EM - Energy Mortgage

If you were shopping for a home and found one that was…

• well-built
• comfortable
• had lower-than-average monthly energy costs
• was easy to maintain
• required no additional income to pay for it

Would you stop shopping? I have good news! This kind of home is being built today.

How can you afford the purchase? That’s Easy! Get an EM - Energy Mortgage. The mortgage is unfamiliar to many homebuyers and believe it or not to many real estate agents.

How does it work? An EM increases your buying power by enabling the mortgage lender to count the monthly energy bill savings that a home’s energy efficient features deliver as extra income. There are two kinds of energy mortgages:

Energy-Efficient Mortgages

• Credits the savings from a home that is already efficient into the loan qualification process and capitalizes the improved features into the appraisal.

Energy Improvement Mortgages

• Increases the buying power of a consumer by financing energy improvements that are shown to be cost-effective and capitalizing the ensuing monthly savings into the mortgage loan.

All of the national secondary mortgage markets--conventional as well as federally insured programs--offer energy mortgage products.

Call Gary Smith for more info on Living Green at 1-877-809-6139 or online: http://www.garynsmith.net