It turns out that Structural Insulated Panels (SIPs) not only help save money on energy costs but also make it possible for you to afford a more luxurious home! According to a recent article on financing energy-efficient homes featured on the U.S. Department of Energy's website, an energy-efficient mortgage (EEM) can open doors to purchasing a higher-priced home.
So, how does this work? EEM lenders take into account the HERS rating obtained from a home energy audit to confirm energy savings. The lower the number on your HERS report, the more favorable it is—and homes constructed using Thermocore Structural Insulated Panels consistently achieve impressive scores on the HERS index. For example, Bart Rynish of Barton Designs achieved an outstanding HERS rating of 35 with Thermocore SIPs, resulting in significant savings for the homeowner on annual heating expenses.
Lenders recognize that the less you spend on utility bills, the more you can allocate towards mortgage payments when you are building, renovating, or refinancing a property. By opting for energy-efficient financing, not only will you relish the comfortable temperatures, tranquility, and durability of your Thermocore SIPs home, but you will also be able to enjoy upgraded living spaces that enhance your overall quality of life.
Related Topics: Energy Programs and Tax Incentives, Green Design & Building, SIPs for Home Construction