Green Mortgages Camillus 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 Camillus.

Local Companies

Chase Bank
(315) 682-4170
329 Fayette St
Manlius, NY
Dennis A. Hughes Agency
(315)458-6320
5702 S Bay Rd
Cicero, NY
Vanguard Risk Managers
(315)673-2094
Po Box 191
Marcellus, NY
Family First Mortgage
(315)378-0884
4610 Bloomsbury Drive
SYRACUSE, NY
Commonfund Mortgage Corp
(315) 422-2325
717 Erie Blvd W
Syracuse, NY
HSBC Bank
1.800.975.HSBC (4722)
St Joseph'S Hospital 500 N Salina St
Syracuse, NY
Citizens Bank - Clay Shopping Center/Price Cho
315-652-2136
3863 State Route 31
Liverpool, NY
Cny Insurance Agency
(315)453-2100
4205 Long Branch Rd
Liverpool, NY
The Mortgage Organization Inc.
(315)685-7283
10 Lakeview Circle
SKANEATELES, NY
Metlife Bank, National Association
(315) 453-6800
1020 7Th North St Ste 140
Liverpool, NY

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