Home Mortgage Lenders Ames IA

With the money borrowed from the home mortgage lenders at banks, a home buyer can own a house without paying much money up front. See below to learn more and to gain access to home mortgage lenders in Ames and information on home mortgage rates, home loans, and mortgage calculators.

Global State Mortgage
(515) 233-5046
4720 Mortensen Rd Ste 106
Ames, IA
 
First State Bank Iowa
(515) 984-7100
755 W Bridge Rd
Polk City, IA
 
Citifinancial
(515) 233-0159
107 South 5th Street
AMES, IA
Services
Mortgage Brokers

First Horizon Home Loans
(515) 232-2416
504 Burnett Avenue
AMES, IA
Services
Mortgage Brokers

US Bank - Ames University Office
(515) 292-2638
2546 Lincoln Way
Ames, IA
Languages
Spanish
Drive Up Hours
Mon 08:30 am to 05:30 pm
Tue 08:30 am to 05:30 pm
Wed 08:30 am to 05:30 pm
Thur 08:30 am to 05:30 pm
Fri 08:30 am to 05:30 pm
Sat 09:00 am to 12:00 pm

Seattle Mortgage Company
(866) 984-6656
300 Crestmoor Dr
Polk City, IA
 
Iowa Title Company
(515) 232-6282
315 6th Street Suite 200
Ames, IA
 
Wells Fargo - Ames North Grand Mall
(515) 233-3276
723 24Th St
Ames, IA
Type
Branch
Office Hours
Mon-Thu 08:00 AM-05:30 PM
Fri 08:00 AM-06:00 PM
Sat 09:00 AM-02:00 PM
Sun Closed

F And M Bank Driveup
(515) 233-3130
402 Lincoln Way
Ames, IA
 
Wells Fargo - Ames Main
(515) 232-2714
424 Main St
Ames, IA
Type
Branch
Office Hours
Mon-Thu 08:00 AM-05:30 PM
Fri 08:00 AM-06:00 PM
Sat 09:00 AM-02:00 PM
Sun Closed

Energy Efficient Mortgages (Part 2)

An energy efficient mortgage acknowledges that homes that are energy efficient generally cost homeowners less to maintain on a monthly basis as oppose to other standard homes. Buying a energy efficient home allows a homebuyer to be able to spend money on other items for the house because their energy bills will be reduced. Energy Efficient Mortgages (EMM) allows borrowers to take out bigger mortgages because their monthly energy expenses on a energy efficient home won’t be as expensive meaning that they will most likely be able to pay the loan off faster. With a EEM you can also take a standard home and make it energy efficient.

How can a EEM benefit a borrower?

There are several ways a borrower can benefit by taking out an EEM. Well, first the borrower’s income and the estimated energy savings are analyzed allowing the borrower to qualify for a larger mortgage loan. Also the borrower’s buying power is increased permitting the borrower to include the total cost of any energy improvements into the total mortgage loan amount. Then because of the energy improvements the house value is increased.
 

Can Your Home Qualify for A EEM?

Energy Efficient Mortgages can be used for newly constructed homes. Your home must be a single-family, a owner occupied residential , a one unit house or a condominium in order to qualify for a EEM. Before you can take out a EEM you must first have a RESNET report evaluation. The RESNET report determines your home energy efficiency in it’s current state. After a RESNET report is done then you will receive a energy home rating. A energy home rating measures your home energy efficiency. A home energy rater that’s accredited by the RESNET rating system will conduct a home inspection. They will look at things like your home heating and cooling system, window to wall ratios and insulation levels just to mention a few. Then you will receive a energy rating score between 1 to 100.
 
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Iowa Mortgage Licensing Body

Website: www.idob.state.ia.us

Phone: (515) 281-4014

State: Iowa

Licensed By: Iowa Division of Banking

Additional Info: Iowa Division of Banking - 515-281-4014 http://www.idob.state.ia.us/ (IN is licensed through the NMLS)