Why Consider an Energy-Efficient Mortgage?
In the age of sustainability, an Energy-Efficient Mortgage (EEM) is a type of loan that allows you to make eco-friendly upgrades to your home. In Tulsa, OK, EEMs are gaining popularity as more people look for ways to lower their energy bills and reduce their carbon footprint.
Benefits of Energy-Efficient Mortgages
- Cost Savings: Over time, the energy-efficient upgrades you make can lead to significant savings on utility bills.
- Increased Home Value: Energy-efficient homes often fetch higher resale prices.
- Environmental Impact: Lower energy consumption results in a reduced carbon footprint.
Types of Energy-Efficient Upgrades
- Solar Panels: Harness the power of the sun to generate electricity.
- Insulation: Proper insulation can drastically reduce heating and cooling costs.
- Energy-Efficient Windows: These reduce heat transfer, making your home more comfortable and less expensive to heat or cool.
- HVAC Systems: Modern, efficient HVAC systems can cut down on your energy bills.
How to Secure an Energy-Efficient Mortgage in Tulsa, OK
Obtaining an EEM involves an energy audit by a qualified assessor who will recommend energy-saving upgrades. Based on the assessment, the lending institution will extend extra funds above your home’s purchase price or current value to cover the cost of improvements.
Preparing for the Energy Audit
- Research: Look into different types of energy-efficient improvements.
- Documentation: Gather any existing warranties or manuals for your current energy systems.
- Home Inspection: Be prepared for the auditor to inspect various parts of your home, from the attic to the basement.
Refinancing with an Energy-Efficient Mortgage
Refinancing your existing mortgage into an EEM can be an excellent way to cover the costs of green upgrades. Here are steps for refinancing:
- Consultation: Speak with an experienced lender like me to discuss EEM benefits and requirements.
- Energy Audit: Get your home evaluated for potential energy-efficient upgrades.
- Apply: Submit the required documents and go through the standard refinancing process, with the addition of your energy audit results.
About Kyle Bradley, Your Go-To For Energy-Efficient Mortgages in Tulsa, OK
Kyle Bradley | The Bowtie Lender VP Mortgage Banker
NMLS #488324
Kyle Bradley Mortgage
100 S. Riverfront Dr. Jenks, OK 74037
C: (918) 855-0494
E: [email protected]
www.kylebradley.com
With 16 years in the mortgage industry, I’m well-equipped to guide you through the ins and outs of Energy-Efficient Mortgages. Whether you’re looking to buy a new home or refinance an existing one, I can provide expert advice and seamless transactions that close on time. Reach out for more details.
Contact Me for More Information
For more information on making your home greener with an Energy-Efficient Mortgage in Tulsa, OK, contact me at (918) 855-0494 or [email protected].