You can benefit from energy-efficient financing whether you’re buying, selling, refinancing, or remodeling a home. If you’re shopping for an energy-efficient home, an energy-efficient mortgage (EEM) can help you qualify for a more expensive home. The EEM takes into account lower utility costs, so you can afford a slightly larger mortgage payment.

Energy-Efficient Financing Programs

You can apply for energy-efficient financing through a government-insured or conventional loan program. Some states have programs specifically for their residents — contact your state energy office for information.

There are EEMs designed for both new homes and existing homes. With an EEM, you can purchase or refinance a home that is already energy-efficient or you can purchase or refinance a home that will become energy-efficient after energy-saving improvements. Most energy-efficient financing programs offer both types of EEMs, as well as home-improvement loans for making energy-efficiency upgrades to your existing home.

PowerSaver loans provide three financing options: loans for smaller home energy upgrade projects; a second mortgage for larger energy projects, such as retrofits or solar installations; and mortgage loans for combining home improvements with a home purchase or when refinancing an existing mortgage. See the PowerSaver loans website for more information on each of these options.

via Financing Energy-Efficient Homes | Department of Energy.