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