First introduced in five states as a pilot program in 1992, energy efficient mortgages have helped homeowners and buyers save money on utility bills by enabling them to finance the cost of adding energy efficient features to new or existing housing as part of their Federal Housing Association insured home purchase or refinanced mortgage. The… Continue Reading
In recent times, temperatures have been quite chilling and a lot of stress is being laid on energy efficiency. Both these factors have paved way for homeowners to purchase green mortgages. These are aimed at funding home improvements in your home, but they are often characterized by high monthly payments. The Federal Housing Administration or… Continue Reading
Green features are all the rage today among homebuyers who are looking to lessen their carbon footprint and adhere to a more environmentally friendly lifestyle. Thanks to the Federal Housing Association’s Energy Efficient Mortgage program, homebuyers can add energy efficient features to a house they buy as part of their FHA insured home purchase. That… Continue Reading