Patriot Mortgage, a local mortgage lender is located in El Paso Texas. Patriot Mortgage, a locally-owned Mortgage Lender, has been servicing home loans since 1995 for thousands of El Paso residents and is the preferred lender to Tropicana Home. You get more from home loans than just interest rates and points. There are also other fees. APR is the annual cost of borrowing money. It includes not just the rate but also the charges for points over the term of the loan. Truth-in-Lending requires that all home loan terms advertisements include an APR. You can compare loan terms from various lenders by using the APR. Compare loans that have the exact same terms, interest rates, and points to make accurate comparisons. Next, look at the annual percentage rate. You will be less costly if you get a loan with a lower APR.