Special Offers for EGStoltzfus Customers
You found a builder you trust to build your dream home. Now it’s time to find an established bank to help make that dream a reality. ENB can help! We are a true community bank and we offer a variety of home loan solutions, backed by our team of friendly, local Mortgage Experts. We can help you choose the best program, or combination of programs, based on your situation. We know the construction business, and you can count on us to get you through the process.
Wealth Builder
A 15-year mortgage that builds equity in your home twice as fast as a traditional 30-year mortgage without doubling your monthly payment. Save thousands in interest charges and no monthly mortgage insurance required. No income or home purchase price restrictions. Borrower’s credit score must be 700 or higher and debt to income ratio cannot exceed 43%. 15-year Fixed or a 5/6m SOFR ARM options available.
FHA-Guaranteed Home Loans
FHA loans are designed to help low to moderate income borrowers buy a home with a down payment as low as 3.5% of the home’s purchase price and more lenient credit score requirements. No income limitations. Mortgage limits in Lancaster, Lebanon, and Berks counties are $314,827. FHA also permits refinance options including cash-out.
VA-Guaranteed Home Loans
The VA offers 3 mortgage programs which allow up to 100% home financing for Active Duty Service Members, Veterans, National Guard Members, Reserve Members, and certain surviving spouses. Purchase Loans, Streamline Refinance Loans (IRRRL), and Cash-Out Refinance Loans are available. Must obtain a Certificate of Eligibility from the VA that verifies your military service. Sellers assistance for closing costs is also available, making it possible for a Veteran to purchase a home for as little as $500.
Fast Move Loan
The perfect solution if you’re relying on proceeds from the sale of your current home for the down payment and closing costs on your new home. ENB will loan up to 85% of the equity in the home you’re selling. Interest-only payments for up to 12 months on loans up to $600,000. For-Sale-By-Owner options available with reduced loan-to-value advances available. Escrow for taxes and homeowner’s insurance is not required.