Home Mortgage Lenders Mustang OK

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

Mortgage Solutions Of Colorado LLC
(405) 745-7573
2019 E State Highway 152
Mustang, OK
 
Midoklahoma Mortgage Co LLC
(405) 381-0300
4709 E Highway 37
Tuttle, OK
 
Yukon National Bank
(405) 354-5281
401 Elm Ave
Yukon, OK
 
Home123 Corporation
(405) 691-4004
10001 S Pennsylvania Ave Ste 1
Oklahoma City, OK
 
Mortgage Credit Acceptance Corporation
(405) 378-0353
10344 S Pennsylvania Avenue
Oklahoma City, OK
 
First Independent Capital Inc
(405) 381-4455
5311 East Highway 37
Tuttle, OK
 
Canadian State Bank
(405) 354-3030
2500 S Cornwell
Yukon, OK
 
First American Mortgage Inc
(405) 354-0426
1029 E Vandament Avenue
Yukon, OK
 
Yukon National Bank
(405) 495-4511
6201 Nw 23Rd St
Bethany, OK
 
Hometrust Mortgage Company
(405) 692-0404
1625 Greenbriar Pl Ste 800
Oklahoma City, OK
 

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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