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Energy Efficient Mortgages (EEMs)

The average Mississippi homeowner spends close to $1,600 a year on utility bills. But an energy-efficient home—with such features as proper insulation, lighting & appliances; sealed "envelope”; high efficiency heating, cooling and water heating systems; and energy-efficient windows—can lower your utility bills by 10 to 50 percent. 

If you're looking to buy an energy-efficient home, you can qualify for a better, more comfortable home because with lower utility costs, you can afford a slightly larger mortgage payment. You can also obtain financing to make energy-efficient improvements to your existing home. And if you put your home on the market, you can use its energy efficiency as an attractive selling point.

You can apply for energy-efficient financing from your lender through a government-insured or conventional loan program. EEM guidelines and availability are subject to change so contact your lender directly for the most current information.  Read more about EEMs from the links below or contact Terrence Spears.

ENERGY STAR
RESNET - Residential Energy Services Network
U.S. Department of Housing and Urban Development
Alliance to Save Energy
Consumer Guides

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