Home Mortgage Lenders Cedar City UT

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 Cedar City and information on home mortgage rates, home loans, and mortgage calculators.

Home Loan Corporation
(435) 586-4663
337 S Main St Ste 100
Cedar City, UT
Meridias Capital Inc
(435) 867-1825
1870 N Main St
Cedar City, UT
Mgm Funding LLC
(435) 586-5061
210 N 300 W Ste 203
Cedar City, UT
Primary Residential Mortgage Inc
(435) 867-5500
94 East 2530 North
Cedar City, UT
First Colony Mortgage Corp
(435) 867-1884
856 Sage Dr
Cedar City, UT
Comunity Lending Inc
(435) 865-0571
210 N 300 W Ste 202
Cedar City, UT
Ccsf Inc
(435) 586-5626
463 N. 100 W. #3
Cedar City, UT
Rocking Horse Ridge LLC
(801) 586-0063
1115 South Main
Cedar City, UT
First Horizon Home Loan Corporation
(801) 256-9772
2202 N Main St Ste 304
Cedar City, UT
Greystone Financial Group
(435) 586-5626
463 North 100 West
Mortgage Brokers

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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Utah Mortgage Licensing Body

Website: www.realestate.utah.gov

Phone: (801) 530-6747

State: Utah

Licensed By: Utah Division of Real Estate

Additional Info: Utah Division of Real Estate (801) 530-6747 http://www.realestate.utah.gov/ (UT is licensed through the NMLS)