Energy-Efficient Mortgages Rutland VT

Local resource for energy-efficient mortgages in Rutland, VT. 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.

Gmac Mortgage LLC
(802) 773-4882
2 South Main St
Rutland, VT
 
First Community Bank
(802) 773-1119
104 Merchants Row
Rutland, VT
 
TD Bank
(802) 786-4182
46 N Main Street
Rutland, VT
Type
Branch
Office Hours
Mon-Wed 8:00-5:00
Th-Fri 8:00-6:00
Sat 8:00-12:00
Drive Up Hours
Mon-Wed 8:00-5:00
Th-Fri 8:00-6:00
Sat 8:00-12:00

Citizens Bank - Rutland
(802) 775-0025
47 Merchants Row
Rutland, VT
Type
Branch
Office Hours
Mon: 9AM-5PM
Tue: 9AM-5PM
Wed: 9AM-5PM
Thu: 9AM-5PM
Fri: 9AM-5PM
Sat: na
Sun: na

Home & Loan Center
(802) 483-6122
P.O. Box 546
Rutland, VT
 
Metlife Bank, National Association
(802) 773-4882
27 S Main St
Rutland, VT
 
Donald E. Steere Agency
(802) 775-2746
607 U S Route 4 East
Rutland, VT
 
Citizens Bank - Rutland Shopping Plaza/Price C
(802) 775-1878
38 Shopping Plaza
Rutland, VT
Type
Branch
Office Hours
Mon: 10AM-7PM
Tue: 10AM-7PM
Wed: 10AM-7PM
Thu: 10AM-7PM
Fri: 10AM-7PM
Sat: 10AM-4PM
Sun: 11AM-3PM

Ctx Mortgage Company
(802) 776-2891
144 Woodstock Avenue
Rutland, VT
 
Banknorth Mortgage Company
(802) 747-6821
89 Merchants Row
Rutland, VT
 

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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