energy efficient mortgage
Defined in 2 places across 2 titles of the United States Code.
2 The term “energy efficient mortgage” means a mortgage that provides financing incentives for the purchase of energy efficient homes, or that provides financing incentives to make energy efficiency improvements in existing homes by incorporating the cost of such improvements in the mortgage.
Source
- 1994–present42 U.S.C. § 12704The Public Health and Welfare · Definitions · as used in this subchapter
The term “energy efficient mortgage” means a mortgage on a residential building that recognizes the energy savings of a home that has cost-effective energy saving construction or improvements (including solar water heaters, solar-assisted air conditioners and ventilators, super-insulation, and insulating glass and film) and that has the effect of not disqualifying a borrower who, but for the expenditures on energy saving construction or improvements, would otherwise have qualified for a base loan.
Source
- 2008–present12 U.S.C. § 1701ZBanks and Banking · Energy efficient mortgages pilot program · for purposes of this section
The term “energy efficient mortgage” means a mortgage that provides financing incentives for the purchase of energy efficient homes, or that provides financing incentives to make energy efficiency improvements in existing homes by incorporating the cost of such improvements in the mortgage.
Source
- 1994–present42 U.S.C. § 12704The Public Health and Welfare · Definitions · as used in this subchapter