Home Mortgage Lenders Corvallis OR

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

Mann Mortgage LLC
(541) 758-4658
761 Nw Harrison Blvd
Corvallis, OR
Citizens Bank
(541) 752-5161
275 Sw Third
Corvallis, OR
Pacific Residential Mortgage LLC
(541) 791-2612
2405 14Th Ave Se Ste A
Albany, OR
American Pacific Mortgage
(503) 831-2500
226 S Main St Ste D
Independence, OR
Benton County Schools Credit Union
(541) 754-7765
Corvallis, OR
Metrocities Mortgage LLC
(541) 766-8111
815 Nw 9Th St Ste L196
Corvallis, OR
Mann Mortgage LLC
(541) 928-5300
1115 Santiam Hwy Se
Albany, OR
Sierra Pacific Mortgage
(541) 812-1099
250 Broadalbin Street Sw
Albany, OR
Chase Bank
(541) 754-7277
777 Nw Kings Blvd
Corvallis, OR
Office Hours

Midwillamette Mortgage
(541) 757-4819
385 Northwest Harrison Boulevard
Corvallis, OR

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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Oregon Mortgage Licensing Body

Website: www.dfcs.oregon.gov

Phone: (503) 378-4140

State: Oregon

Licensed By: Division of Finance & Corp. Securities

Additional Info: Division of Finance & Corp. Securities 503-378-4140 http://www.dfcs.oregon.gov/index.html (OR is licensed through the NMLS)