Green Mortgages Webster 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 Webster.

Local Companies

HSBC Bank
1.800.975.HSBC (4722)
Wegmans & Barnes & Nobles 3225 Monroe Ave
Rochester, NY
Chase Bank
(585) 242-0354
260 Crittenden Blvd
Rochester, NY
Devere Capital Corporation
585-263-3370
Rochester, NY
M & T Bank - M & T Mortgage Corp- Banking Departments- M & T Mortgage Corpora
(585)258-8355
255 East Avenue Bsmt
ROCHESTER, NY
AEGIS Lending Corporation
(585)425-1200
430 Perinton Hills Offic
FAIRPORT, NY
HSBC Bank
1.800.975.HSBC (4722)
Ridgemont Plaza 2791 Ridge Rd West
Rochester, NY
HSBC Bank
1.800.975.HSBC (4722)
Across From Xerox Bldg 1 Hsbc Plaza
Rochester, NY
Mr. Gregory Lee Schaffer (RFC®), CFP
585-621-3300
3205 Mount Read Blvd.
Rochester, NY
PIMM Roger Realtors
(585)247-0980
1548 Buffalo Road
ROCHESTER, NY
Devere Capitol
(585)248-3400
11 State Street
PITTSFORD, 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