Home Mortgage Lenders Toccoa GA

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

Homestar Financial Corporation
(706) 754-8055
102 E Water St
Clarkesville, GA
(706) 886-6878
302 Big A Road South Suite B
Mortgage Brokers

Northeast Georgia Bank
(706) 886-4351
624 Big A Road South
Mortgage Brokers

Community Bank And Trust
(706) 886-3903
Towne Plaza
Toccoa, GA
Community Bank And Trust Ingles # 436
(706) 886-3500
757 Big A Road South
Toccoa, GA
Habersham Bank
(706) 778-1000
282 Historic Hwy 441 North
Cornelia, GA
Buford Finance of Toccoa
(706) 282-1079
916 East Currahee Street
Mortgage Brokers

Stephens Federal Bank Downtown Branch
(706) 886-2112
202 Doyle Street East
Toccoa, GA
First Citizens Telephone Banking Offices Atm Banking
(706) 886-9421
101 North Alexander Street
Toccoa, GA
Georgia Carolina Radiocasting
(706) 297-7323
116 Big A Road North
Mortgage Brokers

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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Georgia Mortgage Licensing Body

Website: dbf.georgia.gov

Phone: (770) 986-1633

State: Georgia

Licensed By: Georgia Dept of Banking & Finance

Additional Info: Georgia Dept of Banking & Finance - (770) 986-1633 http://dbf.georgia.gov (GA is licensed through the NMLS)