Elend Mortgage Overview

Lender Summary

Elend Mortgage is a national lender serving consumers in 48 states and provinces. Elend Mortgage offers a broad range of product offerings including conventional fixed mortgages in 15, and 30 year terms. In addition, Elend Mortgage offers 30 year adjustable rate mortgages (ARMs) in and 5 year terms - Adjustable Rate Mortgages will stay at a fixed rate for an introductory period. After the introductory period, the payment and rate will change with current mortgage rates. Elend Mortgage also offers FHA mortgages to accomodate borrowers with lower credit scores as well as low down payments (to find out more about the low down on FHA Mortgages click HERE). For former or active members of the military, Elend Mortgage offers VA loans which can offer low down payments and zero primary mortgage insurance (PMI).

States Served

Elend Mortgage is a national lender serving customers in all 50 states except: Hawaii, New Hampshire, Utah.

Lender Fees

Lender fees include processing, underwriting, application, and origination charges. Unlike processing, underwriting, and application fees, an origination fee is based off a percentage of the loan amount similar to a discount point. Elend Mortgage has the following FIXED charges for each loan originated: processing - $895, underwriting - $0, application - $0. Elend Mortgage does not charge an origination fee.