Home Mortgage Lenders Washington DC

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

D C Housing Finance Agency
(202) 777-1633
815 Florida Avenue Nw
Washington, DC
 
Dept Of Hud
(202) 708-0467
451 7Th St Sw Room 2228
Washington, DC
 
National Cooperative Bank
(202) 336-7700
1725 Eye St Nw Ste 600
Washington, DC
 
Love Funding Corporation
(202) 887-8475
1250 Connecticut Ave Nw Ste 55
Washington, DC
 
Imf-sponsor Test Mortgagee
(202) 708-3976
490 L'Enfant Plaza Sw Ste 3214
Washington, DC
 
Department Of Veterans Affairs
(202) 273-7390
810 Vermont Ave Nw - 264
Washington, DC
 
Metro Bank Fsb
(202) 842-9826
1350 I St Nw
Washington, DC
 
Department Of Hud Claims
(202) 755-5086
P O Box 44807
Washington, DC
 
Empire Equity Group Inc
(202) 829-2274
1210 Pennsylvania Ave Se
Washington, DC
 
Veterans Adm Regional Office
(202) 275-1318
1120 Vermont Ave Nw
Washington, DC
 

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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