Energy-Efficient Mortgages Pierre SD

Local resource for energy-efficient mortgages in Pierre, SD. 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.

First National Bank
(605) 399-0990
125 W Sioux Ave
Pierre, SD
 
American State Bank Pierre
(605) 224-9233
700 E. Sioux Ave
Pierre, SD
 
South Dakota Mortgage Bankers Association
(800) 726-7322
PO Box 1081
Pierre, SD
 
Bankwest
(605) 301-4881
420 S Pierre St
Pierre, SD
 
US Bank - Pierre Office
(605) 945-2133
604 E Sioux Ave
Pierre, SD
Drive Up Hours
Mon 08:30 am to 05:00 pm
Tue 08:30 am to 05:00 pm
Wed 08:30 am to 05:00 pm
Thur 08:30 am to 05:00 pm
Fri 08:30 am to 05:00 pm

South Dakota Hsng Dev Auth
(605) 773-3181
221 S Central
Pierre, SD
 
Bankwest Inc
(605) 224-7391
420 S Pierre St
Pierre, SD
 
State Farm Insurance
(605) 224-4173
1601 North Harrison Avenue Suite 2B
PIERRE, SD
Services
Mortgage Brokers

South Dakota Hsng Dev Auth
(605) 773-3181
3060 E Elizabeth St
Pierre, SD
 
American State Bank Pierre
(605) 224-9233
700 E. Sioux Ave
Pierre, SD
 

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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South Dakota Mortgage Licensing Body

Website: www.state.sd.us

Phone: (605) 773-3421

State: South Dakota

Licensed By: SD Division of Banking

Additional Info: SD Division of Banking http://www.state.sd.us/drr2/reg/bank/BANK-HOM.htm (605) 773-3421 (SD is licensed through the NMLS)