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One of the easiest and simplest ways to improve residential energy efficiency is to allow the cost of efficiency improvements to be included in the mortgage at the time of sale or refinancing. This is exactly what the Federal EEM Program does. It eliminates the first cost barrier that prevents many home owners from installing high efficiency cooling and heating systems, insulation, windows, and other energy reducing items. The Go Green Mortgage is an FHA loan with one importance difference: it allows the cost of energy efficiency improvements to be added to the mortgage amount. Improvements can include insulation, high efficiency a/c and heat, and much more. There is no additional appraisal and the amount of the loan can surpass the mortgage limit. Anybody who qualifies for an FHA loan qualifies for the Go Green option. The Go Green FHA Mortgage is for the purchase or refinancing of existing homes. Up to $8,000 of efficiency improvements can be added to the home loan. Up to $1500 in federal tax credits are available for the improvements made possible with the Go Green Mortgage. Local electric company incentives may also be available. Typical pre-owned homes financed with the Go Green Mortgage will reduce utility bills by 30%. Many existing Texas homes can see electric and gas bills drop as much as 50%. If you are a homebuyer or realtor, we can help you obtain this loan. We have a turnkey system to fast track this process into underwriting. We specialize in making this loan a quick and easy addition in any home mortgage. Call us today at 817.501.2644 for more information. |