Available Loan Programs

  • Available in a variety of fixed rate loan options
  • May allow you to use a gift or grant for all or a portion of your closing costs
  • Low down payment options
  • Flexible credit requirements
  • Closing costs can be financed
  • Provides a wide range of rate, term, and cost options for eligible Veterans
  • No monthly mortgage insurance
  • No down payment required
  • Closing costs can be financed
  • No down payment required
  • Lower mortgage insurance than FHA
  • Closing costs can be financed
  • Flexible credit requirements
  • Property must be located in an eligible rural area
  • Income must be lower than area median income


  • Potential for the lowest interest rate
  • Lowest total monthly payment options
  • Mortgage Insurance is cancelled after paying down the mortgage to 80%
  • Predictable monthly P&I payments allow you to budget more easily
  • Protection from rising interest rates for the life of the loan
  • Down payment is required
  • Better than average credit required

Privacy policy | Preventing Identity Theft | Credit Counseling Disclosure | United States Patriot Act Disclosure

Bank of England Mortgage has tried to provide accurate and timely information; however, the content of this site may not be accurate, complete or current and may include technical inaccuracies or typographical errors. From time to time changes may be made to the content of this site without notice. Bank of England Mortgage may change the products, services, and any other information described on this site at any time. The information published on this site is provided as a convenience to visitors and is for informational purposes only. You should verify all information before relying on it and decisions based on information contained in our site are your sole responsibility. If you are an individual with disabilities who needs accommodation, or you are having difficulty using our website to apply for a loan, please contact us at (518) 324-5544. This contact information is for accommodation requests only. 

Bank of England Mortgage is a division of Bank of England. Member FDIC. Equal Housing Lender. NMLS # 418481