Green Mortgages Middletown 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 Middletown.

Local Companies

Chase Bank
(845) 343-1119
440 Rte 211 E
Middletown, NY
Wells Fargo - Matamoras
570-491-4151
1001 Pennsylvania Ave
Matamoras, PA
Miles Mortgage Service
(845)564-2900
236 South Plank Road
NEWBURGH, NY
DML Mortgage Enterprises Inc
(845)986-3733
100 Main
WARWICK, NY
Metlife Bank, National Association
(845) 440-4100
700 Corporate Blvd
Newburgh, NY
Chase Bank
(845) 565-5380
353 New Windsor Hwy
New Windsor, NY
Chase Bank
(973) 875-7715
295 Rte 23
Sussex, NJ
Esquire Title Agency Inc
(845)561-3500
542 Union Av
New Windsor, NY
Greenshire Financial Group
(845)567-9099
255 Route 17K
NEWBURGH, NY
Dynamic Mortgage Bankers
(845)567-6266
103 Executive Drive
NEW WINDSOR, 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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