For the Lender

Finance a NC HealthyBuilt Home.  Why?

There is an emerging force moving the market towards energy efficient homes, driven in part by the Energy Star label and in part by consumers. Fannie Mae has taken the initiative to create several mortgage products that support this market force, understanding that “Borrowers who choose energy-efficient homes can afford to spend more on their housing expenses because they will likely spend less on their energy costs.”

Energy Star

According to the Residential Energy Services Network: An energy mortgage is a mortgage that credits a home’s energy efficiency in the home loan. There are two types of energy mortgages:

• Energy Improvement Mortgage - Finances the energy upgrades of an existing home in the mortgage loan using monthly energy savings
• Energy Efficient Mortgage - Uses the energy savings from a new energy efficient home to increase the home buying power of consumers and capitalizes the energy savings in the appraisal