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Energy Efficient Mortgages….

Before we delve into Energy Efficient Mortgages (EEMs), I want to briefly highlight our service, competitive rates & fees. Due to strict new Loan Officer compensation and regulatory rules, many lenders suffered a 66% drop in profitability in the first quarter pushing them to drastically reduce staff and costs to remain profitable. We continue to follow our strong business model of keeping overhead costs extremely low and in turn passing those savings on to our customers. Trulending Mortgage is in the top 10th percentile as it relates to competitive interest rates and closing costs in California. This combined with our superior service, strong product line, and fast underwriting turn times (currently at 24-48 hrs) makes us extremely competitive, especially with the larger banks.

We relish the opportunity to compete for your business. If you are in the market to purchase a new home or refinance your current mortgage(s), please call us to obtain a quote. Interest rates are still extremely low, but with the Feds bond purchase program (QE3) expiring at the end of June, interest rate volatility is anyone’s guess.

Energy Efficient Mortgages (EEMs)

The availability of EEM’s is timely since energy costs are on the rise while consumers’ disposable income, unfortunately, remains flat. An EEM helps homeowners save money on utility bills by enabling them to finance 100% of the cost of their energy efficient features to a new FHA purchase or FHA refinance mortgage. The EEM does not affect qualifying or down payments and will not delay closing. Please call us for more information… The typical “Big 5″ improvements are:

  1. Central Heating and Air
  2. Dual pane windows
  3. Insulation
  4. Water heaters
  5. Infiltration (Weather stripping and
    caulking)

SERVICE GUARANTEE:
WE GUARANTEE A SMOOTH LOAN ORIGINATION PROCESS OR WE WILL REFUND UP TO $500  OF YOUR CLOSING COSTS

We appreciate the opportunity to work with you on your next refinance or home purchase transaction. Please pass this along if you think we can help any of your close friends or family.

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