Typically referred to as a traditional mortgage, this is the most common mortgage used for purchasing a home or land. It’s a great option for borrowers who want predictability.
Adjustable-Rate Mortgage (ARM) loans have an initial interest rate that is fixed. After the fixed-rate period expires, the rate become variable and adjusts annually.
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.
FHA-Guaranteed Home Loans
FHA loans are designed to help low to moderate income borrowers buy a home with a lower down payment and more lenient credit score requirements.
VA-Guaranteed Home Loans
VA mortgage programs allow up to 100% home financing for Active Duty Service Members, Veterans, National Guard Members, Reserve Members and certain surviving spouses.