El Paso, TXSanta Teresa, NM
Emi HomeLoans is the lender of choice for CareFree Homes. From the day your lot is staked to the day you get your keys, your Emi loan officer moves in step with your builder, so financing never slows your home down.
Step inside
Walk through the rooms before you visit. Swipe, use the arrows, or tap a room below.
Photos of a CareFree Homes model. Furnishings and décor are for display; finishes and floor plans vary by home and community.
Built & financed in parallel
CareFree's price sheets track every home from PERMIT to MOVE-IN READY. Your Emi loan officer tracks your financing against the very same stages. Pick a stage to see what happens on your lot and on your loan.
Stages shown reflect CareFree Homes construction milestones; loan milestones are typical and vary by program and buyer. Final loan figures are confirmed at clear-to-close.
CareFree communities we finance
Visit a CareFree model home, then bring your favorite floor plan to Emi. Starting prices and renderings are from carefreehomes.com, are artists' conceptions, and are subject to change.
Payment estimator
CareFree homes start in the low-$200s in El Paso and the low-$300s in Santa Teresa. Drag a slider or type an exact number.
Estimate only, for illustration — not a loan offer, quote, or commitment to lend. Uses typical annual property tax of 2.8% (El Paso, TX) or 1.25% (Santa Teresa, NM) and insurance of 0.50% of price. Mortgage insurance estimates: conventional PMI ~0.55%/yr when down payment is under 20%; FHA annual MIP 0.55%/yr plus 1.75% upfront MIP financed into the loan; VA has no monthly mortgage insurance; the funding fee varies by prior VA use and down payment (2.15% first use / 3.30% subsequent with under 5% down; 1.50% with 5–9.99% down; 1.25% with 10%+ down) and is waived for veterans receiving service-connected disability compensation and certain surviving spouses. Actual MI/fee pricing depends on credit, down payment, and program. Excludes HOA dues and lot premiums. Your loan officer will prepare exact figures for your scenario.
Loan programs
First home, bigger home, or forever home. Your Emi loan officer will match the program to your goals, not the other way around.
$0 down for those who served. We specialize in VA financing for Fort Bliss families — and CareFree's Hometown Hero incentive can stack on top for active duty, veterans, first responders, teachers, and nurses.
Flexible credit and low down payments, plus down payment assistance programs that can dramatically lower your cash to close. Ask your loan officer what you qualify for.
Conventional financing for strong-credit buyers, plus a full Non-QM suite — bank statement, DSCR, and programs for self-employed buyers and credit journeys still in progress.
See all twelve Non-QM programs and the Earned Equity Program.
Start your application
Every application at Emi is personal. You apply with a loan officer, not a call center. Pick yours below (already working with one of us? Choose them) and apply securely in about 15 minutes.
Who we are
Emi HomeLoans is your borderland lending team, serving El Paso and Las Cruces from four local offices. When you click apply, you'll see our national platform, All Western Mortgage — same team, same people, more products and options behind your loan.
Fun fact: emi means "smile" in Japanese. We took it as a job description.
