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EHL's Energy Efficient Mortgage
Whether you're a homeowner looking to improve your current home or are shopping for a home to purchase, you can use an EEM to make energy-efficient improvements. Changes you make to your home can improve energy efficiency and lower heating/cooling costs.
Features
- 5% of the appraised value for energy efficient upgrades
- Roll upgrade costs into the mortgage
- FHA (3.5% down) and VA ($0 down) programs available
Eligible Upgrades
- Installing Double-pane windows
- Replacing outdated air ducks
- Replacing old insulation
- Tankless water heaters
- High Efficiency Furnace or Air Condition System
- And More
Fine Print
- FHA: Additional financing is the lesser of 5% of the appraised value, 115% of the median area price, or 150% of the conforming mortgage limit.
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Eligibility requirements, exclusions and other terms and conditions apply.