,000 | 27.0% | 0.0% |
| Evolve Bank & Trust | $165,000 | $225,000 | 36.4% | 0.0% |
| Core Bank | $215,000 | n/a | 0.0% | |
| GMFS LLC | $215,000 | n/a | 0.0% | |
| LHM FINANCIAL CORPORATION | $175,000 | $215,000 | 22.9% | 0.0% |
| TOTAL MORTGAGE SERVICES, LLC | $215,000 | n/a | 0.0% | |
| East Coast Capital Corp. | $205,000 | n/a | 0.0% | |
| First Federal Bank | $3,665,000 | $205,000 | -94.4% | 0.0% |
| First Financial Bank | $800,000 | $205,000 | -74.4% | 0.0% |
| KELLER MORTGAGE, LLC | $1,480,000 | $205,000 | -86.1% | 0.0% |
| North American Savings Bank, F.S.B. | $4,080,000 | $205,000 | -95.0% | 0.0% |
| THE MONEY SOURCE INC. | $205,000 | n/a | 0.0% | |
| TIB The Independent Bankersbank | $205,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $195,000 | n/a | 0.0% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $165,000 | $195,000 | 18.2% | 0.0% |
| Peoples Bank | $195,000 | n/a | 0.0% | |
| CHEVRON | $600,000 | $185,000 | -69.2% | 0.0% |
| DELMAR FINANCIAL COMPANY | $185,000 | n/a | 0.0% | |
| Stride Bank | $185,000 | n/a | 0.0% | |
| UNIFY FINANCIAL Credit Union | $145,000 | $180,000 | 24.1% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $455,000 | $175,000 | -61.5% | 0.0% |
| Meridian Bank Corporation | $175,000 | n/a | 0.0% | |
| Platinum Home Mortgage Corporation | $175,000 | n/a | 0.0% | |
| UMB Bank | $175,000 | n/a | 0.0% | |
| Ameris Bank | $165,000 | n/a | 0.0% | |
| CONTOUR MORTGAGE CORPORATION | $280,000 | $165,000 | -41.1% | 0.0% |
| COUNTRYPLACE MORTGAGE, LTD. | $165,000 | n/a | 0.0% | |
| MASON MCDUFFIE MORTGAGE CORPORATION | $605,000 | $165,000 | -72.7% | 0.0% |
| TJC Mortgage, Inc. | $105,000 | $165,000 | 57.1% | 0.0% |
| CLM MORTGAGE, INC | $275,000 | $145,000 | -47.3% | 0.0% |
| CrossFirst Bank | $145,000 | n/a | 0.0% | |
| Frost Bank | $75,000 | $140,000 | 86.7% | 0.0% |
| MidFirst Bank | $15,000 | $130,000 | 766.7% | 0.0% |
| Deere Employees Credit Union | $105,000 | n/a | 0.0% | |
| RED RIVER EMPLOYEES | $105,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $890,000 | $105,000 | -88.2% | 0.0% |
| FAA Federal Credit Union | $95,000 | n/a | 0.0% | |
| KINECTA | $155,000 | $95,000 | -38.7% | 0.0% |
| FIRST SERVICE Credit Union | $135,000 | $85,000 | -37.0% | 0.0% |
| Advisors Mortgage Group, L.L.C. | $105,000 | $75,000 | -28.6% | 0.0% |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $885,000 | $75,000 | -91.5% | 0.0% |
| United Texas Credit Union | $75,000 | n/a | 0.0% | |
| ADVANCIAL | $65,000 | n/a | 0.0% | |
| FIRST COMMUNITY CREDIT UNION | $165,000 | $65,000 | -60.6% | 0.0% |
| ALL IN | $55,000 | n/a | 0.0% | |
| Prosperity Bank | $3,090,000 | $45,000 | -98.5% | 0.0% |
| Transportation Federal Credit Union | $35,000 | n/a | 0.0% | |
| Southwest Airlines Federal Credit Union | $25,000 | n/a | 0.0% |
EL PASO's top lender by overall market share is Commerce Home Mortgage, Inc., with 7.2% market share. In second place, with 6.5%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $159,805,000 in loans. In third place, with 6.4%, is GECU, having originated $156,530,000 in loans. In fourth place, with 4.3%, is Mortgage Research Center, LLC, having originated $104,400,000 in loans. In fifth place, with 4.2%, is Rocky Mountain Mortgage Company, having originated $101,550,000 in loans.
EL PASO Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - EL PASO (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $167,950 (2.2%) | $197,104 (-3.2%) | 0.62 | 3,504 |
| 2018-02-01 | $168,225 (2.0%) | $196,667 (-3.7%) | 0.61 | 3,531 |
| 2018-03-01 | $169,775 (2.3%) | $198,781 (-3.0%) | 0.60 | 3,449 |
| 2018-04-01 | $172,225 (3.8%) | $200,788 (-3.6%) | 0.58 | 3,259 |
| 2018-05-01 | $173,488 (3.9%) | $201,242 (-3.3%) | 0.58 | 3,213 |
| 2018-06-01 | $175,000 (4.2%) | $203,328 (-4.6%) | 0.58 | 3,162 |
| 2018-07-01 | $176,475 (5.1%) | $205,403 (-3.7%) | 0.59 | 3,158 |
| 2018-08-01 | $177,250 (5.5%) | $204,217 (-3.5%) | 0.59 | 3,066 |
| 2018-09-01 | $177,388 (5.6%) | $203,735 (-3.9%) | 0.60 | 3,075 |
| 2018-10-01 | $176,975 (5.5%) | $202,710 (-3.2%) | 0.60 | 3,188 |
| 2018-11-01 | $178,475 (6.0%) | $203,760 (-3.3%) | 0.61 | 3,144 |
| 2018-12-01 | $179,900 (6.8%) | $206,745 (4.5%) | 0.62 | 2,987 |
| 2019-01-01 | $183,725 (9.4%) | $208,978 (6.0%) | 0.63 | 2,797 |
| 2019-02-01 | $184,975 (10.0%) | $210,193 (6.9%) | 0.62 | 2,784 |
| 2019-03-01 | $187,629 (10.5%) | $214,423 (7.9%) | 0.61 | 2,692 |
| 2019-04-01 | $189,925 (10.3%) | $218,853 (9.0%) | 0.60 | 2,620 |
| 2019-05-01 | $191,475 (10.4%) | $221,680 (10.2%) | 0.60 | 2,621 |
| 2019-06-01 | $191,950 (9.7%) | $222,335 (9.4%) | 0.60 | 2,597 |
| 2019-07-01 | $191,450 (8.5%) | $222,094 (8.1%) | 0.60 | 2,654 |
| 2019-08-01 | $191,727 (8.2%) | $223,539 (9.5%) | 0.61 | 2,638 |
| 2019-09-01 | $190,755 (7.5%) | $224,757 (10.3%) | 0.61 | 2,611 |
| 2019-10-01 | $190,583 (7.7%) | $226,490 (11.7%) | 0.61 | 2,594 |
| 2019-11-01 | $195,000 (9.3%) | $228,928 (12.4%) | 0.64 | 2,576 |
| 2019-12-01 | $193,450 (7.5%) | $226,399 (9.5%) | 0.65 | 2,442 |
| 2020-01-01 | $192,950 (5.0%) | $226,825 (8.5%) | 0.64 | 2,381 |
| 2020-02-01 | $192,950 (4.3%) | $228,575 (8.8%) | 0.63 | 2,408 |
| 2020-03-01 | $195,975 (4.5%) | $230,152 (7.3%) | 0.61 | 2,308 |
| 2020-04-01 | $193,950 (2.1%) | $228,213 (4.3%) | 0.61 | 2,249 |
| 2020-05-01 | $202,950 (6.0%) | $233,740 (5.4%) | 0.62 | 1,944 |
| 2020-06-01 | $210,470 (9.7%) | $243,421 (9.5%) | 0.62 | 1,598 |
| 2020-07-01 | $217,088 (13.4%) | $245,834 (10.7%) | 0.63 | 1,458 |
| 2020-08-01 | $216,066 (12.7%) | $248,534 (11.2%) | 0.62 | 1,478 |
| 2020-09-01 | $215,700 (13.1%) | $251,572 (11.9%) | 0.62 | 1,413 |
| 2020-10-01 | $225,950 (18.6%) | $256,073 (13.1%) | 0.65 | 1,413 |
| 2020-11-01 | $232,100 (19.0%) | $262,264 (14.6%) | 0.68 | 1,340 |
| 2020-12-01 | $228,107 (17.9%) | $261,980 (15.7%) | 0.68 | 1,353 |
| 2021-01-01 | $230,000 (19.2%) | $267,421 (17.9%) | 0.69 | 1,265 |
| 2021-02-01 | $230,462 (19.4%) | $269,435 (17.9%) | 0.67 | 1,188 |
| 2021-03-01 | $234,975 (19.9%) | $267,420 (16.2%) | 0.67 | 1,148 |
| 2021-04-01 | $237,611 (22.5%) | $268,856 (17.8%) | 0.64 | 1,073 |
| 2021-05-01 | $245,000 (20.7%) | $277,518 (18.7%) | 0.65 | 1,027 |
| 2021-06-01 | $248,950 (18.3%) | $287,782 (18.2%) | 0.66 | 1,016 |
| 2021-07-01 | $249,900 (15.1%) | $285,176 (16.0%) | 0.66 | 1,061 |
| 2021-08-01 | $247,950 (14.8%) | $284,989 (14.7%) | 0.66 | 1,122 |
| 2021-09-01 | $247,950 (15.0%) | $286,008 (13.7%) | 0.66 | 1,098 |
| 2021-10-01 | $250,000 (10.6%) | $292,552 (14.3%) | 0.67 | 1,161 |
| 2021-11-01 | $253,588 (9.3%) | $293,015 (11.7%) | 0.68 | 1,104 |
| 2021-12-01 | $255,950 (12.2%) | $300,425 (14.7%) | 0.69 | 1,022 |
| 2022-01-01 | $261,500 (13.7%) | $306,624 (14.7%) | 0.71 | 911 |
| 2022-02-01 | $267,656 (16.1%) | $310,205 (15.1%) | 0.70 | 881 |
| 2022-03-01 | $275,000 (17.0%) | $317,585 (18.8%) | 0.69 | 870 |
| 2022-04-01 | $280,000 (17.8%) | $320,751 (19.3%) | 0.67 | 931 |
| 2022-05-01 | $282,600 (15.4%) | $329,216 (18.6%) | 0.65 | 1,014 |
| 2022-06-01 | $281,600 (13.1%) | $332,242 (15.5%) | 0.63 | 1,171 |
| 2022-07-01 | $284,950 (14.0%) | $333,165 (16.8%) | 0.64 | 1,498 |
| 2022-08-01 | $285,475 (15.1%) | $329,146 (15.5%) | 0.66 | 1,538 |
| 2022-09-01 | $291,225 (17.5%) | $334,289 (16.9%) | 0.68 | 1,576 |
| 2022-10-01 | $291,725 (16.7%) | $333,290 (13.9%) | 0.69 | 1,840 |
| 2022-11-01 | $290,975 (14.7%) | $328,828 (12.2%) | 0.70 | 1,890 |
| 2022-12-01 | $291,250 (13.8%) | $329,155 (9.6%) | 0.72 | 1,884 |
| 2023-01-01 | $293,475 (12.2%) | $333,079 (8.6%) | 0.73 | 1,877 |
| 2023-02-01 | $296,975 (11.0%) | $336,712 (8.5%) | 0.72 | 1,829 |
| 2023-03-01 | $298,938 (8.7%) | $342,437 (7.8%) | 0.71 | 1,822 |
| 2023-04-01 | $300,030 (7.2%) | $350,990 (9.4%) | 0.70 | 1,666 |
| 2023-05-01 | $310,000 (9.7%) | $355,655 (8.0%) | 0.70 | 1,741 |
| 2023-06-01 | $303,888 (7.9%) | $352,426 (6.1%) | 0.68 | 1,951 |
| 2023-07-01 | $304,800 (7.0%) | $352,381 (5.8%) | 0.69 | 2,112 |
| 2023-08-01 | $300,950 (5.4%) | $352,679 (7.2%) | 0.69 | 2,189 |
| 2023-09-01 | $299,500 (2.8%) | $352,175 (5.4%) | 0.70 | 2,253 |
| 2023-10-01 | $294,950 (1.1%) | $348,420 (4.5%) | 0.69 | 2,414 |
| 2023-11-01 | $294,213 (1.1%) | $345,927 (5.2%) | 0.70 | 2,501 |
| 2023-12-01 | $295,000 (1.3%) | $344,035 (4.5%) | 0.72 | 2,330 |
| 2024-01-01 | $295,000 (0.5%) | $339,830 (2.0%) | 0.72 | 2,303 |
| 2024-02-01 | $298,570 (0.5%) | $340,766 (1.2%) | 0.72 | 2,435 |
| 2024-03-01 | $299,500 (0.2%) | $345,633 (0.9%) | 0.70 | 2,449 |
EL PASO's median listing price for 2024-03-01 was $299,500, a difference of
$562
(0.2%) versus the prior year and
$930 versus the prior month.
EL PASO's median listing price comes in at 70% of the national average.
EL PASO's average listing price for 2024-03-01 was $345,633, a difference of $3,196 (0.9%) versus the prior year and $4,867 versus the prior month.
For the 2024-03-01 period, EL PASO had 2,449 MLS listings, a difference of 14 listings (1%) versus the prior month and 627 listings (34%) versus the prior year.
EL PASO's median listing price comes in at 70% of the national average.
EL PASO's average listing price for 2024-03-01 was $345,633, a difference of $3,196 (0.9%) versus the prior year and $4,867 versus the prior month.
For the 2024-03-01 period, EL PASO had 2,449 MLS listings, a difference of 14 listings (1%) versus the prior month and 627 listings (34%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - EL PASO (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 97 days | 1,800 sqft |
| 2018-02-01 | 100 days | 1,800 sqft |
| 2018-03-01 | 86 days | 1,803 sqft |
| 2018-04-01 | 79 days | 1,823 sqft |
| 2018-05-01 | 80 days | 1,823 sqft |
| 2018-06-01 | 80 days | 1,843 sqft |
| 2018-07-01 | 78 days | 1,846 sqft |
| 2018-08-01 | 71 days | 1,859 sqft |
| 2018-09-01 | 71 days | 1,859 sqft |
| 2018-10-01 | 66 days | 1,856 sqft |
| 2018-11-01 | 70 days | 1,855 sqft |
| 2018-12-01 | 73 days | 1,852 sqft |
| 2019-01-01 | 83 days | 1,840 sqft |
| 2019-02-01 | 74 days | 1,841 sqft |
| 2019-03-01 | 69 days | 1,869 sqft |
| 2019-04-01 | 67 days | 1,888 sqft |
| 2019-05-01 | 65 days | 1,905 sqft |
| 2019-06-01 | 64 days | 1,913 sqft |
| 2019-07-01 | 58 days | 1,899 sqft |
| 2019-08-01 | 60 days | 1,908 sqft |
| 2019-09-01 | 65 days | 1,899 sqft |
| 2019-10-01 | 67 days | 1,900 sqft |
| 2019-11-01 | 72 days | 1,913 sqft |
| 2019-12-01 | 79 days | 1,892 sqft |
| 2020-01-01 | 81 days | 1,886 sqft |
| 2020-02-01 | 70 days | 1,874 sqft |
| 2020-03-01 | 66 days | 1,884 sqft |
| 2020-04-01 | 76 days | 1,855 sqft |
| 2020-05-01 | 83 days | 1,892 sqft |
| 2020-06-01 | 76 days | 1,903 sqft |
| 2020-07-01 | 66 days | 1,936 sqft |
| 2020-08-01 | 57 days | 1,952 sqft |
| 2020-09-01 | 46 days | 1,909 sqft |
| 2020-10-01 | 54 days | 1,937 sqft |
| 2020-11-01 | 65 days | 1,967 sqft |
| 2020-12-01 | 68 days | 1,954 sqft |
| 2021-01-01 | 67 days | 1,954 sqft |
| 2021-02-01 | 50 days | 1,916 sqft |
| 2021-03-01 | 50 days | 1,925 sqft |
| 2021-04-01 | 56 days | 1,913 sqft |
| 2021-05-01 | 44 days | 1,987 sqft |
| 2021-06-01 | 42 days | 1,987 sqft |
| 2021-07-01 | 43 days | 1,975 sqft |
| 2021-08-01 | 38 days | 1,932 sqft |
| 2021-09-01 | 44 days | 1,937 sqft |
| 2021-10-01 | 45 days | 1,960 sqft |
| 2021-11-01 | 52 days | 1,964 sqft |
| 2021-12-01 | 65 days | 1,959 sqft |
| 2022-01-01 | 55 days | 1,945 sqft |
| 2022-02-01 | 33 days | 1,936 sqft |
| 2022-03-01 | 36 days | 1,910 sqft |
| 2022-04-01 | 37 days | 1,938 sqft |
| 2022-05-01 | 30 days | 1,938 sqft |
| 2022-06-01 | 34 days | 1,930 sqft |
| 2022-07-01 | 32 days | 1,930 sqft |
| 2022-08-01 | 48 days | 1,930 sqft |
| 2022-09-01 | 52 days | 1,941 sqft |
| 2022-10-01 | 52 days | 1,954 sqft |
| 2022-11-01 | 60 days | 1,941 sqft |
| 2022-12-01 | 68 days | 1,941 sqft |
| 2023-01-01 | 73 days | 1,933 sqft |
| 2023-02-01 | 67 days | 1,935 sqft |
| 2023-03-01 | 60 days | 1,930 sqft |
| 2023-04-01 | 54 days | 1,941 sqft |
| 2023-05-01 | 50 days | 1,950 sqft |
| 2023-06-01 | 53 days | 1,941 sqft |
| 2023-07-01 | 57 days | 1,951 sqft |
| 2023-08-01 | 63 days | 1,951 sqft |
| 2023-09-01 | 64 days | 1,941 sqft |
| 2023-10-01 | 61 days | 1,914 sqft |
| 2023-11-01 | 65 days | 1,899 sqft |
| 2023-12-01 | 74 days | 1,894 sqft |
| 2024-01-01 | 76 days | 1,877 sqft |
| 2024-02-01 | 67 days | 1,884 sqft |
| 2024-03-01 | 58 days | 1,897 sqft |
EL PASO's median listing age (time on market) for 2024-03-01 was 58 days.
This
is -3%
shorter
than the same period one year ago.
EL PASO's median square footage for active listings during the 2024-03-01 period was 1,897 sqft. One year prior, the average listing was 1,930 sqft.
EL PASO's median square footage for active listings during the 2024-03-01 period was 1,897 sqft. One year prior, the average listing was 1,930 sqft.
EL PASO, TX Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 79821 | El Paso, TX HUD Metro FMR Area | $640 | $780 | $930 | $1,300 | $1,580 |
| 79835 | El Paso, TX HUD Metro FMR Area | $620 | $760 | $900 | $1,250 | $1,530 |
| 79836 | El Paso, TX HUD Metro FMR Area | $570 | $700 | $830 | $1,160 | $1,410 |
| 79838 | El Paso, TX HUD Metro FMR Area | $570 | $700 | $830 | $1,150 | $1,410 |
| 79849 | El Paso, TX HUD Metro FMR Area | $570 | $700 | $830 | $1,150 | $1,410 |
| 79853 | El Paso, TX HUD Metro FMR Area | $570 | $700 | $830 | $1,150 | $1,410 |
| 79901 | El Paso, TX HUD Metro FMR Area | $570 | $700 | $830 | $1,150 | $1,410 |
| 79902 | El Paso, TX HUD Metro FMR Area | $620 | $760 | $900 | $1,250 | $1,530 |
| 79903 | El Paso, TX HUD Metro FMR Area | $580 | $710 | $840 | $1,170 | $1,430 |
| 79904 | El Paso, TX HUD Metro FMR Area | $610 | $740 | $880 | $1,230 | $1,500 |
| 79905 | El Paso, TX HUD Metro FMR Area | $570 | $700 | $830 | $1,150 | $1,410 |
| 79906 | El Paso, TX HUD Metro FMR Area | $1,010 | $1,240 | $1,470 | $2,050 | $2,500 |
| 79907 | El Paso, TX HUD Metro FMR Area | $650 | $790 | $940 | $1,310 | $1,600 |
| 79908 | El Paso, TX HUD Metro FMR Area | $1,010 | $1,240 | $1,470 | $2,050 | $2,500 |
| 79910 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79911 | El Paso, TX HUD Metro FMR Area | $1,010 | $1,240 | $1,470 | $2,050 | $2,500 |
| 79912 | El Paso, TX HUD Metro FMR Area | $790 | $970 | $1,150 | $1,600 | $1,960 |
| 79913 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79914 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79915 | El Paso, TX HUD Metro FMR Area | $580 | $720 | $850 | $1,180 | $1,450 |
| 79916 | El Paso, TX HUD Metro FMR Area | $1,010 | $1,240 | $1,470 | $2,050 | $2,500 |
| 79917 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79918 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79920 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79922 | El Paso, TX HUD Metro FMR Area | $760 | $930 | $1,100 | $1,530 | $1,870 |
| 79923 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79924 | El Paso, TX HUD Metro FMR Area | $680 | $830 | $990 | $1,380 | $1,690 |
| 79925 | El Paso, TX HUD Metro FMR Area | $780 | $960 | $1,140 | $1,590 | $1,940 |
| 79926 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79927 | El Paso, TX HUD Metro FMR Area | $600 | $730 | $870 | $1,210 | $1,480 |
| 79928 | El Paso, TX HUD Metro FMR Area | $740 | $900 | $1,070 | $1,490 | $1,820 |
| 79929 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79930 | El Paso, TX HUD Metro FMR Area | $620 | $760 | $900 | $1,250 | $1,530 |
| 79931 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79932 | El Paso, TX HUD Metro FMR Area | $700 | $860 | $1,020 | $1,420 | $1,740 |
| 79934 | El Paso, TX HUD Metro FMR Area | $890 | $1,100 | $1,300 | $1,810 | $2,210 |
| 79935 | El Paso, TX HUD Metro FMR Area | $670 | $820 | $970 | $1,350 | $1,650 |
| 79936 | El Paso, TX HUD Metro FMR Area | $800 | $980 | $1,160 | $1,620 | $1,980 |
| 79937 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79938 | El Paso, TX HUD Metro FMR Area | $840 | $1,030 | $1,220 | $1,700 | $2,080 |
| 79940 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79941 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79942 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79943 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79944 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79945 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79946 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79947 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79948 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79949 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79950 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79951 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79952 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79953 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79954 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79955 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79968 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79995 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79996 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 79997 | El Paso, TX HUD Metro FMR Area | $670 | $830 | $980 | $1,360 | $1,670 |
| 88063 | El Paso, TX HUD Metro FMR Area | $660 | $710 | $830 | $1,170 | $1,350 |
2022 Average & Median Rent Data Statistics
EL PASO, TX average 1BR rent: $848, median: $830
EL PASO, TX average 2BR rent: $1,003, median: $980
EL PASO, TX average 3BR rent: $1,395, median: $1,360
EL PASO, TX Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 7,745 | $1,932,285,000 | $249,488 |
| Cash Out Refi | 1,218 | $181,180,000 | $148,752 |
| Home Improvement | 662 | $50,240,000 | $75,891 |
| Other | 425 | $36,965,000 | $86,976 |
| Refi | 375 | $243,915,000 | $650,440 |
El Paso's most frequently cited loan purpose was Home Purchase, with 7,745 originations. The 2nd most popular reason was Cash Out Refi, with 1,218 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 4,195 | $993,975,000 | $236,943 |
| 7-8% | 2,580 | $528,100,000 | $204,690 |
| 5-6% | 2,099 | $574,815,000 | $273,852 |
| Over 8% | 1,029 | $144,975,000 | $140,889 |
| 4-5% | 254 | $69,850,000 | $275,000 |
| <2.5% | 114 | $18,510,000 | $162,368 |
| 3-4% | 25 | $3,605,000 | $144,200 |
| 2.5-3% | 8 | $1,910,000 | $238,750 |
During 2023, El Paso's most frequently originated rate bucket was 6-7%, with 4,195 originations.
Loan Sizing (EL PASO, TX MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 5,064 | $1,361,050,000 | $268,770 |
| $100k-200k | 2,956 | $456,220,000 | $154,337 |
| $100,000 or less | 1,792 | $100,900,000 | $56,306 |
| $400k-600k | 479 | $223,365,000 | $466,315 |
| $600k-1000k | 95 | $67,675,000 | $712,368 |
| $Over $1MM | 39 | $235,375,000 | $6,035,256 |
EL PASO's loan sizing saw the bucket of loans from $200k-400k with 5,064 originations, totaling $1,361,050,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 5,792 | $1,491,160,000 | $257,452 |
| 60-80% | 1,650 | $394,040,000 | $238,812 |
| 20-40% | 803 | $71,935,000 | $89,583 |
| 40-60% | 730 | $210,340,000 | $288,137 |
| Under 20% | 697 | $24,255,000 | $34,799 |
| Over 100% | 672 | $209,380,000 | $311,577 |
EL PASO's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 5,792 originations, totaling $1,491,160,000 in origination value.