What Is a Green Mortgage?

A green mortgage can actually end up saving you a ton of money in the long run. Here’s how they work.

I’m joined today by my good friend John Broskie of Waterstone Mortgage to talk a bit about green mortgages.

A green mortgage is a program that allows you to buy a home and roll in the costs of a brand-new set of windows and a brand-new A/C system. It’s designed to save you money on your energy bills. With an estimated cost of $450 per window, you’re talking about around $30,000 for new windows and a new A/C system on a $300,000 house. All it will cost you is $150 per month.

This loan can be used for a new home purchase or a refinance. If you need to get them replaced, this is a great product. To contact John with any questions about this or any other loan product, give him a call at (407) 493-3868, or send an email to [email protected]

If you have any other real estate-related questions for me, don’t hesitate to reach out via phone or email. I look forward to hearing from you.