Green Mortgages Frequently Asked Questions
Here are some of the most commonly asked questions. Click on the question to view the answer.- Q. What is the difference between a Green Mortgage and a Traditional Mortgage?
- Q. How does a person qualify for a Energy Efficient Mortgage of EEM?
- Q. What are the benefits of a Green Mortgage?
- Q. What exactly is an Energy Audit and how much does it cost?
- Q. Can any loan officer or mortgage broker assist me with getting a Green Mortgage?
- Q. Does a Green Mortgage Cost more in closing costs, rates or points?
- Q. Does it take longer to get a green mortgage? How much additional paperwork is involved?
- Q. I spoke with another lender about EEM's and they said they have never heard of it. Why is that?
- Q. My Realtor said I shouldn't bother with an EEM because it could possibly mess up the deal. Is this true?
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