Will's Blog (1)

Green Home Loans (AKA Energy Efficient Mortgage (EEM)). What is a Green Home Loan? It is a Home Loan for both Purchase and Refinance applicants. EEM offer lower interest loans to energy efficient borrowers. The EEM forecasts the future savings on energy efficient upgrades/improvements and allows the borrower to account for the savings as additional income. With increased income = increased loan amount. What is the Science behind a Green loan? It is a normal loan, no funky ARM or balloon mortga… Continue