Green Mortgages Brewster NY

Financing has often been the missing piece in green home sales. Nationally, Fannie Mae offers an energy-efficient mortgage, which allows a lender to use the estimated monthly utility savings to increase an applicant's buying power and qualify them for a higher-priced home in Brewster.

Local Companies

Bank of America - Georgetown
800.432.1000
916 Danbury Road
Wilton, CT
State Finance Co Inc
(203)268-0001
500 Monroe Turnpike
Monroe, CT
Savings Bank Of Danbury
(203)775-5288
154 Federal Road
Brookfield, CT
JMF Funding Inc
(914)244-9245
204 Terrace Place
MOUNT KISCO, NY
Phh Home Loans Llc
(866) 898-4847
40 Apple Ridge Rd
Danbury, CT
Chase Bank
(914) 962-3863
2035 Crompond Rd
Yorktown Heights, NY
Vincent M. Marino Agency
(845)225-3621
1751 Route 6
Carmel, NY
Robert V. Meier Agency
(931)721-3312
123 Litchfield Rd
New Milford, CT
Savings Bank Of Danbury
(203)830-4390
35 West Street
Danbury, CT
Advisors Mortgage Group Llc
(203) 798-9584
208 Greenwood Ave Ste 10
Bethel, CT

Provided By:


Comfort Zone: Creating a Middle Ground for Green Building and Great Profits


By Alison Rice


Financing has often been the missing piece in green home sales. But attitudes are changing, especially at Fannie Mae. "We want to encourage lenders and builders to be more resource efficient and give the consumer benefits based on the fact that they're spending less on utilities," says Jim Taylor, director of product development in Fannie Mae's housing impact division. "They're a better credit risk to us because they're not spending that money on utilities."


Nationally, Fannie Mae offers an energy-efficient mortgage, which allows a lender to use the estimated monthly utility savings to increase an applicant's buying power and qualify them for a higher-priced home.


Taylor estimates that the lender did quite well in its first mortgage energy business. He expects the specific numbers to jump higher as Fannie Mae conducts more marketing and product development.


Some buyers may have a second option: Fannie Mae's home performance power product, which boosts an applicant's monthly income by the home's monthly energy savings. Lower utility cost is just one requirement of this mortgage, which is available only in specific markets. In Albuquerque, N.M., for example, a home must demonstrate energy efficiency and be located within 5 miles of downtown.

Click here to read full article from Builder Online

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