Download Your Free Homebuying Guide
Buying your first home is a big deal, and we want to make sure you feel ready for every step. This guide walks you through what to expect, including:
- Getting your financial house in order (includes a handy worksheet)
- Anticipating the costs of buying a home
- Exploring financing options and programs
- Choosing a real estate agent
- Understanding closing costs and more
Meet Our Lending Team
Buying your first home is an exciting time, but often comes with questions. Our lending team is here to support you from the first step to your front door. We’re here to offer free educational resources and provide trusted guidance at every step along your homebuying journey.
Financial Know-How Starts Here
From helping you manage your budget to saving for big moments, our team has you covered.
Mortgage Options
Fixed-Rate Mortgage
A fixed-rate mortgage gives you the stability of knowing your interest rate and payment will never change when you want predictability and peace of mind throughout your homeownership journey.
- Choose from 15, 20, or 30-year terms that fit your budget
- Down payments as low as 5%, or 3% for first-time homebuyers
- All loans are underwritten locally by our team
- Can be used for home or land purchases
- Lock in today’s rate and plan ahead with confidence
Adjustable-Rate Mortgage
An adjustable-rate mortgage gives you a lower initial interest rate that stays fixed for 3, 5, 7, or 10 years – ideal if you’re planning to move or refinance before the rate adjusts. After your fixed period, the rate adjusts every six months, but you’ll have already enjoyed years of savings when they matter most.
- Choose from 3/6m, 5/6m, 7/6m, or 10/6m terms
- Down payments as low as 5%
- Perfect for shorter-term homeownership plans
- Lower initial rate means more savings upfront
GreatStart HomeLoan™
Our GreatStart HomeLoan™ makes your first home more affordable and within reach, with no private mortgage insurance and the flexibility to put down as little as 3%.
- Choose a 20 or 30-year term with a fixed rate that never increases
- No PMI requirement means lower monthly payments
- Just 3% down to get started
- Sellers can contribute up to 6% toward closing costs
- Use gifts or approved grants for most of your down payment (all but 1%)
- Perfect if you’re planning to stay in your home long-term
- Designed specifically for low to moderate income first-time buyers
- Certain income limits and restrictions apply
FHA-Guaranteed Home Loans
FHA loans make homeownership more accessible with just 3.5% down and more flexible credit requirements – perfect if your financial picture isn’t quite perfect yet.
- Just 3.5% down payment to get started
- More lenient credit score requirements than conventional loans
- Sellers can help cover your closing costs
- ENB may offer lender credits toward closing costs too
- No income limits — anyone can qualify
- Available for homes up to $314,827 in Lancaster, Lebanon, and Berks counties
VA-Guaranteed Mortgage
VA loans honor your commitment with incredible benefits that make homeownership easier and more affordable for you and your family.
- 100% financing — no down payment required
- Available for active-duty service members, veterans, National Guard, Reserve members, and certain surviving spouses
- Three loan types: Purchase, Streamline Refinance (IRRRL), and Cash-Out Refinance
- No private mortgage insurance (PMI)
- Sellers can contribute toward closing costs
- Purchase your home for as little as $500 out of pocket
- Our mortgage team will guide you through every step and explain all your options
First Front Door Program
ENB offers Down Payment Assistance (DPA) programs designed to help make homeownership more accessible. These programs can provide grants, loans, or deferred-payment assistance to help cover upfront costs such as down payments and closing expenses.Many DPA programs are available to first-time homebuyers and individuals or families who meet certain income requirements. Depending on the program, assistance may be provided as a forgivable loan, a deferred-payment loan that is repaid when the home is sold or refinanced, or a low-interest loan.Our mortgage team can help you explore the available options below and determine which programs you may qualify for as you begin your homebuying journey.First Front Door
- Grant Amount: Up to $15,000 in grant funds to assist with down payment and closing costs.
- Requirements: Applicants must be first-time homebuyers (no homeownership within the past three years), meet income eligibility guidelines, complete a homebuyer counseling course, and contribute at least $1,500 of their own funds toward the purchase.
- Repayment: A five-year retention agreement applies. Partial repayment of the grant may be required if the home is sold within the first five years.
- Assistance Amount: Up to 5% of the home’s purchase price or appraised value.
- Program Type: Forgivable second loan with 0% interest and no monthly payments.
- Forgiveness: The loan is forgiven over 10 years as long as program requirements are met.
- Eligible Loan Types: FHA, VA, USDA, and conventional PHFA mortgage programs.
- Assistance Amount: Up to 8% assistance for loan amounts of $150,000 or less, and up to 5% assistance for loan amounts of $150,001 or more.
- Program Type: Deferred-payment second mortgage with 0% interest, no monthly payments, and no amortization.
- Repayment: The balance is repaid when the home is sold, refinanced, transferred, or when the PHFA first mortgage is paid off.
- Eligible Loan Types: FHA, VA, USDA, and conventional PHFA mortgage programs.
Wealth Builder Home Loan
Our Wealth Builder Home Loan helps you build equity twice as fast as a 30-year mortgage – without doubling your monthly payment. Own your home outright in just 15 years while saving thousands in interest.
- Finance up to 103% on home purchases (97% on refinance)
- No monthly mortgage insurance required
- Choose between a 15-year fixed rate or 5/6m adjustable rate
- Pay off your home in half the time of a traditional mortgage
- Save thousands in interest over the life of your loan
- Sellers can contribute up to 6% toward closing costs
- No income or purchase price restrictions
- Available for both first-time buyers and experienced homeowners
- Requires credit score of 700+ and debt-to-income ratio under 43%
Fast Move Home Loan
Our Fast Move Loan lets you tap into your current home’s equity so you can buy your next home without waiting for it to sell – no double moves, no missed opportunities.
- Borrow up to 85% of your home’s equity when listed with a real estate agent
- Reduced loan-to-value options available if selling privately
- Make affordable, interest-only payments until your home sells (up to 12 months)
- Lock in today’s mortgage rate on your new home now
- No escrow required for taxes or insurance
- Loans up to $600,000 available
- Simplified title insurance and appraisal for loans under $250,000
- Move once, straight into your new home
