Green Mortgages Monroe 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 Monroe.

Local Companies

Guaranteed Home Mortgage Company
(718) 319-9845
3111 E Tremont Ave
Bronx, NY
Arcs Commercial Mortgage Co Lp
(516) 390-4623
50 Charles Lindbergh Bl
Uniondale, NY
New York Mortgage Co the
(516) 869-3407
1 Hollow Ln Ste 315
New Hyde Park, NY
American Mortgage Inc
(718) 815-6500
981 Bay St
Staten Island, NY
Argent Mortgage
(914) 949-2358
333 Westchester Ave
West Harrison, NY
New York Mortgage Company
(631) 962-2760
538 Broadhollow Rd
Melville, NY
Trans Global Mortgage Corp
(718) 886-8373
4125 Kissena Blvd Ste 110
Flushing, NY
Global Mortgage
(716) 677-2750
1780 Union Rd
West Seneca, NY
C Nb Mortgage Company
(585) 919-3500
72 S Main St
Canandaigua, NY
Avco Mortgage Company of New York Inc
(716) 434-9181
5714 S Transit Rd
Lockport, 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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