Energy-Efficient Mortgages Alamogordo NM

Local resource for energy-efficient mortgages in Alamogordo, NM. Includes detailed information on local businesses that give access to energy efficient mortgages, mortgage companies, energy efficient loans as well as information on mortgage companies and content on mortgages.

Pioneer Bank
(505) 437-9075
Puerto Rico And 10Th
Alamogordo, NM
 
Casa Y Tierra
(505) 434-6770
1211 Cuba Ave
Alamogordo, NM
 
Citifinancial
(505) 437-5922
702 10th Street
ALAMOGORDO, NM
Services
Mortgage Brokers

State National Bank
(505) 434-2660
600 9th Street
ALAMOGORDO, NM
Services
Mortgage Brokers

Ruidoso Mortgage Company of Alamo
(505) 439-5070
1216 New York Avenue
ALAMOGORDO, NM
Services
Mortgage Brokers

Pioneer Bank
(505) 437-9075
Puerto Rico And 10Th
Alamogordo, NM
 
First National Bank
(575) 437-4880
414 10Th St
Alamogordo, NM
 
Otero Federal Credit Union Holloman Afb
(505) 434-8500
823 10th Street
Alamogordo, NM
 
Pioneer Abstract And Title Company
(505) 437-5810
909 Delaware Avenue
Alamogordo, NM
 
Primerica Financial Services
(505) 434-3360
1701 10th Street
ALAMOGORDO, NM
Services
Mortgage Brokers

Energy Efficient Mortgages

What are energy efficient mortgages? More and more people are using them to purchase greener homes and save money in the long run. See what they are, who can use them, and what the benefit of having an energy efficient mortgage is.  

Energy Efficient Mortgages are mortgages that will give credit for a home’s energy efficiency in an actual mortgage, which gives a lendee the chance to fund cost-effective, energy saving home. This extends the debt-to-income eligibility ratios, allowing a lendee to meet the requirements for a larger loan. Not only do they receive a larger loan, but they also improve their situation with a home that is better and more energy-efficeint. 

Why should people buy energy efficient homes? There are many benefits to having an energy efficient home. The first two things that people talk about when buying an energy efficient home is that a) it costs less and b) it is better for the environment. An energy-efficient home saves a homeowner a significant amount of money on monthly bills because it uses less energy for heating, cooling, and water heating. It also creates less pollution, an obvious benefit for the environment. Energy efficient homes are also said to have increased comfort. Homes are typically cooler in the summertime, and warmer in the winter without using nearly as much energy. It is also said that the air quality in these homes is much better—improvement of duct systems typically means better airflow. 

These energy efficiency mortgages are mostly used to purchase new homes, which are already energy efficient. However, an energy efficient mortgage can be used to do energy efficient upgrades on existing or older homes. People who use these can spend a little bit more on their monthly mortgage payment because their energy efficient homes cost less on a monthly basis for other bills. In order to apply and receive an energy efficient mortgage, the borrower normally has to allow a home energy ...

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New Mexico Mortgage Licensing Body

Website: www.rld.state.nm.us

Phone: (505) 476-4885

State: New Mexico

Licensed By: Regulations and Licensing Dept. Division of Finance

Additional Info: Regulations and Licensing Dept. Division of Finance - (505) 476-4885 http://www.rld.state.nm.us/ (NM is licensed through the NMLS)