Energy-Efficient Mortgages Atmore AL

Local resource for energy-efficient mortgages in Atmore, AL. 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.

Agent Kirk Christopher
(251) 368-9891
100 South Carney Street
Atmore, AL
 
Fairway Independent Mortgage Corporation
(251) 296-4660
616 Palafox St
Flomaton, AL
 
Wells Fargo - Bay Minette Main
(251) 580-1582
119 Court House Sq
Bay Minette, AL
Type
Branch
Office Hours
Mon-Thu 08:30 AM-05:00 PM
Fri 08:30 AM-05:30 PM
Sat 08:30 AM-12:00 PM
Sun Closed

Allied Capital Mortgage Corporation
(251) 580-9756
204 East 1st Street
BAY MINETTE, AL
Services
Mortgage Brokers

Southern Land Title Inc
(251) 937-7186
230 Courthouse Square
Bay Minette, AL
 
Pen Air Federal Credit Union
(850) 256-4499
8450 North Century Boulevard
CENTURY, FL
Services
Mortgage Brokers

Southtrust Mortgage
(251) 580-1569
119 Courthouse Square
BAY MINETTE, AL
Services
Mortgage Brokers

Alabama Land Title Co Inc
(251) 937-5566
112 North Hoyle Avenue
Bay Minette, AL
 
Regions Mortgage
(251) 580-0132
408 Courthouse Square
BAY MINETTE, AL
Services
Mortgage Brokers

Ld Holt And Associates Pc
(251) 937-4111
104 East 3rd Street
Bay Minette, AL
 

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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Alabama Mortgage Licensing Body

Website: www.banking.alabama.gov

Phone: (334) 242-3452

State: Alabama

Licensed By: State of Alabama Banking Dept.

Additional Info: State of Alabama Banking Dept. http://www.banking.alabama.gov/default.aspx (334) 242-3452 (AL is licensed through the NMLS)