FHA 203K Network Bloggers ~ Distressed & Short Sale Real Estate Marketing for Mortgage Loan Officers & Real Estate Agents ~ Energy Efficient Updating ~ Tax & Energy Credits

Why Add On An Go Green with Energy Energy Efficient Efficient Renovations and Mortgage? access thousands in Tax and Energy Credits Aaron BacusThe Energy Efficient Mortgage Add On (EEM) helps home buyers andrefinancers to save money on utility bills by enabling you to finance the Your Renovation Lendercost of adding energy efficiency updating to your mortgage. First Guaranty Mortgage CorpAt a minimum home buyers and home owners are required to apply 800-282-1281 x 4961the EEM funds to address: the local recommended R value (insulation abacus@fgmc.comrating factor) in ceilings, walls and floors; infiltration levels andbarriers (caulking, weather stripping and sealing); adding stormwindows and doors; the heating (including water heating) and coolingsystems. Once the above items are addressed you can use anyadditional funds to purchase other energy efficient appliances orequipment such as active or passive solar technologies and big ticketimprovements get big tax credits in 2012.You’re automatically approved for an EEM Add On with a substantialincrease of funds to get energy efficient and there isn’t any additionaldown payment requirements since FHA wants to help you to Go Green.If you’re shopping for an REO, Distressed Home or just looking to To help you get started I recommend you begin your incentives searchupdate your current residence, take advantage of today’s current lowrates and get your home weatherized with our all in one EEM here. While you’re reviewing any potential incentives your renovationmortgages. Not only can this save thousands of utility dollars, but you project could qualify for be sure to read the providers requirements indon’t have to made a cash purchase or finance the cost at higher credit detail. Often times property type, date of equipment purchased,card rates. application and scheduled complete dates can determine eligibility. For example: Beaches Energy Services ~ Solar Water Heating RebateThe cost of the energy improvements and estimate of the energy requires you download and submit your application WITHIN 60 DAYS ofsavings must be determined by a home energy rating system (HERS)or an Energy Consultant. The fees and inspection report are included in completion. It’s just one of many small rebates you can qualify for. Withthe mortgage just like the cost when using an FHA Consultant, which an eye on incentives to Go Green and wouldn’t be hard to recapture yourcan be financed into your mortgage loan. down payment, as well as creating the home of your dreams with and FHA 203K Renovation Home Loan and the EEM Add On.The EEM and our Renovation Loans solve most home shoppersconcerns about distressed home purchasing and give you the tools toparticipate in the hottest Housing Market for Home Buyers in historyEEM can be used for FHA, VA, RD and Fannie Mae Loans. Onaverage you can increase your mortgage balance by 5% or $5000 per$100K of appraised value. That’s a great opportunity not to pass up.Get Pre Qualified and tell me you want to find out more about an EEMand I’ll get you the details fast.

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FHA 203K Network Bloggers ~ Distressed & Short Sale Real Estate Marketing for Mortgage Loan Officers & Real Estate Agents ~ Energy Efficient Updating ~ Tax & Energy Credits

by FHA 203K Network Bloggers on Jul 25, 2012

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FHA 203K Network Bloggers ~ Distressed & Short Sale Real Estate Marketing for Mortgage Loan Officers & Real Estate Agents ~ Energy Efficient Updating ~ Tax & Energy Credits Presentation Transcript