Energy-Efficient Mortgages Bassett VA

Local resource for energy-efficient mortgages in Bassett, VA. 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.

Suntrust Mortgage Inc
(703) 666-8339
134 East Church Street
Martinsville, VA
 
Smith River Community Bank Na
(276) 638-2920
730 E Church Street Suite 31
Martinsville, VA
 
Wells Fargo - Bassett
(276) 629-5312
3559 Fairystone Park Hwy
Bassett, VA
Type
Branch
Office Hours
Mon-Fri 09:00 AM-05:00 PM
Sat-Sun Closed

American National Bank & Trust CO
(276) 647-3763
2484 Virginia Avenue
COLLINSVILLE, VA
Services
Mortgage Brokers

Citifinancial
(276) 647-3865
3408 Virginia Avenue
COLLINSVILLE, VA
Services
Mortgage Brokers

Branch Banking And Trust Co
(540) 666-3170
1 Ellsworth Street
Martinsville, VA
 
Wells Fargo - Bassett Remote Mb
(276) 629-5312
1825 Riverside Dr
Bassett, VA
Type
Motor Bank
Office Hours
Mon-Fri 09:00 AM-05:00 PM
Sat-Sun Closed

BB&T
(276) 629-5329
Bassett, VA
 
American National Bank And Trust Co
(276) 647-3763
2484 Virginia Avenue
Collinsville, VA
 
Larry Roach And Associates Insurance Services Inc
(276) 629-7283
46 Floyd Henley Road
Fieldale, VA
 

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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Virginia Mortgage Licensing Body

Website: www.scc.virginia.gov

Phone: (804) 371-9967

State: Virginia

Licensed By: Virginia State Corporation Commission

Additional Info: Bureau of Financial Institutions 804-371-9967 http://www.scc.virginia.gov/bfi/index.aspx (VA licenses LOs through the NMLS)