Energy Efficient Mortgages, Summit County, ColoradoConsider wrapping in energy home improvements into a mortgage. |
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Energy Efficient MortgagesAlliance Associate Fannie Mae offers an Energy Efficient Mortgage (EEM) through their Housing and the Environment Initiative. The EEM allows borrowers to qualify for a larger mortgage as a result of energy savings. Obtain a home energy rating to determine a home’s relative energy efficiency prior to purchasing to see what upgrades would have the greatest payoff. The cost can sometimes be financed as part of an energy-efficient mortgage. If you are refinancing your home, consider wrapping in energy home improvements. Your interest may be tax deductible. |
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