An energy efficient mortgage allows the buyer to get an "income stretch," i.e. the lender can increase the debt-to-income ratio. With an energy efficient mortgage, the home buyer is able to buy "more house," while having lower payments because the energy cost savings are greater than the increases in the mortgage payment. Energy efficient mortgages are sponsored by the Federal Housing Administration, the Veterans Administration, Fannie Mae and Freddie Mac.

An energy improvement mortgage is a type of energy efficient mortgage that finances cost-effective improvements in an existing home. The total expended is rolled into the mortgage loan.

Find an Energy Efficient Mortgage Provider Near You:

Priority Mortgage Corporation                                       
2220 E. Michigan Ave. Suite 103                                      
Lansing, MI 48912                                                           
Phone: (517) 483-5121                                                     
Contact: Norm Ferrier                                                      

GMAC Mortgage                                                            
4790 S. Hagadorn Road #120                                           
East Lansing, MI 48823                                                    
Phone: 517-351-4570                                                       
Contact: Dennis Shell                                                      

GMAC Mortgage
37020 Garfield
Clinton Twp. MI, 48036
Phone: 810-286-5070
Contact: Mark Johnson

Chase Manhattan Mortgage                                          
Cascade West Parkway                                                   
28th Street Southeast                                                      
Grand Rapids, MI 49546                                                          
Phone: 616-464-4964                                                      
Contact: Dan Cavanaugh

Bank of America
40 Pearl St Northwest
Grand Rapids, MI 49501
Phone: 616-262-5963
Contact; Bob Storrer