Mortgages that get you home.
Whether you're buying your first home, moving into your next one, or refinancing, Ellafi is here to help you understand your options and find a mortgage that fits your goals.
Home loans made for you, neighbor
No two homebuyers are the same. We offer a variety of mortgage options designed to meet your where you are.
fixed-rate mortgages
A fixed-rate mortgage gives you a consistent interest rate and predictable monthly principal and interest payments throughout the life of your loan. It's a straightforward option that can make budgeting for your home easier.
Adjustable-Rate Mortgage (ARM)
An adjustable-rate mortgage (ARM) typically starts with a lower, fixed interest rate for a set period. After the initial period, the rate may adjust periodically based on market conditions, which can cause your monthly payment to change.
refinancing
Refinancing your mortgage could help you better align your home loan with your current financial goals. Depending on your situation, refinancing may help you secure a different interest rate, adjust your loan term, lower your monthly payment, or access equity in your home.
investment property loan
An investment property loan can help you purchase a property with the goal of generating income or building long-term value. Eligible properties may include single-family homes, townhomes, condos, and multi-unit properties.
additional mortgage options
We offer additional financing options, including FHA and VA loans, designed to make homeownership more accessible with flexible qualification and down payment options.
competitive terms
Our mortgage options offer competitive rates and flexible terms, including low down payment and zero-point options on eligible loans. Whether you're purchasing a single-family or multi-family home, we'll help you explore financing that fits your needs.
Explore Our Mortgage Options →
Mortgages - FAQs
What mortgage options does Ellafi offer?
Ellafi offers a variety of mortgage options to help members purchase or refinance a home. Options include fixed-rate mortgages, adjustable-rate mortgages (ARMs), refinancing, investment property loans, and additional financing options such as FHA and VA loans.
What is an Ellafi mortgage loan?
An Ellafi mortgage loan provides financing to help you purchase a home or investment property, or refinance an existing mortgage. With different loan types and terms available, Ellafi can help you explore an option that fits your financial goals and homeownership needs.
What are the benefits of getting a mortgage from Ellafi?
Ellafi offers competitive mortgage rates and flexible terms, including low down payment and zero-point options on eligible loans. Members also receive a personalized lending experience designed to help them understand their choices and find financing that fits their needs.
Can I get a mortgage in CT with Ellafi?
Yes. Eligible members can apply for a mortgage in CT with Ellafi, subject to credit, income, property, and other lending requirements. Ellafi offers a variety of mortgage options to help Connecticut homebuyers purchase or refinance a home.
Are Ellafi mortgage loans only for women?
No. While Ellafi is committed to empowering women and supporting financial independence, mortgage loans are available to all individuals who meet Ellafi’s membership and lending eligibility requirements.
How do I apply for a mortgage with Ellafi?
You can begin the mortgage process online by exploring Ellafi’s mortgage options and completing an application. You can also connect with a Mortgage Expert who can answer questions, explain your options, and help you determine the right path for your home purchase or refinance.
What do I need to apply for an Ellafi mortgage?
Mortgage applications typically require information about your income, employment, assets, debts, credit history, and the property you are financing. Additional documentation may be required depending on the mortgage program and your individual circumstances.
What is the difference between a fixed-rate and adjustable-rate mortgage?
A fixed-rate mortgage has a consistent interest rate and predictable principal and interest payments throughout the life of the loan. An adjustable-rate mortgage, or ARM, typically begins with a lower fixed rate for a set period before the rate may adjust periodically based on market conditions, which can cause payments to change.
How long does the mortgage approval process take?
The mortgage approval timeline can vary depending on the type of loan, the property, your financial situation, and how quickly required documentation is provided. An Ellafi Mortgage Expert can help you understand the process and provide guidance on what to expect throughout your application.
Talk to a Mortgage Expert
Have questions about buying a home or refinancing? Connect with a Mortgage Expert who can help you understand your options and find the right path forward.
Mortgage resources and education
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