fha eem – (energy efficient mortgage)
amazing opportunity – ($$$ over fha loan limit)
up to 96.5% LTV
no appraisal needed to support for energy $$$ (cost effective/over code)
no qualifying for energy $$$
energy rating required (HERS / Home Energy Score / BPI)
dollars available (lesser of the following)
5% of sales price/value
5% of 115% of HUD County Median Sales Price
5% of 150% of Fannie Mae Conforming Limit
up to 96.5% LTV
no appraisal needed to support for energy $$$ (cost effective/over code)
no qualifying for energy $$$
energy rating required (HERS / Home Energy Score / BPI)
dollars available (lesser of the following)
5% of sales price/value
5% of 115% of HUD County Median Sales Price
5% of 150% of Fannie Mae Conforming Limit