What is an Energy Efficient Mortgage (EEM)? EEM’s make it easier for borrowers to qualify for loans to purchase homes with specific energy-efficiency improvements. Conventional EEMs increase the purchasing power of buying an energy efficient home by allowing the lender to increase the borrower’s income by a dollar amount equal to the estimated energy savings.
Qualifying for an EEM typically requires a home energy rating to provide the lender with the estimated monthly energy savings and the value of the energy efficiency measures — known as the Energy Savings Value.
Closed cell polyurethane spray foam insulation like Foam It Green assists in getting the approval needed for an EEM because it helps seal the envelope of your home. Stopping air flow saves your home a lot of energy, and your wallet a lot of money.