Finding Environmentally Friendly Home Mortgage Loan Programs
Today is Blog Action Day. All over the world, thousands of bloggers are joining in to create posts in order to raise awareness about the environment. Being green is no longer reserved to a few; many people are now interested in what it could mean to “go green.†And in many cases the answer is that it results in long term savings for you, in addition to be healthier for the environment.
This is true of home mortgage loan programs, especially. There are programs out there that promote green practices – practices that can save you money in energy bills. Green mortgages are perhaps among the more interesting offerings. These home mortgage programs mostly affect those looking into second home mortgages (home equity loans). Many lenders will waive fees or lower your interest rate if you add things like solar panels, energy efficient windows and more to make your home greener. This can also work for a first home mortgage, if you have the home certified by a specialist.
Other home mortgage loan programs include such gestures as planting a tree in your name to offset carbon emissions, or donating to an environmental cause in your name, when you close on the mortgage loan. Some even offer you a lower interest rate. Other programs include offering you a free energy use assessment when you get a loan, or throwing in energy efficient products, like CFL bulbs.
Check with local mortgage lenders as well as national lenders to find out what kinds of home mortgage loan programs they offer if you are taking steps to live a greener lifestyle.
In any case, these measures help reduce the upfront cost that can be associated with going green. You pay less out of pocket for these products, and in the long run they save you money. So, when you take advantage of home mortgage loan programs that offer environmentally friendly incentives, you are saving yourself some green, as well as protecting the planet.
Click here to find out more about what you can do to make your home more energy efficient.
Tags: home mortgage loan programs, mortgage loan bloge, home mortgage loan, environmentally friendly home mortgage,
second home mortgages, green mortgages
October 26th, 2007 at 6:50 pm
[…] Eco-friendly home loans, also known as “green mortgage programs,” will truly enable the borrower to get a bigger loan or a lower interest rate in most cases. Columnist David Myers recently fielded a question from a reader inquiring about such programs. Myers’ answer: […]
October 28th, 2007 at 8:15 am
[…] Admin wrote an interesting post today onHere’s a quick excerptToday is Blog Action Day. All over the world, thousands of bloggers are joining in to create posts in order to raise awareness about the environment. Being green is no longer reserved to a few; many people are now interested in what it … […]
October 30th, 2007 at 9:03 am
[…] unknown wrote an interesting post today onHere’s a quick excerptToday is Blog Action Day. All over the world, thousands of bloggers are joining in to create posts in order to raise awareness about the environment. Being green is no longer reserved to a few; many people are now interested in what it … […]