|
|
|
|
 |
|
| |
| Fixed Rate Mortgage |
| Adjustable Rate Mortgages (ARMs) |
| Interest Only Fixed Rate Mortgages (SecureCombo) |
|
Fixed Rate Mortgage
Planning to stay in your home for the long term? Looking to build equity and obtain a stable and traditional mortgage? ENG's 10/15/20 or 30- Year Fixed Rate program may be the best option for you!
Your ENG loan team will put together a comprehensive spreadsheet for you to review- explaining to you the difference in payment between a 30-year, a 20-year, and a 15-year fixed rate mortgage. After the options are reviewed together, you will discuss which payment is most comfortable to you and will better suit your needs.
Term: 30 years
Maximum Amount: $417,000
|
 |
Adjustable Rate Mortgages (ARMs)
Adjustable Rate Mortgages are highly viable loan programs for homebuyers looking for a low interest rate and monthly payment. Considering most homeowners stay in their homes for only 5-7 years, the 3/5/ or 7-Year ARMs are excellent loan options for many borrowers.
More Info About Adjustable Rate Mortgages | Apply Now | Return to Top
Term: 10 years
Maximum Amount: $417,000
|
|
Interest Only Fixed Rate Mortgages (SecureCombo)
Imagine an interest-only payment option with a low fixed interest rate.
Looking to control your mortgage payments? Now, with ENG's SecureCombo home loan, you can enjoy the security of a fixed-rate home loan - with the freedom of making interest-only payments! Pay just the interest - or pay interest plus principal. With SecureCombo, you finally have a flexible way to pay your home loan. What could be easier?
More Info About Interest Only Fixed Rate Mortgages | Apply Now | Return to Top
Term: 30 years
Maximum Amount: $417,000
|
|
|
Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.
|
|
|
|
|
|