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Location Efficiency Mortgage (LEM)

mixed family great home ownershipLocation Efficient Mortgages are available to individuals purchasing more expensive homes in areas where with efficient public transportation systems.

These loans take into account monies saved on the expenses related to owning or leasing automobiles.

While LEM loans will allow a purchaser to buy a house that is more expensive than they would qualify for using a traditional mortgage, it does not lower the monthly payment.

LEM loans are only available in certain markets:

  • Chicago, IL
  • Los Angeles, CA
  • San Francisco, CA
  • Seattle, WA
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LICENSING

NMLS# 115432

Equal Housing Lender

CONTACT

Darin McCoy

NEXA Mortgage

Phone:
(917) 861-2271

Email:
nodocz@gmail.com

SOCIAL MEDIA

CORPORATE ADDRESS

3100 W. Ray Rd.
Ste 201, Office #209
Chandler, AZ 85226

Corporate NMLS# 1660690
NMLS Link

LOCATION

*Disclaimer: The information provided by this site cannot be guaranteed in regards to your individual financial position by Darin McCoy- NEXA Mortgage. All examples are hypothetical for illustrative purposes only. For the most accurate and personalized results, we encourage you to seek advice from one of our qualified financial professionals.