El Paso Texas Real Estate, Carruthers & Associates, El Paso Real Estate Consultants, El Paso Homes, EL Paso MLS, El Listings

Carruthers & Associates is the premier source for all your real estate needs. Specializing in El Paso Real Estate and surrounding areas, it is our goal to provide our customers a superior level of service and resources to make informed decisions regarding your real estate investments. Established in 2003 and with an owner who has been in the real estate industry for 11 years we are committed to making your selling, buying and/or leasing of your commercial and/or residential property a profitable and pleasurable experience.
Our brokerage firm provides buyers & seller’s representation, residential & commercial leasing, market research and business services for all sectors of the residential and commercial arena.

Presales Going On Now For Town Homes Near the Cowboys Stadium in Arlington, TX. Call us at 915.203.1944 for Details.

Adjustable Rate Mortgage (ARM)
mortgage with adjustable interest rates depending the current market rates. The first year mortgage interest rate (teaser rate) is usually
a couple of points below the current market rate. ARM rates can go up to a certain limit or cap.

Fixed Rate Mortgages
a mortgage with a fixed interest
rate for the life of the mortgage.

FHA Mortgage
aka government mortgage; the mortgage is guaranteed by
Federal Housing Administration (FHA).

Balloon Mortgage
refers to short-term loan where
the loan payment is amortized like
a fixed-rate mortgage for a number of years (5 or 7). At the end of the initial period, the mortgage full balance is due in one single payment(balloon payment).