Green Mortgages East Syracuse 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 East Syracuse.

Local Companies

Chase Bank
(315) 424-2731
One Lincoln Center, 110 W Fayette St
Syracuse, NY
The Caldwell Agency Inc
(315)697-2087
Po Box 226
Canastota, NY
Geddes Federal Savings And Loan Association
(315)468-6281
2208 West Genesee Street
Syracuse, NY
CNY Mortgage Corporation
(315)677-0015
2744 Summer Ridge Drive
LA FAYETTE, NY
Syracuse Securities Inc
(315) 685-3032
1583 E Genesee St
Skaneateles, NY
HSBC Bank
1.800.975.HSBC (4722)
Next To Wendy'S 5785 E Circle Dr
Cicero, NY
Chase Bank
(315) 682-4170
329 Fayette St
Manlius, NY
Satellite Agency Network
(315)697-9673
W Seneca Ave P.o. Box 387
Camillus, NY
Independent Title Agency Llc
(315)476-3851
115 East Jefferson Street Suite 405
Syracuse, NY
Alliance Bank NA
(315)696-6333
5789 State Route 80
TULLY, 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

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