Home Mortgage Lenders Elizabethtown KY

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

First Federal Savings Bank
(270) 765-2131
2323 Ring Rd
Elizabethtown, KY
 
Guardian Mortgage LLC
(270) 505-1097
790 N Dixie Highway Suite 400
Elizabethtown, KY
 
Priority Mortgage Associates LLC
(270) 763-8111
1107 Crown Pointe Dr Ste H-1
Elizabethtown, KY
 
Countrywide Mortgage Ventures LLC
(866) 217-8032
100 Chase Way Ste 4
Elizabethtown, KY
 
Cecilian Bank
(502) 737-1593
104 E Main Street
Cecilia, KY
 
North Central Kentucky Mortgage Services
(270) 769-0663
4000 N Dixie Hwy
Elizabethtown, KY
 
Magnolia Bank
(270) 765-4072
651 W Dixie
Elizabethtown, KY
 
Kentucky Neighborhood Bank
(270) 735-1401
1000 North Dixie Avenue
Elizabethtown, KY
 
Cecilian Bank
(502) 737-1593
1808 North Dixie Avenue
Elizabethtown, KY
 
Fort Knox National Bank
(270) 234-8811
601 West Lincoln Trail Blvd
Radcliff, KY
 

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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Kentucky Mortgage Licensing Body

Website: www.kfi.ky.gov

Phone: (502) 573-3390

State: Kentucky

Licensed By: Kentucky Dept of Financial Institutions

Additional Info: Kentucky Dept of Financial Institutions - http://www.kfi.ky.gov/ 502-573-3390 kfi@ky.gov (KY is licensed through the NMLS)