Chandler, AZ (PressExposure) February 10, 2011 -- Chandler Arizona mortgage brokers provide help and support to lenders as the Federal Housing Administration (FHA) announced a new mortgage product. The FHA Power saver loan was recently announced by FHA to provide new options for people.
The FHA Power Saver loan program is designed to encourage people to invest and purchase greener and more energy efficient houses. This will be a new opportunity for lenders and mortgage brokers as well. Chandler Arizona mortgage brokers can provide help in getting this kind loan program.
According to a statement released by David H. Stevens, assistant secretary for FHA, the new loan program will surely improve American homes and will make them more energy efficient. It is a great opportunity to reduce utility bills of homeowners, expand the number of green hobs and allow people to live in healthier homes. However, he said that there are several barriers that prevented a self-sustaining retrofit market from forming. Because of this, he said that the administration place a priority on enabling more homeowners to improve their homes' energy efficiency.
Chandler Arizona mortgage brokers [http://www.chandlermortgagebroker.eastvalleybiz.com] can help people with regard to this new loan program introduced by FHA. They can provide independent advice on the financial options for their clients. People can save time and these brokers will negotiate on behalf of their clients. Aside from these, they also have access on the major lenders in Arizona making them one of the best brokers in the state. They are also knowledgeable on the options offered by credit unions, trust companies and other sources so they can be of big help in taking care of the requirements needed before the closing date.
These mortgage brokers can also provide access to special deals and add-ons. A lot of institutions offer incentives to attract creditworthy customers so these brokers can help people choose the best institution that can provide more incentives.
With this new loan program introduced by FHA, Chandler Arizona mortgage brokers guarantees their clients that they will beat other lender's rate and fees and assures that the mortgage loan will be closed within 21 business days. They are also willing to pay $500 dollars to their clients if they do not beat the lender's price within 21 business days.