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Mortgage Refinancing Energy Efficient Mortgage Loans
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By Louie Latour

Mortgage refinancing with an energy efficient loan allows you to upgrade your appliances and save money on your utility bills. Energy efficient mortgages allow homeowners the benefit of mortgage refinancing while taking advantage of energy saving options previously only available with new homes. Here are several tips to help you decide if Energy Efficient Mortgage Refinancing is right for you.

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The main advantage of Energy Efficient mortgage refinancing is that it allows you to spend more money on your home because you are paying less on monthly utility bills. How do you go about finding a lender for energy efficient mortgage refinancing? Tell the mortgage lenders you consider that you want mortgage refinancing with an energy efficient loan and request a copy of the Good Faith Estimate from each of these lenders. You will use the Good Faith Estimate to compare offers and choose the best Energy Efficient Mortgage for your financial situation.

You will need to contact an Energy Rater in your area to perform a Home Energy Rating Systems (HERS) report. This rating looks at your home

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This entry was posted on Tuesday, January 9th, 2007 at 3:27 am and is filed under Refinance. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.

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