5BR/3BA Owner Finance Home in El Paso, TX | $400,000

2620 Sammy Cervantes St, El Paso, TX 79938

Purchase price: $400,000

5 bed / 3 bath · 3,162 sqft

$28,000 down · $3,230/mo · 5.75% fixed rate

What's special

About this home

This two-story stucco home in El Paso, TX offers 3,162 square feet with 5 bedrooms and 3 bathrooms. The open kitchen features dark wood cabinetry, granite countertops, a tile backsplash, stainless steel appliances, and a large island that opens to the living area. Tile flooring runs through the main living spaces, while bedrooms are carpeted. A two-car garage and stone accents highlight the exterior, and sliding glass doors lead out to a covered patio. The primary bathroom includes a double-sink granite vanity, a glass-enclosed shower, and a freestanding soaking tub.

Status: Available

Terms on this home

How much is the down payment on this home?

$28,000. The down payment goes into a home you own: the deed is recorded in your name at closing, through a title company. If that feels like a stretch, tell our team what you have, because the down payment and the monthly payment move together.

What is the monthly payment?

$3,230 a month. A third-party company services the loan and documents every payment. A larger down payment lowers the monthly payment.

Is the interest rate fixed?

Yes. The rate on this home is 5.75%, fixed for the life of the agreement, and it is the same whatever your credit looks like.

Do I own the home at closing?

Yes. The deed is recorded in your name at closing, through a title company. This is not rent to own: there is no renting first and no option to exercise later. Close in as little as 14 days.

Is there a credit check to buy this home in El Paso, TX?

No. No credit check, no bank and no mortgage application. Approval comes down to the down payment and steady income, and our team does a basic verification of what you earn.

Does no credit check really mean no credit check?

More homes near El Paso, TX