A male and female couple

Wealth Builder

ENB’s Wealth Builder Home Loan is a 15-year mortgage that builds equity in your home twice as fast as a traditional 30-year mortgage – without doubling your monthly payment. Up to 103% of the home value is eligible for financing on home purchases, and mortgage insurance is not required. There are no income or home purchase price restrictions on the Wealth Builder, but the borrower’s credit score must be 700 or higher and their debt to income ratio cannot exceed 43%. This loan provides a lot of flexibility with fixed and adjustable rate options available. Sellers are permitted to contribute 6% toward your closing costs. Maximum loan amount is up to the conforming limit.

  • Up to 103% financing on purchase and construction-to-permanent mortgage
  • Up to 97% financing on refinance
  • No monthly mortgage insurance
  • Save thousands in interest charges
  • Pay off your mortgage in half the time
  • No income or purchase price restrictions*
  • Two options available: 15-year Fixed or a 5/1 ARM
  • Not limited to first-time homebuyers
  • Greater underwriting flexibility and options than current government loan programs
  • Permits up to 6% seller contribution toward closing costs

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Contact us and we’ll answer your questions.