Energy-Efficient Mortgages Rochester MI

Local resource for energy-efficient mortgages in Rochester, MI. 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.

Premier Mortgage Funding Inc
(248) 650-0830
414 East St Ste 150
Rochester, MI
 
King Financial Inc
(248) 652-2522
602 W University Dr
Rochester, MI
 
Cambridge Mortgage Corp
(248) 659-1100
722 W University Dr
Rochester, MI
 
Gmac Mortgage LLC
(248) 375-3070
3208 Walton Boulevard
Rochester Hills, MI
 
Citywide Mortgage Inc
(586) 323-2255
49976 Van Dyke Ave
Shelby Township, MI
 
Community Central Mortgage Co LLC
(248) 601-0625
1467 North Rochester Road
Rochester Hills, MI
 
Flagstar Bank Fsb
(248) 601-4457
1001 N. Main
Rochester, MI
 
Hamlin Mortgage Company
(248) 299-4773
130 Hampton Cir Ste 150
Rochester Hills, MI
 
Mortgage Plus Of America Corp
(248) 758-2503
1304 Ross Ln
Rochester, MI
 
Union Mortgage Services Inc
(248) 813-5995
5700 Crooks Road Suite 107
Troy, MI
 

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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Michigan Mortgage Licensing Body

Website: lara

Phone: (877) 999-6442

State: Michigan

Licensed By: Michigan Office of Financial and Insurance Regulations

Additional Info: www.michigan.gov/lara