Home Mortgage Loans
First Get Your Loan, Then Buy Your Home!
Whether it's a first home to raise your family or a vacation home on the Outer Banks, ECB can tailor a mortgage solution just for you. To see all of your mortgage options, visit MyECBMortgage.com.
Local decision-making facilitates a smooth, personalized process from start to finish. Start your home search with an ECB pre-approval letter to give yourself more buying power. We offer special loan programs to give everyone in North Carolina the opportunity to be a homeowner.
- Summary
- Competitive rates
- Wide range of options and terms
- Up to 100% financing for qualified buyers
- Loans up to $6,000,000
- Pre-approval to enhance your buying power
- Streamlined process
- Local decision-making
- Knowledgeable, personalized service
- Construction-to-permanent loans
- Specialty Loan Programs
ECB offers special loan programs to assist buyers who otherwise might not qualify for traditional lending. Our local experts will be with you at every step, fulfilling your every need.
FHA Loans: The Federal Housing Administration offers this program designed for lower income Americans. Typically, an FHA Loan requires a lower down payment. Mortgage insurance is built in, so purchasing additional private mortgage insurance (PMI) is not necessary.
VA Loans: Designed to assist our country's veterans and active services members. The U.S. Department of Veterans Affairs guarantees these loans. They typically require no down payment and have minimal closing costs.
USDA Loans: the USDA Rural Housing program allows for a 102% loan to help pay closing costs in addition to having no down payment. There is no requirement to purchase additional PMI. The purchased home must be located in a designated rural area, and the buyer(s) must be within established income limits.
