Home Mortgage Lenders Concord NH

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 Concord and information on home mortgage rates, home loans, and mortgage calculators.

Merrimack County Savings Bank
(603) 225-2793
89 North Main Street
Concord, NH
 
First Horizon Home Loan Corporation
(603) 228-1828
5 Franklin St
Concord, NH
 
Merrimack Mortgage Company Inc
(603) 206-9898
558 Mast Rd
Goffstown, NH
 
Guardian Mortgage Corporation
(603) 644-7979
37 Salmon Street 2Nd Floor
Manchester, NH
 
Bank Of America Na Charlotte
(603) 647-3830
1155 Elm St
Manchester, NH
 
Mortgage Bankers and Brokers Association of New Hampshire
(603) 225-6111
6 Garvins Falls Road Suite 106
Concord, NH
 
Bow Mills Bank And Trust
(603) 225-6700
503 South Street
Bow, NH
 
Providian National Bank
(603) 286-4348
295 Main Street
Tilton, NH
 
Citizens Mortgage Corp
(603) 634-7632
875 Elm Street
Manchester, NH
 
St Mary's Bank
(603) 669-4600
200 Mcgregor St
Manchester, NH
 

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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New Hampshire Mortgage Licensing Body

Website: www.nh.gov

Phone: (603) 271-3561

State: New Hampshire

Licensed By: The New Hampshire Banking Department

Additional Info: The New Hampshire Banking Dept - 603-271-3561 http://www.nh.gov/banking/banking.html nhbd@banking.state.nh.us (NH is licensed through the NMLS)