Energy-Efficient Mortgages North Kingstown RI

Local resource for energy-efficient mortgages in North Kingstown, RI. 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.

Complete Mortgage Company
(401) 275-2020
1020 Park Avenue Ste 107
Cranston, RI
 
Ocean State Reverse Financing Inc
(401) 667-2578
1130 Ten Rod Rd # D101A
North Kingstown, RI
 
Capital Mortgage Corporation
(401) 884-1860
4512 Post Rd
East Greenwich, RI
 
Northstar Financial Services Inc
(401) 886-1140
1050 Main Street
East Greenwich, RI
 
Primary Home Mortgage LLC
(401) 885-1395
655 Main St Ste 201
East Greenwich, RI
 
Wilmington Finance Inc
(877) 451-9457
650 Ten Rod Rd Unit 3
North Kingstown, RI
 
Mortgage Pros Inc
(401) 886-8500
58 Main Street
East Greenwich, RI
 
Oak Tree Funding LLC
(401) 398-1013
620 Main St Unit 1A
East Greenwich, RI
 
Countrywide Home Loans Inc
(401) 884-9500
2240 S County Trl # 5
East Greenwich, RI
 
Centreville Savings Bank
(401) 821-9100
1218 Main Street
West Warwick, RI
 

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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Rhode Island Mortgage Licensing Body

Website: www.dbr.ri.gov

Phone: (401) 462-9503

State: Rhode Island

Licensed By: Rhode Island Dept. of Business Regulation Division of Banking

Additional Info: Rhode Island Dept of Business Regulation Division of Banking (401) 462-9503 http://www.dbr.ri.gov/divisions/banking/(RI is licensed through the NMLS)