Green Mortgages New York 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 New York.

Local Companies

Rosenthal And Rosenthal
(212)356-1400
1370 Broadway
New York, NY
Ronald Mazzarella (RFC®), CHFC, CLU
973 994 9100
293 Eisenhower Parkway Suite 255
Livingston, NJ
Perfect Title
(201)346-9959
2185 Lemoine Av
Fort Lee, NJ
Titan Capital LLC
(516)683-8059
100 Quentin Roosevelt Boulevard
GARDEN CITY, NY
Prospect Mortgage Llc
(718) 533-3166
7520 Astoria Blvd Ste 375
East Elmhurst, NY
Capital One
212-360-7299
1999 1St Ave.
New York, NY
Helen Beichel
1133 Park Place
Brooklyn, NY
Mr. Salim George Salloum (RFC®), MBA
937 389 9593
35 Teak Rd
Wayne, NJ
S A And M Holding Corporation Management
(201)768-4848
1022 Closter Dock Road
Alpine, NJ
Dream House Funding Limited
(718)949-0707
22501 Linden Boulevard
CAMBRIA HEIGHTS, NY
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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