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Energy-Efficient-Mortgage
A PATH TO A BETTER MORE ENERGY-EFFICIENT HOME
 
Looking to save money on your mortgage while also saving energy? George Mason Mortgage's Veteran's Administration (VA) Energy Efficient Mortgage program is ideal for you.
 
Upgrades that improve energy efficiency can save homeowners over the long-term. Under this program, qualified VA borrowers obtain an Energy Efficient Mortgage, allowing them to finance “green” improvements as part of their loans. Energy Efficient Mortgages give owners the ability to make valuable upgrades to their homes—and at relatively low costs.
 
This program's features:
 
  • Eligible for purchases or refinancing
  • May be used for acceptable energy efficiency improvements, such as: solar heating systems, caulking and weather stripping, clock thermostats, furnace efficiency modifications, new or additional insulation, vapor barriers, storm windows, and heat pumps
  • Borrowers may use a home energy audit to determine their needs
  • The mortgage may be increased $3,000 based on documented energy improvement costs or $6,000 provided the increase in monthly mortgage payment does not exceed the likely reduction in monthly utility costs
  • An increase of over $6,000 is subject to VA value determination
  • Improvement costs may be escrowed at settlement
 

George Mason Mortgage would like to thank you for serving our country - and emphasize how committed we are to helping you save money on your mortgage.


Contact a GMM Loan Officer for more information. Find a Loan Officer
 

 

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4100 Monument Corner Dr., Suite 100
Fairfax, VA 22030

Toll Free: 800-867-6859

Email Us: info@gmmllc.com

Our Mortgage Loan Originators are registered and comply with the National Mortgage Licensing System (NMLS) and Registry. NMLS Consumer Accesssm, nmlsconsumeraccess.org, is a free service for consumers to confirm that the financial-services company or professional with whom they wish to conduct business is authorized to conduct business in their state. George Mason Mortgage's NMLS ID is 153400.

This is not a commitment to lend. All loan applications are subject to credit and property approval. Annual Percentage Rate (APR), and program, rates, fees, closing costs, terms and conditions are subject to change without notice and may vary depending upon credit history and transaction specifics. Other closing costs may be necessary. Flood and/or property hazard insurance may be required. To be eligible, buyer must meet minimum down payment, underwriting and program guidelines.


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