Monday, September 19, 2011

Five Reasons Why You Should Finance “Energy-Efficiency” Into Your Next Mortgage


When considering your next mortgage, either for a new ENERGY STAR house, refinancing an existing home, or a home equity loan keep these tips in mind, improve the energy efficiency of your home, and save some money.

  1. An Energy Efficient Mortgage (EEM) qualifies for discounts on loan fees and interest rates.
  2. An energy efficient home reduces your monthly utility bill up to 30% saving you money every month.
  3. Living in an energy efficient home increases the comfort, air quality and health in your environment.
  4. Owning an energy efficient home has a positive impact on the environment and decreases the homeowners' carbon footprint.
  5. Owning an energy efficient home adds security to your investment. Energy efficiency adds value to homes, they have a higher resale value, and sell faster than standard homes.
The NCEEA strives to educate the public on the benefits of owning an energy efficient home to stimulate demand for ENERGY STAR homes. For lenders, offering EEM’s and energy financing programs is a great marketing opportunity. Homeowners are interested in these mortgages and buyers drive the market.  

Join the Alliance to learn more about finding enhanced lending opportunities for energy efficient homes and to be listed on our website as a member Lending Institution.
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As part of a new ongoing series each week on the NCEEA blog and Facebook page we will be focusing on different professionals of the energy efficiency housing market, including: builders, realtors, appraisers, homebuyers, home energy raters and more. We will also cover important topic areas such as: the NC Energy Code, ENERGY STAR, and HVAC issues.

This Friday we will start a new feature on our Facebook page called
“Person, Project, or Place of the Week” where we will highlight:
  • professional and personal accomplishments 
  • showcase completed projects
  • feature new and established businesses
Join the NCEEA Facebook page to join in on the conversation, nominate a “Person, Project or Place”, and let us know how we can help you.  

3 comments:

  1. Keep the great posts coming! I'm really enjoying reading them. It gives me food for thought, for sure. Great tips! Foreign Investor Home Loan

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