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Mortgage Resource Center

Welcome to OSFCU!

Welcome to your One Source FCU Mortgage Resource Center! Here you will find everything you need in ONE place to help you step by step during your mortgage loan process here and only here at ONE Source, of course! 

Whether you are a first-time home buyer, looking to refinance your existing home loan, looking to purchase a new home or looking for a second home, One Source FCU will be there to help you every step of the way! So, stop dreaming and start living in your new home. One Source Federal Credit Union will help you find the mortgage solution that works for your budget and lifestyle.

One Source FCU offers mortgage loans for primary residence, or second homes in El Paso, TX and Las Cruces, NM. Let One Source help make your house a home! 

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MEET OUR MORTGAGE LOAN OFFICERS

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Mortgage Products

+ Conventional 10, 15, 20, 30 Year Fixed Rate

+ FHA 15 and 30 Year Fixed Rate

+ VA (Veterans Administration) 15 and 30 Year Fixed Rate

+ Home Possible

+ HomeReady

+ Adjustable Rate Mortgages (ARMs)

Credit Loan Information

All mortgage programs feature basic credit requirements, including credit score minimums. Your credit score, as well as the information on your credit report, are key factors in determining whether you'll be able to get a mortgage. Errors on your credit report can affect your score, so it's important to check your credit report and correct any errors before applying for a loan. Credit score is only one component in a mortgage lenders decision, other factors include: the amount of debt you already have, your total assets, your current income, how much you have in savings, and more.

We offer a variety of loan programs for borrowers with less than ideal credit. Many government mortgage programs feature flexible credit and qualification requirements, addressing some of the most common obstacles homebuyers face when purchasing a home. We recommend requesting and reviewing a free copy of your credit report and if there are errors, resolving them before starting your mortgage application.

Annual Credit Report

Consumer Financial Protection Bureau (CFPB)

Mortgage Options and our Closing Cost Assistance Program

Take advantage of our One Source Closing Cost Assistance Program, and ONLY at One Source of course! One Source will help you with your closing cost, UP TO $4,000. Stop by any of our branches TODAY and let us help you get started on making your dreams of owning your very own home a reality.

Mortgage Closing Costs
Rent vs Own! It’s a great time to buy a home!

"I wanted to send this email letting you know that Karina Hernandez did an exceptional job during the mortgage process. She was always quick to help us and followed up with us consistently. We were very happy with the whole process and Karina made it even better. I would highly recommend Karina to others for their mortgage needs and hope to do so in the future. Thank you!"

- Rachel Ludeman, El Paso TX

They did an excellent job of helping us refinance our home... very great personal service, very accommodating." View his full testimonial

- Victor Apodaca, El Paso TX

My experience with One Source Federal Credit Union dates back to 1971. It has remained positive and rewarding through all those years of my life. Every staff member has been a pleasure to work with. My husband Eddie and I have reached out to One Source for the bulk of our financial needs because of the confidence we have that we will get the best service and best recommendations for our individual needs and inquiries. We were so excited when One Source began offering home loans and refinancing! We just can't say enough about how happy and satisfied we are with One Source Federal Credit Union.

- Pauline Chavez, Las Cruces NM

*Closing Cost Assistance up to $4,000 in select closing costs, pre-paids and reserves does not cover mortgage insurance, seller paid closing costs or discount points. This program is available to eligible borrowers using a Conventional mortgage program on a purchase transaction with One Source Federal Credit Union only. Minimum loan amount to qualify is $100,000. Maximum loan amount is $250,000. Option 1: One Source FCU pays $2,000 towards closing costs, increasing the mortgage interest rate .125%. Option 2: One Source FCU pays $4,000 towards closing costs, increasing the mortgage interest rate .250%. Closing Cost Assistance amount will not be applied until the time of closing on the appropriate closing documents. Closing costs may vary based on transaction. All loans subject to approval. This promotion may not be combined with any other offer, promotion or discount. See credit union for details.
One Source FCU NMLS ID:1505224