Turns out SIPs not only save money in energy costs, they also help you afford a nicer home! According to an article about financing energy-efficient homes on the U.S. Department of Energy’s website, an energy-efficient mortgage (EEM) can help you qualify for a more expensive home.
How does it work? To verify energy savings, EEM lenders consider the HERS rating from a home energy audit. The smaller the number on your HERS report the better—and homes built with Thermocore structural insulated panels consistently score lower on the HERS index. For instance, Bart Rynish of Barton Designs achieved a HERS rating of 35 with Thermocore SIPs, saving the homeowner hundreds of dollars per year on heating bills.
Lenders figure the less you spend on utility bills, the more you can afford for mortgage payments when you build, remodel, or refinance. Not only will you enjoy the comfortable temperatures, quiet, and sturdiness of your Thermocore SIPs home, you’ll relax in upgraded livings spaces thanks to energy-efficient financing.