Tuesday, July 28, 2009

Energy Incentives Likely to Grow

The LA Times reported last Sunday, July 26th...."The US Government to widen rewards for energy-conscious homeowners ......"

"For example, if you qualify for a $300,000 FHA mortgage, the FHA might now be able offer you an additional $15,000 if the extra money is used to substantially lower the property's annual energy consumption."

"The FHA is directed to insure a minimum of 50,000 new energy-efficient mortgages during the coming three years. An energy-efficient house is defined as one in which energy consumption is reduced by 20% following renovations"

To view the complete article click
http://ml-implode.com/staticnews/2009-07-27_Energyefficiencyincentiveslikelytogrow.html


For specific applications for homowners visit www.ecoenergyloan.com