An Energy Efficient Mortgage (EEM) takes into account the energy costs of the home. As the single largest housing expense after a mortgage payment, utility costs have a direct impact on how large a mortgage your buyer can afford. An EEM allows for upgrades and repairs to be made and wrapped into the mortgage. The subsequent combination of Mortgage and Utility bills will be lower and saves money right away.
I’ll be talking about these mortgage tools in detail over time, but here is a great video we produced which shows the basics.