Energy Efficient Loans
This is a win/win. Improve your home, lower operating expenses, possibly get tax credits and rebates, and increase the value of your home. With Energy Efficient Mortgages all of this is possible. RESNET is a resource of residential energy resources. Armed with information on tax credits, mortgages, rebates, raters and continued improving home building products, you are in a position to make some very positive decisions, whether you are buying, building or updating.
Green mortgages are in the news. Recently, I attended an ECO-BROKER conference. Wells Fargo and Countrywide were there, with panelists and presentations about their loan packages, directed toward green building. One interesting package offered to escrow funds to "green" a home, based on an energy rating and bids. A buyer can roll this into their mortage. This is an important feature because property values will definitely increase when a property is rated energy efficient. I have been searching the internet to offer more options. I have not found the information that I expected. That is not because the loans are not available. It is such a new concept that the lenders have not updated their information on the internet. 