Government
Energy Efficient Mortgage (EEM)
Looking to make your home more energy-efficient while also securing a great mortgage rate? An Energy Efficient Mortgage (EEM) from CMRE allows you to finance energy-saving improvements along with your mortgage, potentially starting at a rate of 6.25%. Make your home greener and more affordable with an EEM.
Program Benefits
Finance energy-efficient upgrades with your mortgage.
Potentially lower your utility bills and save money each month.
Increase your home's value and marketability.
Qualify for a mortgage even with a lower FICO score (minimum 580).
Improve your home's comfort and reduce your carbon footprint.
Take advantage of government-backed financing options.
Program Highlights
Max LTV
96.5%
Min Credit Score
580
Max DTI
55%
Loan Amount Range
$50K - $2M
Amortization Options
Eligible Properties
- Single Family
- Condo
- Townhouse
Program Requirements
Income Documentation
- •Stable and verifiable income is required.
- •Debt-to-income ratio must meet program guidelines.
- •Proof of income documentation (pay stubs, tax returns, etc.) will be needed.
- •Income should be sufficient to cover mortgage payments and other debts.
Asset Verification
- •Sufficient assets to cover down payment and closing costs.
- •Verification of asset documentation (bank statements, investment accounts, etc.).
- •Gift funds may be allowed with proper documentation.
- •Reserves may be required depending on loan amount and credit profile.
Insurance & Title
- •Homeowner's insurance is required to protect the property.
- •Flood insurance may be required if the property is in a flood zone.
- •Mortgage insurance may be required depending on the loan-to-value ratio.
- •CMRE can assist in finding suitable insurance coverage.
Property Requirements
- •Minimum FICO score of 580 required.
- •A review of credit history to assess creditworthiness.
- •Timely payments on all credit accounts are essential.
- •Derogatory credit events may require further explanation and documentation.
Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Frequently Asked Questions
You can finance a wide range of improvements, including new windows, insulation, HVAC systems, solar panels, and energy-efficient appliances. The improvements must be cost-effective and result in significant energy savings.
The amount you can borrow depends on your creditworthiness, income, and the cost of the energy-efficient improvements. CMRE will work with you to determine the maximum loan amount you qualify for.
Interest rates for EEMs are competitive and may be lower than traditional mortgages due to government backing. Rates will vary based on market conditions and your individual qualifications. Starting rates may be around 6.25%.
Yes, an energy audit is typically required to identify potential energy-saving improvements and estimate their cost. CMRE can help you find qualified energy auditors in your area.
Sam K.
Senior Loan Strategist
With over 15 years in the mortgage industry, Sam specializes in complex jumbo and non-qm financing solutions, helping clients navigate unique financial landscapes.
NMLS #12345 | Certified Mortgage Advisor (CMA)
TESTIMONIALS
Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
RENE M
"I just worked with Custom Mortgage and Real Estate, and seriously, I can't recommend them enough. They have helped my family and me with a bunch of transactions, always receiving results that nobody else could. Their team is super responsive and really experienced, which made everything go through smoothly with no stress at all."
ARTHUR G
"As an investor in real estate and an agent, I totally count on Custom Mortgage and Real Estate for my deals since they've got loads of experience. They have these unique programs that I just can't find anywhere else, and it really gives me an advantage. After researching a number of companies, the offers from Custom Mortgage were the best out there."
