Energy-Efficient Mortgages Fairhaven MA

Local resource for energy-efficient mortgages in Fairhaven, MA. 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.

Wells Fargo Bank Na
(508) 979-4982
143 Union St
New Bedford, MA
 
Castle Mortgage Brokerage Inc
(508) 995-0740
1819 Acushnet Avenue
New Bedford, MA
 
The Mortgage Group Ltd
(774) 628-0075
670 State Road
North Dartmouth, MA
 
Southcoast Mortgage And Investment
(508) 324-4869
875 State Rd
Westport, MA
 
First Horizon Home Loan Corporation
(978) 646-4700
275 Martine St Ste 203
Fall River, MA
 
Southcoast Mortgage And Investment
(508) 717-6744
651 Orchard Street
New Bedford, MA
 
First Interstate Financial
(888) 389-9878
One Shirley Street
South Dartmouth, MA
 
Mortgage Associates Inc
(508) 992-3400
125 Faunce Corner Rd Unit C
North Dartmouth, MA
 
Sallie Mae Home Loans Inc
(781) 335-1122
2360 Cranberry Hwy
West Wareham, MA
 
Gmac Mortgage LLC
(508) 679-9003
101 Sullivan Drive
Fall River, MA
 

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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Massachusetts Mortgage Licensing Body

Website: www.mass.gov

Phone: (617) 956-1501

State: Massachusetts

Licensed By: Massachussets Div if Banks/Office of Consumer Affairs & Business Regulation

Additional Info: Regulated by Massachusetts Division of Banks/Office of Consumer Affairs & Business Regulation - (617) 956-1501 http://www.mass.gov/?pageID=ocaagencylanding&L=4&L0=Home&L1=Government&L2=Our+Agencies+and+Divisions&L3=Division+of+Banks&sid=Eoca (MA is licensed through the NMLS)