Lane County Resources

Oregon Mortgage Group Todd Walcott Oregon Mortgage Group 541.484.3303 Cox & Schmick R.E. Consultants Windermere R.E. 541.501.3399

Energy Efficient Mortgages

The cost of installing energy-efficient features in new and existing homes can be financed through special types of mortgages called Energy-Efficient Mortgages (EEM) and Energy Improvement Mortgages (EIM) . EEMs and EIMs also can allow a buyer to qualify for a higher mortgage, because the reduction in utility bills allows more debt. Please refer to the following resources for more information on these types of loans RESNET (Residential Energy Services Network) RESNET offers a worthy investigation on home energy rating systems and energy-efficient mortgages, as well as contact information for Home Energy Rating Systems (HERS) programs across the country, and lists certified home energy raters and lenders offering EEMs. Energy Efficient Mortgage Homeowner's Guide Energy efficient homes cost less to own than non-efficient homes though they may start off with higher price tags. EEM Home Owner Guide covers the benefits of using an energy efficient mortgage to help own an energy efficient home. The Alliance to Save Energy The Alliance to Save Energy offers on its website consumer and lender resources for energy-efficiency financing and HERS. Included are a brief overview and a lender's guide regarding energy efficiency financing, a national directory of lenders, links to HERS/EEM organizations and an energy-efficient mortgage guide for the homeowner.

Cox & Schmick, P.C. Windermere R.E./Lane County info@greenhousing.net    Phone 541.465.8108