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Home, Investment
Property and Construction
Loans
How to finance your
custom dream home or commercial building
Ten steps to financing your new
BIOS home with the lender of your choice
Get
the full guide lines on energy efficient mortgages
Learn more click here
If included in the mortgage, solar will increase
your payment by the average of $19.00 per month while reducing your
utility bill by $25 to $45 per month; thus, giving the homeowner a
positive cash flow from day one.
Example:
Adding a Solar Energy System to mortgage: $19.00/month
Potential Power Bill Savings: $45.00/month
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Positive Cash Flow/month: $26.00
But that's not the only benefit!
Installing a Solar Water Heater can also help you qualify for an
Energy Efficient Mortgage (EEM). The advantages of an EEM include a
reduced down payment, lower closing cost or an increased debt-to-income
ratio. This debt-to-income ratio stretch means you qualify for a larger
mortgage. So, when you're deciding what to include in your new home,
remember that solar is the only household appliance that pays for itself
over and over again. Other water heating systems, like electric and gas
require never-ending monthly utility payments. The sun's energy is FREE.
Rebates:
Connecticut Clean Energy Fund now offers rebates for Connecticut
residents who install solar photovoltaic systems on their homes. The
incentives are available only through participating installers that have
been designated by CCEF. Systems may be of any size but must be
connected to the electric grid. The program offers an incentive of $5
per Watt (PTC rating) for the first 5kW of system and installation
costs, with a maximum rebate of $25,000 per household. Homes can be
one to four family residences.
Special
Financing:
Additional Mortgage Resources
THE BIOS BUILDING TECHNOLOGY CENTER
15,500 square feet
of prime residential and commercial space dedicated to
showcasing the
best of green building and design technologies as well as
a BALANCED
LIVING CENTER that will be a combination of businesses and
services that promote health and wellness.
Coming Soon to
72 Railroad Street
in New Milford, CT
Zero-Energy
- Affordable - Green - Automated - Sustainable
Homes, Churches
and Commercial Buildings
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