With the trend in green building becoming more popular, it is no surprise that it is also possible to get a green mortgage. However, like other home mortgage loans, this one is subject to tighter standards. And a green mortgage is also subject to other standards as well.
A green mortgage is a product that is offered, in different forms, by different lenders. Some waive origination fees. Others allow you to get a lower interest rate. In any case, the idea is that if you buy a home that meets certain green standards, you can get a discount on your mortgage from some lenders. Something to consider this Earth Day.
Happy Earth Day from Lending Leaves!
image credit: NASA
» Sustainable Home Designs from LendingLeaves
Today, I thought it would be nice to point out that when you do mortgage financing, it is also possible to get construction loans to build your own sustainable home. [Read More]
Tracked on: April 23, 2008 10:44 AM | Permalink to Trackback