Mortgage Products ^top

With a wide variety of mortgage products and help from knowledgeable Mortgage Origination Counselors, ESL will help you find the mortgage that puts you together with the home of your dreams¹.

Fixed-Rate Mortgages ^top

Fixed-rate mortgages are ideal for those who want a fixed monthly payment for the life of their mortgage and who plan to stay in their home for a long period of time. In addition:

A fixed rate frees you from mortgage rate swings.
Predictable monthly payments remain the same for the life of the loan.
Your equity grows faster than with an adjustable or balloon mortgage.
Our unique Owners' Dividend^* pays back some of the interest you pay.

Adjustable-Rate Mortgages (ARMs) ^top

Adjustable-rate mortgages¹ are for homeowners who want to start with the lowest possible rate or who plan to move or refinance in a few years. Here are some other worthwhile ARM benefits to consider:

More affordable monthly payment because the initial rate is typically lower than a traditional fixed-rate mortgage.
Lower initial payments can qualify you for a larger loan amount.
Save money during the initial rate period, after which the rate adjusts periodically with market conditions.
Rate caps protect you from large payment swings during volatile rate environments.
Select from 3 or 5 to 1 year ARM programs.
Our unique Owners' Dividend^* pays back some of the interest you pay.

7-Year Balloon Mortgage ^top

The 7-year balloon mortgage is for those who relocate regularly or who plan to stay in their home for less than seven years. Payments are based on a 30-year repayment schedule. The borrower must pay off or refinance the mortgage at the end of the seventh year. Benefits to consider include:

A fixed rate frees you from mortgage rate swings.
Monthly payments remain the same for the life of the loan.
Typically, payments are lower than a traditional fixed-rate loan.
Our unique Owners' Dividend^* pays back some of the interest you pay.

ESL Affordable Housing Solutions ^top

Think owning a home of your own is out of the picture? With ESL Affordable Mortgage Solutions¹, home ownership is possible. Find out which program best fits your needs and say "Yes" to the home of your dreams.

Low-Down Mortgage Loan Programs

A small down payment required for qualified borrowers.
Ideal for first-time homebuyers, move-up borrowers, retirees, and low to moderate-income borrowers.

Call an ESL Mortgage Originator today for a free pre-qualification at 585.336.1502 or 800.352.6669. Or, submit a request online to be contacted by a Mortgage Originator.

New Construction Loans ^top

If you want to build a new home, own the property, and have a builder or general contractor purchase contract, an ESL construction loan¹ can benefit you in a number of ways. This program is not available for builder owners.

With 20% down, you can choose from two programs - the one-step or two step program.
Simple, easy one-application process.
Available low-cost, extended rate locks.
Choose from a fixed-rate, adjustable-rate, balloon, or jumbo mortgages.
Four draw stages to protect the borrower.
Our unique Owners' Dividend^* pays back some of the interest you pay.

Jumbo Loans ^top

The jumbo loan¹ is for those moving to a larger, more expensive home and can afford larger monthly payments. Here's what you can expect:

Larger loan amounts starting at $417,000.
Very competitive rates.
Choose a fixed-rate mortgage or a seven-year balloon mortgage.
Our unique Owners' Dividend^* pays back some of the interest you pay.