EEM - Energy Efficient Mortgage

By
Home Inspector with 203kOnLine.com, covering California & most other states S0289

If you aren't already on this bandwagon, better get tied in. The EEM has been a great product for a long time but very under utilized. It can save your deal. We have used it a few times to save deals that would have otherwise died on the vine... It can allow your borrower to qualify for more money and even exceed the "maximum mortgage amount" set by HUD on a 203k when you piggyback an EEM. We are now facilitators for the EEM program, watch our web site in the next few days to see the changes that are coming down the pike.

In CA right now you are having to get multiple bids and you loose them all the time to higher bidders. Wow, why not use the 110% of the "after improved" value appraisal and top it off with an EEM which will give you another $8000 in bidding power? All this on top of the "all time high" loan limits, ... we have a winner

Posted by

Mike Young, 203k Team Leader    Mike ready for your 203k order

With offices coast to coast and HQ now at PMB 168, 5055 Business Center Drive, Suite 108 Fairfield, CA 94534 1.707.812.7668. We have fourteen offices in CA covering both CA states, NorCAL and SoCAL where we can cover the entire state.

To learn more about the FHA 203k loan program go to www.203kOnLine.com. To contact us for a consultation please go to www.my203kconsultant.com and "order a consultation". If you like what you see here please take a look at Another blog by Mike Young in Spanish and other languages. Got a 203k porject giving you "fits" contact Mark from NV at www.203k911.com, is having more fun with this new site than anyone should. If you are looking for a quality 203k software for ease of underwriting and to help lenders and consultants provide quality service and reports to their clients.

Skype name: the203kconsultant

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Topic:
Home Buying
Location:
California Contra Costa County Canyon
Groups:
San Leandro California
Sacramento Real Estate
Everything California
Tags:
203k piggyback with eem
eem
energy efficient mortgage

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Mike Young

FHA 203k Consultant 707-812-7668
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