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FHA s Energy Efficient Mortgage EEM Fact Sheet As the single largest housing expense after a mortgage payment your utility costs can have a direct impact on how large a mortgage you can afford.

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energy efficiency measure (EEM): an action taken in the operation or equipment in a building that reduces energy use of the building while maintaining or enhancing the building's safety, comfort, and functionality.

The maximum loan-to-value (LTV) ratio for an FHA Energy Efficient Mortgage is 96.5%. The LTV ratio is based on the value of the property after energy efficient upgrades. For example, if you want to buy a home with a pre-improvement value of $100,000, you could obtain a base loan of $96,500 (LTV ratio of 96.5%).

WHAT IS AN EFFICIENT HOUSE. An efficient home is one that reduces unnecessary energy consumption, greenhouse gas emissions and the demand for non-renewable resources. At the same time, it provides more sustainable living conditions and saves significant sums of money.

FHA Energy-Efficient Mortgage (EEM) This program recognizes the monthly utility cost savings when homebuyers make energy-efficient improvements. ing to HUD, benefits for buyers include getting a more comfortable home now instead of waiting and qualifying for a larger loan on a better home.

Benefits of Energy Efficiency Environmental: Increased efficiency can lower greenhouse gas (GHG) emissions and other pollutants, as well as decrease water use. Economic: Improving energy efficiency can lower individual utility bills, create jobs, and help stabilize electricity prices and volatility.

EEMs provide the borrower with special benefits when purchasing a home that is energy efficient, or can be made efficient through the installation of energy-saving improvements.

FHA's Energy Efficient Mortgage program (EEM) helps families save money on their utility bills by enabling them to finance energy efficient improvements with their FHA-insured mortgage.

This worksheet is provided as a tool to help you determine how much borrowers can allocate toward home renovation costs. Your results depend on the accuracy of the information entered.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232