Mortgage Loans | evolve FCU

If you are interested in refinancing your current home loan, maybe thinking about a home equity loan, or you are simply looking to purchase a new home, then evolve FCU is here to help. We offer mortgage loans in El Paso and now, in Dona Ana County, New Mexico! 

Primary Residence and Vacation Homes:

  • Currently, evolve FCU offers 10, 15, 20 and 30 Year First Mortgage loans.
  • evolve FCU requires a minimum 3% down payment on all purchases.
  • For a list of complete list of items needed before applying for a home loan. Download Mortgage and Home Equity Loans Need List (74 KB)
  • Texas Equity Loan Amount is minimum $15,000 up to maximum of $59,000.
  • First Mortgage Minimum loan amount is $60,000.
  • 10% down required for vacation homes.
  • Escrows Required.

Rental Properties (1-4 Family):

  • Currently, evolve FCU offers 10 and 15 Year First Mortgage loans on investment properties.
  • evolve FCU requires a 20% down payment on purchases of rental properties.
  • You can cash out the equity in your rental property to a maximum of 75% of appraised value.
  • Minimum Loan Amount is $50,000 with maximum Loan Amount of $500,000.
  • Escrows Required.

Mortgage Payments

  • Payments can be made - or set up as repeating transfers via home banking of the mobile app.
  • A payment can be taken automatically from an evolve FCU account. To do so, contact a Mortgage Servicer at mortgage@yqczg.net.
  • Payments can also be taken automatically from an account outside evolve FCU. To do so, contact an eBanker a minimum of 3 business days before the due date to set up the payment. Payments from other accounts must be updated every year at escrow analysis.
  • Payments with a debit or credit card not from evolve FCU can be processed by an eBanker. Fees will apply.

Mortgage Loan Payoff

  • Can be obtained by contacting the mortgage department.
  • Title companies will need to email an authorization form signed by the member to mortgage@yqczg.net or it may be faxed to (915) 595-0767.

Mortgage Loan Servicing

evolve FCU will pay taxes and insurance for escrowed loans. Any questions can be emailed to mortgage@yqczg.net.

Releases of Liens, Verification of Mortgage

A request for a lien release or verification of mortgage may be emailed to mortgage@yqczg.net. The request must be accompanied by a signed borrower’s authorization form.

Homeowner's Insurance Claims

  • To proceed with the claim, email the following items to mortgage@yqczg.net.
    • Adjuster’s report from the insurance company
    • Contract for repair or work being done with the total dollar amount.
    • Check for the claim

Please call 915-599-6820 to speak with our Mortgage Specialist, Stephanie Mendoza, Today. For questions or concerns regarding your existing mortgage, you can also email us at: mortgage@yqczg.net. evolve FCU NMLS # 250889 - Stephanie Mendoza  NMLS # 2075289.


Certain restrictions may apply. All loans subject to credit approval. Rates based on credit history and underwriting factors. See loan officer for details. Program, rates, and conditions are subject to change without notice.