Energy-Efficient Mortgages Corbin KY

Local resource for energy-efficient mortgages in Corbin, KY. 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.

Hometown Bank Of Corbin Inc
(606) 528-2000
1030 Cumberland Falls Highway
Corbin, KY
 
Central Financial Services Inc
(606) 862-4433
498 S Laurel Road
London, KY
 
Union National Bank And Trust
(606) 546-5143
202 North Main Street
Barbourville, KY
 
Corbin Insurance Agency
(606) 528-5151
100 North Kentucky Avenue
Corbin, KY
 
Tricounty Mortgage Co
(606) 523-1076
207 North Main Street
Corbin, KY
 
Tri County Mortgage Co
(606) 523-1076
207 N. Main Street
Corbin, KY
 
Cumberland Valley Natl Bank Tr
(606) 878-7010
4Th Main Street
London, KY
 
1st Financial Credit Inc
(606) 528-3007
1610 Cumberland Falls Highway
CORBIN, KY
Services
Mortgage Brokers

Thoroughbred Title And Closing Inc.
(606) 526-6445
1464 West Cumberland Gap Parkway
Corbin, KY
 
State Farm Bank
(606) 523-1119
1121 South Main Street
Corbin, KY
 

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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Kentucky Mortgage Licensing Body

Website: www.kfi.ky.gov

Phone: (502) 573-3390

State: Kentucky

Licensed By: Kentucky Dept of Financial Institutions

Additional Info: Kentucky Dept of Financial Institutions - http://www.kfi.ky.gov/ 502-573-3390 kfi@ky.gov (KY is licensed through the NMLS)