Of course you can get low interest rate on your home improvement loan if you choose to go for energy efficiency home improvement loan. With Fannie Mae you can get approval for this loan with all the attached benefits. This article provides you with a concise hint of this loan option that you can avail for improving your home.
For a start, you can contact Fannie Mae for your Energy efficient home improvements loan. Fannie Mae is private, shareholder-owned corporation that helps in increasing the availability of affordable homeownership. This corporation operates under a congressional charter.
Apart from home improvement loan, you can as well go for energy efficient mortgage with this corporation. Fannie Mae does not issue out funds, rather it ensures that funds are available and it purchases mortgages from lenders.
As a utility customer or homeowner, you have access to benefit from the residential energy efficiency improvement loan. What Fannie Mae does is to partner with utility companies that will provide you with this loan. The following are the outstanding features of the loan so you can seize the opportunity to get funding to improve the value and equity of your home.
- The interest rate is below the market rate.
- You have an option for unsecured financing.
- You can receive up to $15,000 as the home improvement loan.
- The repayment term could be up to 10 years.
- The entire house or some part of it can be installed with the energy efficiency improvements.
These are some of the unique benefits you will get funding energy efficient home improvements loan. The Fannie Mae website provides you with details or you can access http://www.pueblo.gsa.gov for more hints on residential energy efficient home improvement loan.
Sounds like a plan. Applying for loan can certainly help you lessen your burden in repairing damages in your home. Mystic Place Apartments
ReplyDelete