Energy Efficiency Mortgages
Whether buying, refinancing, selling, or remodeling your home, we recommend taking advantage of the federally recognized energy efficiency mortgage (EEM). This mortgage allows people to use one loan for financing property acquisition and home energy improvements.
EEMs are an excellent way to make your desired energy upgrades without paying the upfront cost. The resulting dollar savings on your monthly utility bills are larger than the slight increase in your monthly mortgage payments. Moreover, by using an EEM, you can qualify for a larger loan.
To benefit from an EEM, a certified energy rater must assess the house in question. Our company has the certifications necessary to handle EEM’s, along with experience and partnerships in this area of the mortgage industry. We are happy to provide you with additional information via phone or email. If you’d like to read more about the details regarding EEM’s, check out the U.S. Dept. of Housing and Urban Development’s website.