Energy-Efficient Mortgages Durango CO

Local resource for energy-efficient mortgages in Durango, CO. 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.

Lenders Association Inc
(856) 778-7500
230 E 6Th Ave
Durango, CO
 
Western Home Mortgage
(970) 382-5950
1315 Main Avenue Suite 221
DURANGO, CO
Services
Mortgage Brokers

Vantage Point Mortgage
(970) 382-0820
185 Suttle Street Suite 101A
DURANGO, CO
Services
Mortgage Brokers

Vectra Bank Mortgage Group
(970) 247-4183
1101 East 2nd Avenue
DURANGO, CO
Services
Mortgage Brokers

First National Bank Of Durango
(970) 247-3020
259 W 9th St
DURANGO, CO
Services
Mortgage Brokers

Primesource Mortgage
(970) 375-0195
121 E 10Th St
Durango, CO
 
Integrated Physical Therapy
(970) 385-0644
130 Rock Point Drive
DURANGO, CO
Services
Mortgage Brokers

Town and Country Home Loan
(970) 382-2200
555 South Camino Del Rio
DURANGO, CO
Services
Mortgage Brokers

Wells Fargo - Durango
(970) 247-3242
200 W College Dr
Durango, CO
Type
Branch
Office Hours
Mon-Fri 07:30 AM-06:00 PM
Sat 09:00 AM-03:00 PM
Sun Closed

Mountain West Insurance
(970) 259-8082
515 E College Dr
Durango, CO
 

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 ...

Click here to read the rest of this article from Remodeleze.com

Colorado Mortgage Licensing Body

Website: www.dora.state.co.us

Phone: (303) 894-2166

State: Colorado

Licensed By: Division of Real Estate

Additional Info: Attorney General's Office 303-866-4500 (2nds) Division of Real Estate 303- 894-2166 http://www.dora.state.co.us/real-estate/index.htm (CO LOs are licensed through the NMLS)http://www.coloradoattorneygeneral.gov/departments/consumer_protection/uccc_cab/ucccRegulated by the Colorado Division of Real Estate