Structural Insulated Panel (SIP) Manufacturer
(800) 545-6290
info@foamlaminates.com
info@foamlaminates.com
Manufacturer of Structural Insulated Panels (SIPs)
Copyright 2008 Foam Laminates of Vermont. All Rights Reserved.
Supporting the Green Building Industry.
Copyright 2008 Foam Laminates of Vermont. All Rights Reserved.
Supporting the Green Building Industry.
SIP homes manufactured by Foam Laminates of Vermont can qualify for Energy Efficient Mortgages. These are special mortgages with stretched debt to income ratios which are available to newly purchased energy efficient homes.
Utility bills, right after the monthly mortgage payments, are the largest costs associated with owning a home. Unfortunately, these bills will continue to increase and become more burdensome to homeowners. SIP homes save so much money on heating and cooling bills that mortgage lenders are willing to give energy efficient homes a larger loan. Since lenders are willing to 'stretch' debt to income qualifying ratios up to 2%, homeowners can borrow more on the same income.
In order to obtain an energy efficient mortgage, the newly purchased home must be tested for energy usage. A favorable rating from The Home Energy Rating System (HERS) index - which is used to measure the amount of home energy consumption - is a necessary component.
HERS testers are available nationwide and generally coast between $400 and $600 per assessment. However, these cost savings are quickly realized when one considers the increasing utility costs. In addition, the homeowner can get the cost covered by the lender, builder, or even a real estate agent. In some case, the lender will finance the cost.
Utility bills, right after the monthly mortgage payments, are the largest costs associated with owning a home. Unfortunately, these bills will continue to increase and become more burdensome to homeowners. SIP homes save so much money on heating and cooling bills that mortgage lenders are willing to give energy efficient homes a larger loan. Since lenders are willing to 'stretch' debt to income qualifying ratios up to 2%, homeowners can borrow more on the same income.
In order to obtain an energy efficient mortgage, the newly purchased home must be tested for energy usage. A favorable rating from The Home Energy Rating System (HERS) index - which is used to measure the amount of home energy consumption - is a necessary component.
HERS testers are available nationwide and generally coast between $400 and $600 per assessment. However, these cost savings are quickly realized when one considers the increasing utility costs. In addition, the homeowner can get the cost covered by the lender, builder, or even a real estate agent. In some case, the lender will finance the cost.
Homeowners:
Sellers:
| · | Secure a larger loan |
| · | Save money from day one |
| · | Larger appraisal value |
| · | Sell home easier and quickly |
| · | More affordable to buyers |
| · | Attract more attention |
To find out more on Energy Efficient Mortgages, please visit the Energy Efficiency Mortgage Home Owner Guide website.
For more information about HERS raters in your area, please visit the Residential Services Energy Network website.
Foam Laminates of Vermont recommends M & T Mortgage Corporation as a lender because of their excellence in financing options, customer service, and expertise with working with a SIP manufacturer.
For more information about HERS raters in your area, please visit the Residential Services Energy Network website.
Foam Laminates of Vermont recommends M & T Mortgage Corporation as a lender because of their excellence in financing options, customer service, and expertise with working with a SIP manufacturer.
About Foam Laminates
Contact
Request Information
Printable Brochure
Vermont Frames
Building Green
Energy Star
Energy Efficient Loans
Green Tax Credits
Why Build with SIPs?
More Comfortable
Stronger & Safer
Faster to Construct
More Resource Efficient
Healthier Living
Save Money
Wave of the Future
Greater Energy Savings
Straighter Walls
More Design Friendly
Installation Manual
Pre-Delivery Preparation
Delivery & Getting Started
Wall Panel Installation
Roof Panel Installation
Products
Structural Panels
Hybrid SIPs
Timber Frames
Anatomy of a SIP
Components
Facings
Core Materials
Adhesives
How are they made?
History
Introduction
Forest Lab & Frank L. Wright
Alden B. Dow
Koopers Co. & Alside
The Resurgence
Trade Shows
FAQ
Why Choose Us?
Where Do I Start?
Why not Stick Frames?
Do You Build in Canada?
Architects & Builders
External Links
Contact
Request Information
Printable Brochure
Vermont Frames
Building Green
Energy Star
Energy Efficient Loans
Green Tax Credits
Why Build with SIPs?
More Comfortable
Stronger & Safer
Faster to Construct
More Resource Efficient
Healthier Living
Save Money
Wave of the Future
Greater Energy Savings
Straighter Walls
More Design Friendly
Installation Manual
Pre-Delivery Preparation
Delivery & Getting Started
Wall Panel Installation
Roof Panel Installation
Products
Structural Panels
Hybrid SIPs
Timber Frames
Anatomy of a SIP
Components
Facings
Core Materials
Adhesives
How are they made?
History
Introduction
Forest Lab & Frank L. Wright
Alden B. Dow
Koopers Co. & Alside
The Resurgence
Trade Shows
FAQ
Why Choose Us?
Where Do I Start?
Why not Stick Frames?
Do You Build in Canada?
Architects & Builders
External Links
