Energy-Efficient Mortgages Morgantown WV

Local resource for energy-efficient mortgages in Morgantown, WV. 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
(304) 599-2983
688 Killarney Dr
Morgantown, WV
 
American General Financial
(304) 292-3391
827 Fairmont Road
MORGANTOWN, WV
Services
Mortgage Brokers

Clear Mountain Bank
(304) 291-2265
Morgantown, WV
 
Wells Fargo Financial
(304) 983-6140
6532 Mall Rd Morgantown Commons
MORGANTOWN, WV
Services
Mortgage Brokers

Michael David Burnell Agency
(304) 296-3229
277 Don Knotts Blvd
Morgantown, WV
 
Centra Bank Inc
(304) 598-2000
900 Elmer Prince Dr
Morgantown, WV
 
United Bank
(304) 296-8351
176 Holland Avenue
MORGANTOWN, WV
Services
Mortgage Brokers

Centrabank
(304) 292-2000
Waterfront District
MORGANTOWN, WV
Services
Mortgage Brokers

Bruceton Bank Sabraton Kroger Office
(304) 292-2265
Sabraton
MORGANTOWN, WV
Services
Mortgage Brokers

Bruceton Bank - Suncrest Office
(304) 285-2265
Morgantown, WV
 

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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