Green Tips – Energy-Efficient Mortgages

US News How an energy-efficient mortgage can save you moneyIf you have considered making upgrades to your home to make it more energy-efficient, but have found that making these upgrades doesn’t fit into your budget, looking into an energy-efficient mortgage may have the answers you need. Available for conventional loans, as well as by the Federal Housing Administration (FHA) and Veterans Administration (VA), energy-efficient mortgages allow “you to finance the cost of improvements that will curb energy usage and maximize efficiency. You can finance solar panels, geothermal heating, tankless water heaters and newer heating, ventilation and air-conditioning systems.”

While energy-efficient mortgages are not a second mortgage or a line of credit, they are a loan that is added to your current mortgage which may result in a higher monthly payment. The tradeoff is that the energy savings you gain from implementing the green upgrades counters the increase in your monthly payment. To learn more energy-efficient mortgages, visit

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