Energy-Efficient Mortgages Hermiston OR

Local resource for energy-efficient mortgages in Hermiston, OR. 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.

Mann Mortgage LLC
(541) 564-6154
115 W. Hermiston Suite 140
Hermiston, OR
 
Mann Mortgage Llc
(541) 564-6154
115 W Hermiston Ave
Hermiston, OR
 
Home Loan Center
(541) 564-6194
115 West Hermiston Avenue Suite 140
HERMISTON, OR
Services
Mortgage Brokers

Community Bank
(541) 567-0303
204 East Main Street
Hermiston, OR
 
Bank Of America
(541) 567-6468
305 E Main St
HERMISTON, OR
Services
Mortgage Brokers

Banner Bank
(541) 564-4271
100 E Gladys Ave
Hermiston, OR
 
American Pacific Mortgage
(541) 564-5900
955 Se 4Th St Ste B
Hermiston, OR
 
Wheatland Insurance
(541) 567-8834
405 N 1st P.o. Box 1349
Hermiston, OR
 
Leprechaun Insurance
(541) 567-7564
2280 W Highland Ave
Hermiston, OR
 
Columbia River Bank Hermiston Customer Service
(541) 564-6800
1033 South Highway 395
Hermiston, OR
 

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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Oregon Mortgage Licensing Body

Website: www.dfcs.oregon.gov

Phone: (503) 378-4140

State: Oregon

Licensed By: Division of Finance & Corp. Securities

Additional Info: Division of Finance & Corp. Securities 503-378-4140 http://www.dfcs.oregon.gov/index.html (OR is licensed through the NMLS)