Energy-Efficient Mortgages South Burlington VT

Local resource for energy-efficient mortgages in South Burlington, 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.

Ctx Mortgage Company LLC
(802) 846-2891
62 Tilley Drive Suite 202
South Burlington, VT
 
Summit Financial Center Inc
(802) 863-0403
112 Lake Street
Burlington, VT
 
Chittenden Trust Company
(802) 658-4000
Two Burlington Square
Burlington, VT
 
Keybank National Association
(802) 658-1810
149 Bank Street
Burlington, VT
 
Wells Fargo Bank Na
(802) 879-3559
300 Interstate Corp Ctr Ste 10
Williston, VT
 
First Horizon Home Loan Corporation
(802) 824-9400
1233 Shelburne Rd Ste 205
South Burlington, VT
 
Gmac Mortgage LLC
(802) 660-0999
346 Shelburne Road
Burlington, VT
 
Vermont Housing Finance Agency
(802) 864-5743
164 Saint Paul Street
Burlington, VT
 
National City Bank
(802) 879-4424
75 Talcott Rd Ste 70
Williston, VT
 
New England Federal Credit Union
(800) 400-8790
141 Harvest Ln
Williston, 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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