MyEnergyLoan is a national network of lenders dedicated to providing aggressive closing cost discounts and lower interest rates for buyers of energy efficient homes. An energy efficient home is a healthy home which is more comfortable and built to higher standards. With an eye on sustainability, our network of realtors, builders and lenders are sure to find the right home for you that is built green and financed green.
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myEnergyLoan was created out of a clear need to close the sustainability loop in green building and green living. Building homes takes a lot of energy and living in homes does too. The total operating expenses of a home are largely made up of utility bills and mortage payments. That’s right. We see money as latent energy – energy that could be better applied on things other than the continued depletion of non-renewable resources. Since we don’t want to be part the extractive industries any more than we have to be, we created the myEnergyLoan as a way to make a living and make a difference. |
It's where economy meets ecology. Massive closing cost discounts, down payment offsets and better interest rates are available with the myEnergyLoan program.
myEnergyLoan is laser focused on bringing meaningful and sustainable capital to bear at a time when green building has the potential to help meet many of our critical economic, environmental and social needs.
SINCE 2005, myEnergyLoan has been applying an advanced method of incorporating all available incentives into our green loan packages; nobody does this more effectively and more accurately than myEnergyLoan. Our program operates throughout the US and our team provides >>>> residential and commercial <<<< finance capabilities. Traditional lenders and mortgage brokers typically do not understand the meaning of sustainable capital conversion, but myEnergyLoan literally closes the sustainability loop with your green real estate closing.
At myEnergyLoan, we are dedicated to fueling the shift from a fossil fuel economy to a modernized economy; an economy that creates a natural triple-bottom-line orientation for our capital sources when they fund your green real estate transaction. Responsible stewardship of our natural resources and finances are both our mantra and our general business orientation. We are natural capitalists who firmly believe in building local living economies, thus every dollar our clients save is a dollar that will potentially circulate through their community an average of six times. The savings we provide contributes to economic stability and overall financial betterment.
THE ENERGY EFFICIENT MORTGAGE (EEM) IS AVAILABLE AT myEnergyLoanThat's right. We can handle the EEM, which is a specific loan product designed to help borrowers qualify for energy efficient homes and energy efficient upgrades for high performance buildings. The myEnergyLoan program will help you reduce your utility bills and your operating expenses. If we determine together that your loan scenario is applicable we can even close your energy efficient mortgage. The EEM is a single product that might not be the most advantageous loan product for your needs, so our creator developed a proprietary way of adding massive amounts of value to your real estate transaction. The EEM products that we offer may vary with FHA, Conventional, Jumbo and Commercial real estate loans. The EEM and the EIM (Energy Improvement Mortgage) are powerful products and we encourage their proliferation since they can make affordable green buildings even more affordable.
myEnergyLoan : Home of the FREE ENERGY AUDITIf we close your loan before 7/01/2008, in addition to receiving any myEnergyLoan efficiency credit for which you may qualify, we will arrange payment for your home energy audit or we will not require an energy audit at all. Different regions have higher audit fees, and some homes don't even require an audit if they conform to certain program standards. Usually, if we pay for your audit, the average savings is $500! The energy value rating indicated by the energy audit provides us with the relative measure of a structure's energy efficiency. The energy audit can help us determine the most cost-effective measures to take when building or upgrading to higher efficiency standards as well. The blower door and the duct blaster tests are some of the tests used to identify thermal variations, air leaks and moisture encroachment zones. The energy audit can calculate system loads and measure the benefits of the energy efficient improvements that you make.
In order to qualify for this free incentive you must enter promo code { FREEAUDIT } in the down payment section of your online application. You may apply anytime by clicking on the red letters at the top navigation bar of the myEnergyLoan website.
WHAT IS EVEN BETTER THAN THE FREE AUDIT is that if you have an energy audit rating of 70 or less, the myEnergyLoan program can provide you with aggressive financial incentives and even incorporate them into the loan package. In this way, we can help you save money upfront at closing through myEnergyLoan efficiency credits and through reduced operating expenses during the life of the real property.
At myEnergyLoan you have found a talented and eager-to-please group of loan professionals who are proficient in green building financeWe understand green buildings and we are well-versed in the high-performance features that make up green buildings. Our team can often direct you to the appropriate resources where you can learn more about green buildings in your area. We can direct you to many real estate agents who specialize in green real estate sales, to builders who special in building green and to information portals that define and demonstrate why you should be involved in green real estate. Green buildings are more valuable, they are healthier and mostly, they are more comfortable buildings which reduce our reliance on foreign oil and on fossil fuel energy altogether. Importantly, green buildings reduce the harmful impact that, as buildings, they naturally make on the environment.
Green buildings help us enjoy the space that we create together and in no small way myEnergyLoan is in the business of spreading joy!When we finance your green building, myEnergyLoan will effectively help you UNPLUG from fossil fuel energy and PLUG IN to renewable energy. The loan process is simple, seamless and above all secure. When you select myEnergyLoan for a purchase, a green-build or a greenovation we will match your needs with the proven green real estate providers we have assembled. Our partners and affiliates are members of the green real estate community who take accountability for their actions as they strive to exceed your expectations. While not all applicants qualify for our loans, our extensive resources are made up of entire networks of green property appraisers, green funding sources, renewable energy suppliers, manufacturers, trade associations, subcontractors and other service providers.
As a result of our refined approach, our closing ratios are the envy of the industry and myEnergyLoan is in many ways connected, either directly or indirectly, with most statewide green building councils including the USGBC, Southface Energy Institute, EarthCraft House, LEED for HOME, EcoBroker International, RateIt Green!, ListedGreen.com and so many others.
Our resource networks also include direct investors, developers, buyers and funding sources actively engaged in green real estateWe can be especially helpful to conversion consumers, builders and EcoBrokers who are just getting started with sustainable building techniques. Sure, green is the new brown, but most green real estate professionals don't see the current movement toward an EcoEconomy as a passing trend. Rather, they rightly see it as a complete economic shifit that has tremendous velocity. myEnergyLoan is the category leader that is literally on the leading edge of creating a more energy efficient real estate transaction. We are concerned with reducing consumption in general without compromising the commerce associated with it. Both residential and commercial green buildings are becoming the building standard and within the next decade, nearly all functional real estate will become green real estate.
Our commercial building programs are second to none and our team of professionals can assist with the development of your pro-forma, your capital stack and your operating Profit and Loss (P&L) statements in order to facilitate your impact on the green real estate value chain. We are compliance driven and disclose all potential conflicts of interest and address any and all compliance matters immediately and completely.
We Want to Work with You, today!Rural, High Density or Mixed-Use developments can be made more valuable and more sustainable when applying Green Building Science methods in construction. Whether you are located in the city or in the country, whether you plan to live in the property, work in the property or invest in the property, myEnergyLoan guarantees that if we say your loan will close; it will. Otherwise, we'll provide a recommendation on what you might do in order to get into a better position to close a loan at some point in the future.
We have many repeat clients and we grow organically from referrals. Our honesty and professionalism encourage our clients feelings of responsible stewardship and authentic progressive intent. Since our team members have social consciences and are values-driven, we keep your personal information personal and we operate in a respectful and mature manner.
myEnergyLoans are exclusively provided through a direct relationship with www.homefirstmortgage.com unless otherwise noted on the loan application or loan package. You may view our state licenses online at www.homefirstmortgage.com.
- Increases home buyer's qualifying income
- Energy savings reduce monthly operating costs
- More comfortable home in all seasons and climates
- 100% of energy improvements can be financed -- up to 15% of the value of the home for existing homes, and up to 5% of a new home's value
- Offers qualify assurance with required rating report by third-party home
energy rater
The Energy Efficient Mortgage (EEM) recognizes that energy efficient homes cost homeowners less to operate on a monthly basis than standard homes because they use less energy. Home buyers who choose energy efficient homes can afford to spend more on their housing expenses because they will likely spend less on their energy costs.
The EEM allows borrowers to qualify for a larger mortgage as a result of the energy savings. The EEM benefits those buying new, energy efficient homes or those purchasing existing homes that need energy improvements.
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