improvement: Take Advantage of the 5% increase in Energy Efficient Mortgages & Tax Credit - 07/20/09 04:58 PM
What is a Energy Efficient Mortgage? *FHA & VA Only*
In simple terms, An Energy Efficient Mortgage is financing improvements for your Home that is Energy Efficient.  Becoming Energy Efficient reduces your monthly utility costs and can ultimately increase your home value.
Below are some examples of what to improve to become more Energy Efficient.
Windows and Doors Insulation & Cooling Roofs Lighting
EEM increases to 5%
Previously, Energy Efficient Mortgages were capped at $4,000 or $8,000 in improvements, whichever was greater.
June 10 2009 HUD released the change to The maximum amount of the portion of the EEM for … (7 comments)