Invest now, save later: Energy Efficient Mortgage

Chris Birk discusses the benefits of an energy-efficient mortgage, the financial tools available to help customers and existing programs that offer the mortgage.

Main benefits:

  • savvy resale strategy
  • finance improvements that will optimize equipment and reduce usage
  • typically only approved when measure will result in net cost savings

It is important to note that an “energy-efficient mortgage isn’t the right fit for every person and every property. Run the numbers in detail, and compare them with other financing options such as a home equity line of credit or even a low-or no-interest credit card.” (Chris Birk)

Read more at: MyMoney

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