The Energy Efficient Mortgage program (EEM) from the Federal Housing Administration (FHA) helps homebuyers or homeowners save money on utility bills by enabling them to finance the cost of adding energy efficiency features to new or existing housing as part of their FHA insured home purchase or refinancing mortgage. Benefits of the program include lower down-payments and 100% financing of qualifying energy improvements. You save money by qualifying for your mortgage before adding qualified energy efficient improvement savings.
For more information, please review the Fact Sheet from Donna Holmer and our friends at Diamond Residential Mortgage.