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Custom home builder in Oakland and Macomb County specializing in energy efficient homes.

Preferred Lenders

Energy Efficient Mortgages

Chemical Bank
Eric McLear
2301 W. Big Beaver Rd., Suite 525
Troy, MI 48084
(586) 255-0132

Huntington Mortgage Group
Matthew Stabile
Mortgage Loan Officer
801 West Big Beaver Rd.
Troy, MI  48084
(248) 266-5540

Lake Michigan Credit Union
Brent Green
8195 S. Saginaw St. Suite A
Grand Blanc, MI 48439
(586) 697-0199

Northpointe Bank
Tim Weaver
6548 Town Center Dr., Suite A
Clarkston, MI 48346
(810) 412-8240

Main Street Bank
Mark Smith
39600 Garfield, Suite A
Clinton Township, MI 48038
(586) 221-4252

  • Availability of three different ARM programs to choose from
  • Low down payment requirement
  • No balloon payments
  • 30 year amortization
  • Competitive rates
  • Drawback: Typically work with 700 credit scores, although can be negotiated with more money down, assets or reserves

These are companies that we have worked with in the past. Their names are provided as a service, but they are not affiliated with Envy Homes. There are many other banks and loan companies that offer similar programs.

Energy Efficient Mortgages

Energy efficient mortgages (EEM) are available to homebuyers when they are building or buying new, energy efficient homes, as well as buyers that are purchasing existing homes and making improvements towards energy efficiency. An EEM allows the homebuyer to qualify for a larger mortgage because of the savings that will come from reduced energy expenses. Energy efficient houses cost less to operate, saving money from the day you move in.

Home Financing Examples

Option A - Conventionally built home

$1100 monthly mortgage payment
$ 250 monthly energy bills
$1350 total

Option B - Green built home

$1100 monthly mortgage payment
$ 175 monthly energy bills
$1275 total

The total savings with Option B is $75 per month, or
$900 each year!

Please note: this is only an example. Monthly savings will vary (positively or negatively) depending on what energy efficient aspects are incorporated into your new home.