Mortgage Loans

Get the money you need for the house you want.

Whether you are getting ready to buy your first home or are refinancing your current home, ABE has the home loan that is right for you.

Conventional Mortgage Loans

• For purchase or refinance
• Terms up to 30 years

  1 Year Adjustable Rate Mortgage

  3/1 Adjustable Rate Mortgage

  5/1 Adjustable Rate Mortgage

  5/1 Adjustable Rate Mortgage, with a Fixed Rate Conversion Option

  You're invited to explore our new 30 year mortgage product, designed to help you navigate through today's home financing uncertainties. Combine the best of two great products; begin with a low adjustable rate and have the option to convert to a fixed rate. Our 5/1 ARM, with a Fixed Rate conversion option offers an initial rate which is fixed for a period of 5 years.  After the initial 5 year period, the rate is adjusted annually or you may choose to convert to a Fixed Rate during the 6th and 7th year.  Depending on your financial goals, an ARM may be the ideal product for you.  Contact our Mortgage Department at (516) 763-7515 for detailed information including the fixed rate offered at conversion and to request a printed application. Alternatively, click here to apply .

  Apply Today!

   

  If you have any questions or would like further information on applying for an ABE Mortgage or Home Equity Loan, please consult our Real Estate Lending Officer at (516) 763-7515 or send a message through our Secure Contact Us Form

• Competitive adjustable rates

  1 Year Adjustable Rate Mortgage

  • Adjustable rate mortgage or ARM products offer a lower initial rate than a fixed rate mortgage.  Our 1/1 ARM offers an initial rate which is fixed for a period of 1 year.  After the initial year period, the rate is adjusted annually with a lifetime cap of 6%.  Depending on your financial goals, an ARM may be the ideal product for you.  Contact our Mortgage Department (516) 763-7515 for detailed information or click here.

  Apply Today!

  3/1 Adjustable Rate Mortgage

  5/1 Adjustable Rate Mortgage

  5/1 Adjustable Rate Mortgage, with a Fixed Rate Conversion Option

   

  If you have any questions or would like further information on applying for an ABE Mortgage or Home Equity Loan, please consult our Real Estate Lending Officer at (516) 763-7515 or send a message through our Secure Contact Us Form

Low Down Payment

• Only 3% down payment required
• Down payment can be from a variety of sources, including a gift