Are you having trouble selling a home because of the upfront costs needed to pay off previously financed energy or water conservation improvements
If you are, there is great news for you! With updates to our most popular government mortgages*.
A subordinate agreement will no longer be required for those PACE/HERO loans and furthermore, that loan amount will be excluded from the buyer’s Combined Loan to Values (CLTV) calculation.
This means….Homeowners do not have to pay off those energy improvement loans outright!
So don’t delay to contact me and find out how I can help you and your borrower today!
*FHA, VA,& USDA mortgage programs