Energy-Efficient Mortgages Sandpoint ID

Local resource for energy-efficient mortgages in Sandpoint, ID. 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 Horizon Home Loan Corporation
(208) 265-8981
212 N First Ave
Sandpoint, ID
 
Bob Waterous Investments
(208) 263-1708
316 North 2nd Avenue
SANDPOINT, ID
Services
Mortgage Brokers

Bonner Boundary Home Loans Inc
(208) 263-3780
316 North 2nd Avenue
SANDPOINT, ID
Services
Mortgage Brokers

Panhandle State Bank
(208) 263-0505
231 North 3rd Avenue
SANDPOINT, ID
Services
Mortgage Brokers

Harris Dean Insurance
(208) 265-9690
101 N 4th Ave Ste 203
Sandpoint, ID
 
Loan Star Mortgage Company
(208) 265-5070
201 E Superior St
SANDPOINT, ID
Services
Mortgage Brokers

Pend Oreille Mortgage Inc
(208) 265-9970
1009 Highway 2
SANDPOINT, ID
Services
Mortgage Brokers

Towne And Country Mortgage
(208) 263-1997
120 East Lake Street Suite 209
Sandpoint, ID
 
Clearwater Commercial
(208) 265-9236
Sandpoint, ID
 
RFA Lending
(208) 263-7109
1309 Ponderosa Dr
SANDPOINT, ID
Services
Mortgage Brokers

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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Idaho Mortgage Licensing Body

Website: finance.idaho.gov

Phone: (208) 332-8000

State: Idaho

Licensed By: Idaho Dept. of Finance

Additional Info: Idaho Dept. of Finance - (208)332-8000 http://finance.idaho.gov/ (ID is licensed through the NMLS)