How Do I Qualify for an Energy-Efficient Mortgage?

You must have a qualified inspector visit your home to evaluate the property's compliance with U.S. Department of Energy standards. The inspector will determine how much improvements will add in terms of energy efficiency and determine whether financing for the upgrades will provide an appropriate benefit. The inspector’s report is used by the lender to determine how the property gains from proposed improvements, and whether it is worth the cost of funding those improvements.

As a borrower, you should submit a loan application to the lender along with additional paperwork required for an EEM. This paperwork includes: a certificate of eligibility, as well as proof of income such as your most recent paycheck stubs for a 30-day period, W-2 forms from the previous two years, bank statements, and if you are self-employed, copies of your federal income tax returns.