Who said it’s not easy being green?

What is an Energy-Efficient Mortgage (EEM)?

* The program is for new or existing one- and two-unit properties
* The cost of the energy-efficient improvements that may be eligible for financing into the mortgage is the greater of 5 percent of the property*s value (not to exceed $8,000) or $4,000.
* A borrower can finance up to 100 percent of the cost of eligible improvements, subject to certain dollar limitations. The improvements must be cost effective.
* Buyer will be qualified on the loan amount prior to adding the energy improvements.
** Works for refinances too**

What Types of Improvements Qualify?
* Solar heating or Cooling systems
* Caulking and weather-stripping
* Furnace efficiency modifications
* Combustion efficiency, devices for modifying flue openings
* Electrical or mechanical furnace ignition systems which replace standing gas pilot lights
* Clock thermostats
* New or additional ceiling, attic, wall and floor insulation
* Water heater insulation
* Storm windows and/or doors, including thermal windows and/or doors
* and much more

For information on this loan program or others please contact:

Chris Borg
Senior Loan Officer
Main: 503.607.0244
Cell: 503.481.1369
Fax: 503-692-5001
                                     cborg@fcmapproved.com 
                                     Oregon ML #2113/NMLS#116995
                                        Washington #510-LO-31898

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