Energy-Efficient Mortgages Espanola NM

Local resource for energy-efficient mortgages in Espanola, 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.

Los Alamos National Bank
(505) 662-5171
1200 Trinity Drive
Los Alamos, NM
 
Bank of America - Rio Arriba Main
(505) 367-1780
1123 Riverside Drive North
Espanola, NM
Type
Banking Center
Services
Banking Center Services: Change Order, Commercial Deposits, Night Deposits, Drive Up
Indoor ATM Services: Open 24 Hours, Talking ATM, Braille, Accepts Deposits, Deposit Image
Languages
English, Spanish, Chinese, Korean, French, Russian, Portuguese
Office Hours
Monday 9-4
Tuesday 9-4
Wednesday 9-4
Thursday 9-4
Friday 9-6
Saturday Closed
Sunday Closed
Drive Up Hours
Monday 9-6
Tuesday 9-6
Wednesday 9-6
Thursday 9-6
Friday 9-6
Saturday Closed
Sunday Closed

Valley Abstract And Title Co Inc
(505) 753-6064
1120 Industrial Park Road
Espanola, NM
 
Chamisa Realty
(505) 753-2258
523 East Fairview Lane
ESPANOLA, NM
Services
Mortgage Brokers

Valley National Bank
(505) 753-2136
322 North Riverside Drive
ESPANOLA, NM
Services
Mortgage Brokers

Espanola Abstract Co Inc
(505) 753-2248
224 Los Alamos Highway
Espanola, NM
 
Century Bank
(505) 367-1200
North Riverside Drive
ESPANOLA, NM
Services
Mortgage Brokers

Del Norte Credit Union
(505) 753-5228
1216 Paseo De Onate
ESPANOLA, NM
Services
Mortgage Brokers

Bank Of America
(505) 753-2155
1124 N Riverside Dr
ESPANOLA, NM
Services
Mortgage Brokers

Ziegler Insurance Agency
(505) 753-9597
1003 East Fairview Lane
ESPANOLA, 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)