Bill Would Sweeten Loans for Energy-Efficient Homes – Home buyers purchasing energy-efficient properties could qualify for larger mortgages than their incomes would normally allow under a Senate bill reintroduced Thursday with broad real estate industry.
Why You May Want to Rethink a PACE Loan for Energy-Efficient. – For energy-efficient retrofitting, the FHFA recommends more traditional lending options, some even designed to finance energy efficiency, that operate similar to a second mortgage. A home equity line of credit is one recommended alternative to PACE financing.
Freddie Mac Announces GreenCHOICE MortgagesSM for Financing Energy-Efficient Home Improvements – MCLEAN, Va., Nov. 16, 2018 (GLOBE NEWSWIRE) — Freddie Mac (otcqb: fmcc) today announced new enhancements to its GreenCHOICE Mortgages(SM) energy-efficient offerings, including broader financing.
Green mortgages save on energy, loan costs – Bankrate.com – Freddie Mac, while having no formal energy-efficient mortgage program, allows lenders to take the projected utility savings from home upgrades into account when setting the loan amount.