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06 May 11 Lenders Get Approved to Offer FHA PowerSaver Program

HUD received more praise from the Obama Administration for rolling out their new energy efficient finance solution, the FHA PowerSaver. Don’t get too excited though, as FHA lenders may tighten the borrowing requirements on their new FHA home equity loan product. Underwriters will want to examine all your income and asset documentation because, unlike the [...]

Lenders Get Approved to Offer FHA PowerSaver Program



Reader's Comments

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    The new and revised Home Affordable Refinance Program and with no loan to value restrictions this government relief effort make actually help out some Americans. It’s been a few months since HUD announced the Power Saver loan program. Of course this is a pilot program that extends financing to homeowners who are implemented energy conservation solutions to their homes.

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