Home Mortgage Lenders Rutland VT

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

Gmac Mortgage LLC
(802) 773-4882
2 South Main St
Rutland, VT
 
Citizens Bank - Rutland Shopping Plaza/Price C
(802) 775-1878
38 Shopping Plaza
Rutland, VT
Type
Branch
Office Hours
Mon: 10AM-7PM
Tue: 10AM-7PM
Wed: 10AM-7PM
Thu: 10AM-7PM
Fri: 10AM-7PM
Sat: 10AM-4PM
Sun: 11AM-3PM

Cendant Mortgage Paula Layden
(802) 770-5990
Rutland, VT
 
Citizens Bank - Rutland
(802) 775-0025
47 Merchants Row
Rutland, VT
Type
Branch
Office Hours
Mon: 9AM-5PM
Tue: 9AM-5PM
Wed: 9AM-5PM
Thu: 9AM-5PM
Fri: 9AM-5PM
Sat: na
Sun: na

Rabideau Agency
(802) 775-1628
40 Woodstock Ave
Rutland, VT
 
Ctx Mortgage Company
(802) 776-2891
144 Woodstock Avenue
Rutland, VT
 
Gmac Mortgage
(802) 773-4882
2 South Main Street
Rutland, VT
 
Banknorth Mortgage Company
(802) 747-6821
89 Merchants Row
Rutland, VT
 
Buyers Resourse Of The Green
(802) 773-9050
58 Merchants Row
Rutland, VT
 
Vermont Allstate Funding
(802) 775-9550
Rutland, VT
 

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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