Energy-efficient mortgages provide a handy way for current and prospective homeowners to finance the cost of energy-efficient upgrades in new and existing homes while being more eco-friendly and en...
Energy-efficient mortgages can help borrowers upgrade their homes when they buy or refinance, or afford a more expensive home that’s already energy-efficient.
An energy-efficient mortgage helps people buy or renovate homes with energy-saving upgrades. Learn the pros and cons and different types.
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Lenders have introduced energy-efficient mortgages (EEMs), which help homeowners purchase an eco-friendly home or make improvements to an existing property.
The following features may impact how energy efficient your windows are: Frames and sash: The window frame is what supports and surrounds the entire structure of the window, including the head, jab and sill. The window sash is the horizontal and vertical part of the window that holds the glass in place and allows the structure to move up and down. The materials that comprise the frames and sash, and the way they’re installed, may impact the energy efficiency of the window. Glazing: Glazing is a fancy word for glass. The type of glass installe ...
An energy-efficient mortgage can help the environment and save you some money. Learn about the sustainability efforts of a green mortgage and how to qualify.
An EEM, also known as a green mortgage, can help finance upgrades to make your home more energy-efficient. Explore EEM loan options to help save on utilities.
By: Jhoni Jackson · Editor: Claudia Rodríguez Hamilton · Updated by: Leslie Cook
Mark Jansen, an energy rater affiliated with the Residential Energy Services Network (RESNET) explains how it works. ; “The Energy Efficient Mortgage recognizes that energy efficient homes cost homeowners less to operate on a monthly basis than standard homes because they use less energy. Homebuyers who choose energy efficient homes can afford to spend more on their mortgage because they will likely spend less on their energy costs. The EEM allows borrowers to qualify for a larger mortgage as a result of the energy savings.” ; In addition to new construction, the EEM can also be used for refinance transactions.