Yes. The Energy Efficient Mortgage (EEM) program can be used in conjunction with any mortgage insurance under Title II, including:

  • ·  203(b)
  • ·  Purchase
  • ·  No cash-out refinance
  • ·  203(h) Mortgage Insurance for Disaster Victims
  • ·  203(k) (Standard and Streamlined)
  • ·  Weatherization Policy (Existing Construction only)

The property types that the EEM may be used with include:

  • ·  New Construction properties (one- to four-units);
  • ·  Existing Construction properties (one- to four-units);
  • ·  condominiums (one unit); or
  • ·  Manufactured Housing.

When utilizing an EEM in conjunction with a 203(k), the items included in the maximum financeable energy package must be excluded from the items