Mountain West Financial Announces HomeStyle Energy Mortgage Program
Don’t let existing energy improvement debt keep you from refinancing your home! The HomeStyle Energy Mortgage Program allows you to pay off high-interest energy improvement debt, including Property Assessed Clean Energy (PACE), Home Energy Renovation Opportunity (HERO) loans, or unsecured loan, and refinance at a lower rate at the same time. The program is designed to support you in your efforts to increase energy efficiency and reduce utility costs in your home! New research reveals that homeowners prefer “features that will help them save energy and keep the home organized.” And, most buyers want homes with energy-efficient windows and highly rated insulation, according to a recent study from the National Association of Home Builders.1
Program Features include paying off higher-interest energy improvement debt through a limited cash-out refinance where types of energy improvements include:
- Attic and Wall Insulation
- Duct Sealing and Replacement
- Weather-stripping and caulking to seal air gaps
- High performance windows and sliders
- High efficiency furnaces & air conditioners
- Solar panels
* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.
